Malé, Maldives – President Dr. Mohamed Muizzu has nominated Ahmed Munawar to become the new Governor of the Maldives Monetary Authority (MMA). This nomination follows the Maldives Parliament’s approval of the removal of the previous Governor, Ali Hashim, upon President Muizzu’s request for counsel on the matter.
Munawar’s appointment is now under review by the parliament’s Public Accounts Committee, in accordance with the Maldives Monetary Authority Act, which requires parliamentary advice before finalizing such appointments.
With a history at the MMA and a tenure as Finance Minister under former President Abdulla Yameen, Munawar brings extensive experience and familiarity with the central bank’s operations and objectives to the role.
The President’s Office confirmed that the decision to remove Hashim was made following parliamentary advice. As the Public Accounts Committee conducts its review, the nation awaits the final decision on Munawar’s appointment, a move poised to significantly influence the future direction of the MMA.
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