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Maldives Fund Management Corporation Limited

MFMC
Banking and Finance
Reg No: C-06492019

About

Maldives Fund Management Corporation Limited (MFMC) is a 100% state-owned company established by president decree in the Republic of Maldives. MFMC was formed with the objective of seeking capital market solutions for private sector development while creating opportunities for local and foreign investors to benefit from investment in various sectors of the Maldivian economy.

Mission

Facilitate funding for private and public sector to access international capital markets and raise the required long-term finance which cannot be adequately catered for by the local financial system.

Vision

The broad objective of MFMC is to ease the restrictions on access to credit and lower the cost of finance to the private and public sector, thus facilitating the implementation development targets, increasing national income and widening the tax base.

Share Details

Type Entity Name Percent
Government Investment 100.00%

Company Secretary

Aishath Mohamed

Company Secretary

Board Members

Vacant Non-Executive

- - - - -

Chairman

GoM

Executive
Ahmed Nazim

Chief Executive Officer & Managing Director

GoM

Vacant Non-Executive

- - - - -

Director

GoM

Accounting & Finance
Non-Executive
Aishath Shehenaz

Director

GoM

Non-Executive
Mohamed Fathih

Director

GoM

Board Composition

Maximum Appointable Directors

Appointed Directors

Gender Ratio

Vacant Directors

Annual Reports

All figures are displayed in Maldivian Rufiyaa

Revenue

Net Profit

Value of Assets