Maldives Islamic Bank Appoints Two Board Members at Special General Meeting

Maldives Islamic Bank (MIB) has appointed two new members to its board of directors during a special general meeting held today via the Fahivoo platform. The bank announced that shareholders representing 71.73 percent of the bank’s shares participated in the meeting. Shareholders approved the appointment of Hassan Hamood as a non-executive director representing the Maldives Pension Administration Office (MPAO). According to MIB, Hamood received 100 percent of the votes cast (17,186,661 votes). Hamood, who currently serves as Senior Manager, Investment and Advisory Services at the Pension Office, holds a Master of Arts in Economics and Law from the University of Edinburgh and has completed Level 1 of the Chartered Financial Analyst program. He has previously held positions at the Pension Office, Transparency Maldives, and the Maldives Monetary Authority. In addition, Iyaz Waheed was elected as a director from among the ordinary shareholders, securing 55.20 percent of the votes (352,614 votes). This marks his second term in the position.