A new appointment has been made to the post of Head of Financial Intelligence Unit at the Maldives Monetary Authority (MMA).

The new appointee is Ibrahim Ahmed Nasir, who had actively led the creation of the Maldives Stock Exchange as well as the Maldives Securities Depository. MMA has revealed that Nasir had been appointed to the position under the Prevention of Money Laundering and Financing of Terrorism Act.

Nasir had served as the CEO of both the Maldives Stock Exchange and the Maldives Securities Depository for three years. He had also served in Maldives Police Service (MPS) for 11 years. Nasir had also worked as the Head of MMA’s Credit Guarantee Unit as well as Deputy Country Manager at HSBC.