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Executive Committee Members

We are committed to a long-term management model, observing all tenets of good corporate governance and compliance to maintain excellent financial and capital ratios. Our Executive Committee members involved in the management are as follows:


Ms. Ibthishama Ahmed Saeed

CEO & Managing Director

Ms. Ibthishama Ahmed Saeed took the roles of Managing Director and CEO on September 01, 2021. Prior to her assignment, she has been serving as a Board Director since January 01, 2021, representing the major shareholding company. Ms. Ibthishama Ahmed Saeed has a career approaching two decades of executive service across various industries, serving banking, aviation, hospitality, and health industries. Her previous Board Directorship appointments involve from 2015 to 2019, serving the Bank of Maldives, sitting in the Board Credit Committee, and similarly in the Appointment and Remunerations Committee. Similarly, she also served as the Chairperson of Maldives Tourism Development Corporation from 2015 to 2016. Ms. Saeed holds a Master of Arts in Marketing Communication from the University of Westminster, United Kingdom, and a Bachelor of Commerce from Kerala University, India.


Ms. Fathimath Mohamed Faiz

Chief Risk Officer

Fathimath Mohamed Faiz joined MFLC in 2014, initially as a Marketing Executive focusing on credit evaluations and gradually developing focus to develop enhanced risk monitoring functions at MFLC. Fathmath has dedicated her career to MFLC having and have gained her Bachelor of Business Management and Marketing from Maldives National University, followed by a Masters of Business Administration & Finance from University of Bedfordshire, UK.


Ms. Hawwa Nabeela

Company Secretary

Hawwa Nabeela joined MFLC in 2021, having previously served Tree Top Health Pvt. Ltd in the capacity of Business Development and Marketing. With previous career experience in the financial services sector of Maldives, Nabeela brings in her strengths of insight through her administration and understanding of business model. Nabeela is presently pursuing her Master of Laws in Commercial Law from UWE Bristol, having previously graduated from Keele University; UK.


Mr. Ahmed Sinan

Chief Operating Officer

Ahmed Sinan joined MFLC in 2021, having gained over a decade of experience serving across various senior position roles in public institutes and private entities, helping structure investments and strategies for business development. Sinan holds a Bachelors of Banking and Finance and a Bachelors of Computing from Monash University Australia.


Ms. Fathimath Muna

Chief Credit Officer

Fathimath Muna joined MFLC in 2022, having gained over 20 years of experience in the Maldivian financial industry, developing exposure through senior roles at banking and non-banking financial entities, focusing on lending, recoveries and loan administrations. Muna holds a Bachelors of Accounting and Finance specialising in Forensic Accounting from Staffordshire University, UK; while currently is pursuing her Professional level in ACCA.


Mr. Mohamed Jinan

Financial Controller

Mohamed Jinan joined MFLC in 2022, having previously gained over 15 years of experience as a professional practicing auditor in Australia. Jinan holds the Chartered Accountant qualification together with Masters in Business Administration from Melbourne University and Bachelors of Accounting from LaTrobe University; Australia.


Mr. Yamyn Adam

Chief Compliance Officer

Yamyn Adam joined MFLC in 2022, having acquired over two decades of experience serving in the Maldivian financial services industry. With broad experience gained across international business transactions, cross-border fund transfers and various other banking and finance functions, Yamyn provides insightful perspectives from his broad experience and advocates for highest standard of compliance while leading adoption of best practices to overview MFLC compliance measures.

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