About us - Board of Directors
Mr. Najmul Hassan
Hassan presently Chairman of Board in Maldives Islamic Bank, and representing
ICD on the Boards Zaman Bank Kazakhstan and Al Baraka bank Pakistan. Recently
he retired as Director, Financial Institution Development Department at the
Islamic Corporation for the Development of the Private Sector (ICD), which is
part of Islamic Development Bank (IDB), Jeddah.
joining ICD he was Chief Executive Officer of Gulf African Bank. Gulf African
Bank set up in early 2008, is the first Islamic Bank in Kenya.
Gulf African Bank, Mr. Hassan worked as General Manager Corporate and Business
Development in Meezan Bank Limited (MBL), the first and largest Islamic
commercial Bank in Pakistan. He was one of the founder members of the Bank and
played an instrumental role in leading the successful conversion of the
operations of the Bank into full-fledged Islamic commercial bank, upon the
acquisition of Society General in 2002.
MBL, he worked as a Managing Director, Delphi Diesel systems (Pakistan), and
prior to that as Managing Director in Agro Auto Industries, which is one of the
largest automotive parts manufacturing company in Pakistan.
started his career with Pakistan Air Force in Maintenance and Technical branch.
participated as a speaker in numerous workshops and seminars on topics related
to Islamic Finance in Pakistan, Kenya, Saudi Arabia in addition to conducting
training program with Dun & Bradstreet in Dubai, Bangladesh and training of
Shariah scholars on AAOIFI standards, in UK with First Ethical.
He holds Master
of Business Administration (MBA) and Bachelor Degree in Aeronautical
Engineering (BE). He has done courses on Positive Psychology from University of
Pennsylvania and Fintec from Oxford University UK.
Mr. Mohammed Ataur-Rahman Chowdhury
Ataur Rahman Chowdhury is a seasoned financial sector specialist, having spent
more than 18 years across in the Financial Institutions domain covering
multiple geographic regions across Middle-East, North Africa, West Africa,
Central Asia and Southeast Asia. His diversified experience was spent mostly in
senior roles in direct financing, investment banking, commercial banking, FI
equities, board representations and turning around financial institutions.
Joined in 2007, at present, Mr. Chowdhury holds the position of Head of Banking
Equities at the Islamic Corporation for the Development of the Private Sector
("ICD"); the private sector arm of the Islamic Development Bank
("IsDB") Group leading establishment and formulating strategies of
more than 15 Islamic banks with aggerate portfolio of nearly USD 260 million.
He is a Board member in Maldives Islamic Bank and Amana Bank, Sri Lanka.
Briefly, Mr. Chowdhury also worked as Adviser, Financial Institutions for The
European Bank for Reconstruction and Development ("EBRD") in London,
UK on secondment from ICD.
professional career, preceding his ICD tenor, included 7 years in Bangladesh's
financial sector, holding the roles of: Corporate Relationship Manager in
Commercial Bank of Ceylon Limited (Bangladesh operation), Investment Manager in
IPDC (the first Development Financial Institution in the country) and Senior
Investment Analyst in BRAC-EPL (a premier investment bank in the country).
A well learned
individual, Mr. Chowdhury holds an MBA in Finance from IE Business
School, Spain, and another MBA in Finance & Accounting from North
South University, Bangladesh. He has also earned a Diploma in Board
Certification of Company Direction from the Institute of Directors, United
Nasser Mohammed Al-Thekair
Nasser Al Thekair is
currently the General Manager of the Trade & Business Development
Department in the International Islamic Trade Finance Corporation (ITFC),
Member of the Islamic Development Bank Group (IsDB Group). He has the
responsibility of developing trade in the Member Countries, developing new
business lines & products, managing of partnerships, innovation, policy
analysis, setting up new funds as well as leading the decentralization of ITFC.
Prior to this role, Nasser was the Assistant
General Manager of Corporate & Structured Finance Department
(CSF), with the responsibility of overseeing all ITFC trade finance transactions
for Middle East and North Africa which he has grown to become a business
portfolio in excess of US$ 2.2 Billion from US$ 500 Million.
His main achievements in the area of Islamic
Finance relates to leading and supervising the structuring of several
transactions that won international recognition from Islamic Finance News,
Euromoney and Global Trade Review. In addition, during the period of 2006 to
2008 he was part of the team that was tasked with the role of establishing the
ITFC as a separate entity within the IDB Group and transferring the operations
of the Trade Finance & Promotion Department (TF&PD) to the new entity.
Prior to the start of ITFC in January 2008 he was
Head of the Arabic Countries Section in the TF&PD at IDB, having progressed
rapidly since he joined the IDB in the year 2000.
On the Executive level, Nasser is a member of the
Investment Committee of the ITFC Sovereign Energy Fund (ISEF), Governing Board
& Executive Committee member of the Arab Africa Trade Bridges Program
(AATB), Practitioner Advisory Board Member of The Institute for Trade and
Innovation (IfTI) and member of the Steering Committee of the ICC Regional
Banking Commission Middle East and North Africa (MENA).
Nasser holds a
bachelor's degree in Electrical Engineering from King AbdulAziz University in
Jeddah, Saudi Arabia and a Masters degree in Business Administration (MBA) from
the University of Leicester School of Management, United Kingdom, as well as
Executive Education in Business Leadership from IMD Business School in
Ms. Fathimath Shafeega
Ms. Fathimath Shafeega was the former
Chief Executive Officer of the Capital Market Development Authority (CMDA). In
her nine years tenure as CEO of CMDA, the foresight and forward thinking plans
implemented under Shafeega's leadership gave rise to the existing corporate
governance framework and institutions in the capital market.
Ms..Shafeega served in the financial sector of the
Maldives for more than two decades which included serving in MMA as Deputy
Managing Director / Capital Market Division. During her tenure at the CMDA, she
sat on the Board of CMDA and also served as a member of the Small and Medium
Enterprises Council, a board member of the Institute of Corporate Directors and
Secretaries and also represented CMDA on the International Organisation of
Securities Commissions (IOSCO).
Prior to joining the CMDA, Ms.
Shafeega worked at the Maldives Monetary Authority for 24 years in various
capacities, the last behind as Deputy Managing Director.
Shafeega is currently the Chairperson
of Dhivehi Insurance Company Pvt. Ltd and is also a Board Director and the
Chairperson of the Audit Committee of the Maldives Islamic Bank. She is also
the Senior Advisor of Ensis Group of Companies. She is the co founder and President
of Women on Boards NGO that works towards empowerment of women leaders
especially in the Maldivian financial sector. She is also the founder of the
Maldives Capacity Development and Governance Institute and holds the position
of Advisor of the Institute.
Ms. Shafeega has received the
Prestigious Rehendi Award from the Government of Maldives to recognize
outstanding service of women to national development and the society. Shafeega
hold a Graduate Diploma and Masters degree in Banking and Finance from the Monash
Institutions involved in
- Maldives Islamic Bank
- Women on Boards
- Dhivehi Insurance
Capacity Development and Governance Institute
Mr. Osman Kassim
Mr. Osman Kassim is a renowned and highly-respected
entrepreneur in Sri Lanka. He is the founder and currently the
Chairman/Executive Director of Amana Bank PLC. He was formerly the Chairman of
the Expolanka Group and at present sits on the Board of Expolanka Holdings PLC
as a Non-Executive Director.
He is regarded as the pioneer of Islamic finance in
Sri Lanka for having introduced Islamic banking and insurance and counts over
28 years of senior management experience in these fields. He has travelled extensively
and is fully conversant with Islamic Banking practice and methodology in most
countries, where Islamic banking is available.
Mr. Osman Kassim is also the Chairman of Vidullanka
PLC, Asia Pacific Institute of Information Technology (Pvt) Ltd. and Alhasan
Foundation, Rokfam (Pvt) Ltd. He concurrently holds directorship in Amana
Takaful PLC, Amana Takaful Maldives PLC, Crescentrating (Pte) Ltd, Singapore
and Crescentrating (Pte) Ltd, Japan.
In recognition of his achievements as both a global
entrepreneur and visionary educationalist, he was conferred an Honorary
Doctorate by the Staffordshire University, United Kingdom.
Mr. Mohamed Azad
Mr. Mohamed Azad, a Maldivian citizen, is the Board
nominee of the Government of Maldives. He has been working with Ministry of
Finance as a State Owned Enterprises (SOE) Financial Consultant since 2017. He
has worked with number of (SOE) in developing governance frameworks and establishing
internal control mechanisms on behalf of the Ministry of Finance.
He is also the vice chairperson of the State
Internal Audit Committee which has the mandate to oversee the internal audit
functions of all state entities including government offices and SOEs.
He started his working career in September 2005
with the Anti-Corruption Commission. He spent more than 10 years with the
commission in various capacities, related to financial investigations and
auditing. He left the Anti-Corruption Commission in August 2016 to join Hazana
Maldives Limited as Head of Accounts and Finance.
Mr. Mohamed Azad holds a Bachelor of Business
Administration degree and Masters of Science (Finance), both from the
International Islamic University Malaysia.
Mr. Abul Ehtesham Abdul Muhaimen
Managing Director/Chief Executive Officer
Prior to joining MIB, Mr. Muhaimen was the Managing Director & Chief Executive Officer of United Commercial Bank (UCB) in Bangladesh. Mr. Muhaimen was also the MD & CEO of Brac Bank Ltd, one of the leading Banks in Bangladesh. Muhaimen is a senior banking professional with over 30 years of experience with MNC & Regional Banks in Asia, Australia, and Middle East holding C-Level jobs in key business and support roles. He started his career with ANZ Grindlays Bank as Management Trainee in 1986.
He worked in various management capacities both in Bangladesh & abroad in the role of CFO, Head of Human Resources, Head of Consumer Banking, Chief Operating Officer & Deputy CEO. Muhaimen has multicultural experience across geographies while working in ANZ Grindlays Bank, Standard Chartered Bank and other Banks in Bangladesh & UAE.
Mr. Muhaimen obtained post graduate degree in MBA from IBA, Dhaka University. He has also attended strategic senior management executive courses at INSEAD, Singapore; Cambridge University, UK. Mount Eliza of Monash University, Australia and Harvard University, USA. Mr. Muhaimen also held Board positions as a Director on the Board of Brac EPL, Brac EPSL, bKash and IIDFC in Bangladesh.
Mr. Ali Wasif
Executive Director / Chief Financial Officer (CFO)
Mr. Ali Wasif, joined MIB as a Planning and Development Officer in January 2011. Prior to joining MIB, he worked with Maldives Monetary Authority in Banking, Payment and Settlement Division with significant involvement in projects including, Maldives RTGS System and ACH system. He has been the Head of Finance and Accounts of MIB since September 2011 and currently serves as the Chief Financial Officer of the bank.
His experience at the Bank since it's inception has made him a pivotal figure in the financing industry of Maldives. His professional expertise and knowledge has been instrumental in matters of the Islamic Finance industry. Furthermore, he has played a key role in the introduction of the first shariah compliant treasury instrument in Maldives.
Mr. Wasif holds a Bachelorâ€™s degree in Accounting from Multimedia University, Malaysia and is an affiliate member of ACCA. He also has a Masters in Islamic Finance under the program Masters in Islamic Finance Practice (MIFP) from the International Centre for Islamic Finance (INCIEF).