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Fazeel Najeeb is a Maldivian economist and technocrat who was the former governor of the Maldives Monetary Authority (2008-2013) where he is also the Chairman of the Board of Directors. [1] [2] [3]
A native of Fuvahmulah, Fazeel is also the Governor of Maldives to the International Monetary Fund, and was Chairman of SAARC Finance, a network of Central Banks in South Asia.
Fazeel obrtained a PhD in Commercial Law (Intellectual Property), an LLM in International Business Law, and a BA Honours degree in Economics. He acquired education from the United Kingdom. [4]
He began his public service in 1987 at the Ministry of Trade and Industry. He also had his own consulting firm, before taking up his doctoral studies in London. He assumed office at Maldives Monetary Authority in 2008. [4]
After assuming the office of the Governor of MMA, in 2009 Fazeel introduced the first prudential regulations for banks in the Maldives – a set of 11 prudential regulations. In the same year he also proposed to the government, the first banking act of Maldives and introduced the first ever monetary policy framework and operations at the Central Bank, and, simultaneously introduced the auctioning of treasury bills. [4]
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law.
Maumoon Abdul Gayoom is a Maldivian politician who served as the President of Maldives from 1978 to 2008. After serving as Minister of Transport, he was nominated as President by the Majlis (Parliament) of the Maldives and succeeded Ibrahim Nasir in 1978. He was defeated in the October 2008 presidential election. In opposition, he continued to serve as leader of the Dhivehi Rayyithunge Party until January 2010, when he retired from active politics.
The Maldivian rufiyaa is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari.
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The Maldives Monetary Authority (MMA) is the central bank of the republic of Maldives and was established on July 1, 1981, under the mandate provided by the "MMA Act" of 1981, located in the capital city of Malé. The current governor and chairperson is Ali Hashim and deputy governor is Mr. Ahmed Imad. It is a member of the Asian Clearing Union.
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Qasim Ibrahim, also known as Burumaa Qasim is a Maldivian politician, business magnate and philanthropist. As the chairman and founder of the Villa Group, he is one of the country's wealthiest businessmen, with a net worth of around 9.63 billion MVR
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Ibrahim Fazeel is a Maldivian footballer nicknamed "Oppo". He can play both as a midfielder and as a forward currently who plays for Llangefni Town FC He started his career while he was a student in Majeedhiyaa School in 1999. Fazeel played his first international match on 2 April 2000 against Syria and scored first goal in the Golden jubilee international tournament against Bangladesh. He is the only player who scored for times in the semi-finals to take Maldives to the finals.
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Funaadu is an administrative division of Fuvahmulah, Maldives. This is one of the largest wards in Fuvahmulah. The origin of its name lies in some large groves of the tree known locally as "Funa" that were located on its southern end.
Ahmed Inaz is a Maldivian economist, and former Minister of Finance in the MDP government from April 2011 to December 2011. He was a member of the Maldivian Democratic Party, but resigned in February 2012 and has served as a Director in Planning Ministry during the presidency of former President Maumoon Abdul Gayoom. He resigned from the post of Finance Minister after MDP militant activists assaulted him after meeting an opposition leader.
Alhan Fahmy was a Parliament member of the 17th People's Majlis sitting of Maldives representing the Addu Atoll Feydhoo Constituency representing the then, opposition party Dhivehi Rayyithunge Party under the leadership of former president Maumoon Abdul Gayyoom.
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Abdulla Jihad served as Vice President of Maldives from 22 June 2016 to 17 November 2018. Prior to his appointment on 22 June 2016, he served as the Minister of Finance.
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