Mohamed Hussain Maniku, who has served the state for more than 40 years and held senior positions across various government institutions, has retired.
At the time of his retirement, Maniku was serving as the Chief Executive Officer of the Capital Market Development Authority (CMDA). In addition to his role at CMDA, he also held various positions within the government’s financial sector and served on the boards of several state-owned enterprises.
In a post issued by CMDA following his retirement, the authority expressed gratitude for his contributions as CEO. CMDA noted that under Maniku’s leadership, significant progress had been made in developing the capital market and strengthening a transparent and resilient financial system.
Maniku was appointed as CEO of CMDA in 2021. The authority stated that his leadership played a key role in enhancing its mandate and advancing financial sector development.
Maniku began his public service career at the Ministry of Finance, working in the World Bank, Asian Development Bank (ADB), and IMF unit established there at the time. After completing his higher education at the American University of Beirut in Lebanon, he returned to the Ministry of Finance. He later served as Deputy Director of the Foreign-Funded Projects Implementation Division (FPID), before being appointed Managing Director of State Trading Organisation (STO) in 1993, where he served until 2008. During this period, he also served on the boards of various state-owned companies.
He later became the CEO of the newly established Pension Office in 2009. Maniku played a leading role in establishing the modern pension system currently in place, serving in that position until 2019.
Maniku had also previously served as the Maldives’ Ambassador to the United States.