Former Vice President Abdulla Jihad has been appointed as the Chairperson of Maldives International Finance Service Authority (MIFSA).
MIFSA is being formed by President Dr Mohamed Muizzu to establish a development bank in the Maldives.
In a post on social media X, Minister of Economic Development and Trade Mohamed Saeed announced that President Muizzu had compiled the governing board of MIFSA.
He expressed confidence that Jihad would fulfil the President's aspirations of bringing about major economic transformation to the country.
Pres Dr @MMuizzu has formed the GB of Maldives International Financial Services Authority & appointed Hon Jihad as the Chairperson. I congratulate Hon Jihad on his appointment. Confident that the collective efforts will fulfill Pres Muizzu’s vision to transform financial sector. pic.twitter.com/WEAUcH4cag— Mohamed Saeed (@em_saeed) April 30, 2024
Prior to serving as Vice President to former President Abdulla Yameen, Jihad served as Minister of Finance.