Saruvash and Majeed appointed to Pension Office board

Two individuals have been appointed as board members representing the private sector at the Maldives Pension Administration Office (MPAO).

The two new appointees are Ahmed Saruvash Adam who has previously served as the Chief Financial Budget Executive at the Finance Ministry and Abdul Majeed Ali who has previously served as a board member.

Saruvash resigned from his post as the Chief Financial Budget Executive at the Finance Ministry in February of last year. At that time, he was also serving as the head of the Fiscal Affairs Department. Prior to that, he had served as the Chairperson of Maldives Inland Revenue Authority (MIRA).

Majeed served as an MPAO board member back in 2022. He has also worked at the Bank of Ceylon. 

MPAO board is comprised of eight members. Apart from Saruvash and Majeed, the present board members are as follows:

Dr. Ahmed Inaz – Chairman

Shifaza Wajeeh – Representing social security constituency 

Fatimath Abdulla Kamaluddin – Representing securities market regulator 

Ashraf Rasheed – Representing Finance Ministry 

Mizna Mohamed – Representing the private sector

Members are appointed for a three-year term. Thus, their term will expire three years from the date of appointment.