Bank of Maldives appoints first female chairperson

The Bank of Maldives has appointed Fareeha Shareef as the first female chairperson of the national bank.

The bank’s board of directors decided to appoint Fareeha at a meeting on Thursday. The post had been vacant since last year.

According to the bank, Fareeha is a founder and former managing partner (2010 to 2014) of FJS Associates LLP where she currently holds the position of senior partner.

“She is also a director at FJS Consulting Pvt Ltd and has been an independent consultant of Adam Smith International since 2012,” the bank said in a press release.

She also served six years as a board member of the Maldives Pension Administration Office

“Ms Fareeha has professional experience in various fields such as auditing, accountancy, financial management and governance. In addition, she has vast experience in financial modelling, including banking, Micro Small and Medium Enterprises (MSME) and socioeconomic research in Maldives and in the international arena,” the press release continued.

“Ms Fareeha is a Fellow Member of CPA (Certified Public Accountants, UK) and ACCA (The Association of Chartered Certified Accountants, UK) and a member of the Institute of International Auditors and Certified Fraud Examiners. She holds a Master of Management Studies (First Class) degree from the University of Waikato, New Zealand.”