President appoints executives to CMDA, MQA

Former Financial Controller at the Finance Ministry Ahmed Assad has been appointed to the post of Chairman of the Capital Market Development Authority (CMDA).

Assad was appointed by President Mohamed Nasheed earlier today. He is a brother of Housing Minister Mohamed Aslam.

Assad served as the State Minister for Finance and Treasury before accepting the post of Financial Controller on April 8 this year. He resigned from this position in November for undisclosed reasons.

In a letter accepting Assad’s resignation, President Nasheed thanked him for his support in drafting the ruling Maldivian Democratic Party’s (MDP) manifesto, Haveeru reports.

The President also appointed today Dr. Abdul Muhsin Mohamed as the Chief Executive Officer at the Maldives Qualification Authority (MQA). The MQA oversees and issues professional credentials in the Maldives.