Committees

Board Committees

Audit & Risk Committee

The responsibility of the Audit & Risk Committee is to oversee financial reporting, internal controls and risk management functions of CMDA.

Composition:

  1. Mr. Ahmed Mujthaba (Chairman, non-executive board member)
  2. Mr. Rifaath Jaleel (Member, Non-executive board member)
  3. Mr. Abdul Majeed Ali (Member, Non-executive board member)

Advisory Councils

Capital Market Shariáh Advisory Council (CMSAC)

The responsibility of the Capital Market Sharia Advisory Council (CMSAC) is to advise the CMDA Board on Shariáh matters. 

Composition:

  1. Dr. Aishath Muneeza - (May 2017 – May 2020)
  2. Dr. Abdul Sattar Abdul Rahman - (May 2017 – May 2020)
  3. Uza. Samiya Zakariya - (Oct 2014 - Oct 2017)
  4. Uza. Mariyam Shabana - (May 2017 – May 2020)
  5. Sh. Izzadeen Adunaan - (May 2017 – May 2020)

 

Management Committees

Senior Executive Committee

The responsibility of the Senior Executive Committee (SEC) is to advise the Chief Executive Officer on all operational matters of CMDA.


Composition
:

  1. Ms. Nadiya Hassan (Chief Executive Officer)
  2. Mr. Makhzoom Saleem (Director General, Head of Legal & Regulations Department)
  3. Mr. Ibrahim Saleem (Director General, Head of Listed Company Affairs)
  4. Ms. Aminath Mohamed Didi (Director General, Head of CMDA Institutes)
  5. Mr. Muznee Mohamed (Director General, Head of Pension Supervision Department)
  6. Ms. Fathimath Abdullah Kamaludeen (Director General, Head of Market Development Department)
  7. Mr, Abdullah Zakariyya (Head of Education, Training Department)
  8. Ms. Aishath Liyusha (Head of Corporate Services)
  9. Ms. Noorbaan Fahmy (Legal Counsel)
IPO Committee

The responsibility of the IPO Committee is to carry forward the registration process of prospectuses as per the relevant laws & regulations.


Composition
:

  1. Ms. Nadiya Hassan (Chief Executive Officer)
  2. Mr. MakhzoomSaleem (Director General, Head of Legal & Regulations Department)
  3. Mr. Ibrahim Saleem (Director General, Head of Listed Company Affairs)
  4. Mr. Muznee Mohamed (Director General, Head of Pension Supervision Department)
  5. Ms. Fathimath Abdullah Kamaludeen (Director General, Head of Market Development Department)
  6. Ms. Noorbaan Fahmy (Legal Counsel)
  7. Mr. Ali Samah (Board Secretary)
  8. Mr. Muslih Mohamed Ismail (Assistant Manager, Legal & Regulation Department)
Enforcement Committee

The responsibility of the Enforcement Committee is to undertake enforcement of laws & regulations as per the Enforcement & Appeal Procedure of CMDA.


Composition
:

  1. Ms. Nadiya Hassan (Chief Executive Officer)
  2. Mr. MakhzoomSaleem (Director General, Head of Legal & Regulations Department)
  3. Mr. Ibrahim Saleem (Director General, Head of Listed Company Affairs)
  4. Mr. Muznee Mohamed (Director General, Head of Pension Supervision Department)
  5. Ms. Fathimath Abdullah Kamaludeen (Director General, Head of Market Development Department)
  6. Ms. Noorbaan Fahmy (Legal Counsel)
HR Committee

The responsibility of the HR Committee is to oversee HR planning and development activities of CMDA.


Composition
:

  1. Ms. Nadiya Hassan (Chief Executive Officer)
  2. Ms. Aishath Liyusha (Head of Corporate Services)
  3. Ms. Aminath Mohamed Didi (Director General &, Head of CMDA Institutes)
  4. Mr. Makhzoom Saleem (Director General &, Head of Legal & Regulations Department)
  5. Mr. Ibrahim Saleem (Director General &, Head of Listed Company Affairs)
  6. Mr. Muznee Mohamed (Director General &, Head of Pension Supervision Department)
  7. Ms. Fathimath Abdullah Kamaludeen (Director General &, Head of Market Development Department)
Bid Evaluation Committee
The responsibility of the Bid Evaluation Committee is to undertake the procurement processes of CMDA according to the relevant laws & regulations.

Composition:

  1. Ms. Aishath Liyusha (Head of Corporate Services)
  2. Ms. Aishath Ibrahim (Finance In-charge)
  3. Mr. Abdullah Zakariyya (Head of Education & Training Department)
  4. Mr. Makhzoom Saleem (Head of Legal & Regulation Department)
  5. Ms. Azma (IT In-charge)

* All committees are permanent committees.