HDFC appoints new Managing Director

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Housing Development Finance Corporation (HDFC) has appointed Ahmed Zeenad to lead the company as its new Managing Director.

Zeenad’s appointment was announced by HDFC on Wednesday, March 27, 2024.

Prior to his appointment, Zeenad had served as the Managing Director of SME Development Finance Corporation (SDFC) – a financial institution specializing in providing funding and technical support to establish small and medium enterprises.

Before this, he served as the Head of Government Loan Scheme at the Bank of Maldives (BML), and held various top positions at Maldives Finance Leasing Company (MFLC).

Zeenad holds a Masters in Finance from Curtin University, Australia.

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