Noorbaan Fahmy Appointed to Lead MSD and Drive Strategy at MSE

The Boards of Maldives Securities Depository (MSD) and Maldives Stock Exchange (MSE) have approved a strategic leadership restructuring as part of their long-term institutional and market developmen...

Mohamed Hilmy

04 February 2026, 05:00

Under the new structure, Noorbaan Fahmy has been appointed Chief Executive Officer and Managing Director of MSD, and Chief Strategy Officer of MSE, with effect from 1 January 2026. She has also been appointed to the Boards of both institutions in her respective executive capacities.

The restructuring is aimed at strengthening strategic ownership, enhancing governance frameworks, and reinforcing executive accountability as MSD and MSE move into their next phase of development.

The Boards noted that the new leadership arrangement reflects a continued commitment to building resilient, transparent, and efficient capital market institutions, aligned with international best practices and the evolving needs of the Maldivian financial sector.

Noorbaan Fahmy Appointed to Lead MSD and Drive Strategy at MSE

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