CMDA CEO Mohamed Hussain Maniku retires after distinguished career

He began his senior career as Managing Director of STO, where he contributed to advancing national enterprises and supporting broader economic development.

Mohamed Hilmy

01 May 2026, 06:40

Mohamed Hussain Maniku, Chief Executive Officer of the Capital Market Development Authority (CMDA), has retired following a long and distinguished career in public service and national development.

Maniku’s career spans several decades, during which he held key leadership roles across state institutions and played a significant part in shaping the Maldives’ economic and financial landscape.

He began his senior career as Managing Director of State Trading Organization Plc (STO), where he contributed to advancing national enterprises and supporting broader economic development.

He later served as Ambassador of the Maldives to the United States and went on to become the founding Chief Executive Officer of the Maldives Pension Administration Office, where he played a pivotal role in establishing and strengthening long-term financial systems in the country.

Maniku subsequently led CMDA as CEO, contributing to the development of the Maldives’ capital market and strengthening regulatory oversight within the financial sector.

As he concludes his tenure, tributes have highlighted his invaluable service and lasting contributions to the nation, recognizing his role in building key institutions and frameworks that continue to support the country’s economic growth.

CMDA CEO Mohamed Hussain Maniku retires after distinguished career

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