Mohamed Ishan Appointed Head of MMA Financial Intelligence Unit

The Maldives Monetary Authority has appointed Mohamed Ishan as the new Head of its Financial Intelligence Unit, the specialized body responsible for coordinating national efforts to combat money laundering and the financing of terrorism.

The appointment took effect today. Prior to assuming the role, Ishan served as Head of Finance at the central bank. According to the Maldives Monetary Authority, he was selected following a competitive internal recruitment process that included interviews conducted among eligible staff within the institution.

Ishan is a Chartered Accountant and brings extensive professional credentials to the position. He is an Associate Member of the Chartered Institute of Management Accountants in the United Kingdom and an Affiliate Member of the Institute of Chartered Accountants of the Maldives.

Since joining the Maldives Monetary Authority in 2014, Ishan has held several senior leadership positions within the institution. These include Head of the Corporate Accounts Section and Head of the Financial Controls Division, where he was responsible for overseeing key aspects of the Authority’s financial management and internal operational controls.

The Financial Intelligence Unit operates as a statutory body established within the Maldives Monetary Authority under the Prevention of Money Laundering and Financing of Terrorism Act.

Under the law, the Governor of the Maldives Monetary Authority holds the authority to appoint and dismiss the Head of the Financial Intelligence Unit. Ishan’s appointment places him in charge of leading the unit’s work in strengthening financial intelligence oversight within the country’s financial system.