Dr. Mohamed Shafeeq

Dr. Mohamed Shafeeq served as the Minister of Finance for the Republic of Maldives, overseeing Fiscal policy, Budgeting, Treasury and Debt management. He played a significant role in the State Internal Audit function, the National Tender Board, and the formulation of State Procurement Policies. In addition, he also held the presidency of the National Pay Commission. Represented the Maldives as governor at international financial institutions, including the World Bank Group, ADB, ISDB, AIIB, and Common Fund for Commodities, focusing on technical and investment aspects of the government under the resource mobilization mandate.

Dr. Shafeeq held the position of Chief Financial Officer (CFO) at the Housing Development Finance Corporation Plc (HDFC). He is skilled in the areas of strategic planning, governance, taxation, budgeting, financial, credit and investment analysis, and special emphasis on corporate training.
Dr. Shafeeq is a fellow member of Association of Chartered Certified Accountants (ACCA UK) and Institute of Chartered Accountants of the Maldives, and he has a DBA, MBA, and BA (Hons.) in Accounting and Finance. He is a certified valuer and licensed Auditor and is versed with the Concepts of Islamic Accounting and Reporting. He has devoted more than two decades to academia, where he has served as a mentor and lecturer. As a registered mentor at Oxford Brookes University, UK., he has made a significant contribution to the Maldives' advancement of professional skills and academic excellence. Furthermore, he has provided business consultancy services to a range of projects which include renewable energy and Islamic Finance.

Other appointments

Currently, Dr. Shafeeq is serving as the Chief Executive Officer (CEO) of Maldives Industrial Development Free Zone.
He does not hold any shares in any company in the Maldives that has or will be perceived as a conflict of interest with HDFC Plc.