HRC's Janah appointed to central bank directors' board

Maldives central bank on Sunday appointed renowned business tycoon Mohamed Ali Janah as one of the two private sector representatives of its director's board.

General Manager of Happy Market Ali Ihusaan was named as the other private sector representative of the Maldives Monetary Authority (MMA) board of directors.

Janah is the chairman of Hotels and Resort Construction (HRC), a leading construction firm in the Maldives which has led a number of top-tier resort projects in the archipelago.

He had also served as the president of the Maldives Association of Construction Industry (MACI) for many years.

Governor Ahmed Naseer, deputy governor Aishath Zahira, assistant governor Idham Hussain and finance ministry director Abdul Haleem Abdul Ghafoor are the other members of the six member board.