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Creating opportunities for better homes, health, employment and education services in the Maldives.

About HDC

The Board


The board of HDC consists of 11 members.

Mohamed Jaish Ibrahim

Chairman

Mr. Mohamed Jaish Ibrahim was appointed as the Chairman of HDC on 8th August 2020. He holds an MBA in International Business specializing in projects, and earned a first class honors in Bachelor’s degree in Interior Architecture.

Mr Jaish has spent 20 years working for the tourism and the aviation sector of the Maldives. Currently he is involved in a hospitality investment portfolio based out of Hong Kong and on time-share vacation models in the Indian sub-continent region. He has acquired board level experience in a number of listed companies including Bank of Maldives (BML), Maldives National Chamber of Commerce and Central Utilities. Furthermore, he has been serving as a Board Member for Maldives Stock Exchange and Maldives Stock Depository to date.

His professional journey entails positions in renowned Corporations from Maldives Airports Company Ltd (MACL), where he has served 12 years, inevitably achieving the position of Head of Projects, Operation and Facilities, to Ministry of Defence and National Security. During his tenure in the Ministry of Defence and National Security, he has worked in various development related projects catering to national level interests and managed the overall developmental project of the Presidential retreat. Adding to the list of noteworthy moments of his career, he has developed, maintained and delivered consultancy for the International and Domestic airport planning and development across Maldives.

He has been instrumental and actively involved in tourism based real estate by developing various resorts projects, with a hands-on approach from inception of the project, to completion and eventual sale, throughout the Maldives.

A versatile, innovative and loyal professional aware of the big picture whilst attending to the details, he is recognized for his consistent success in developing the processes and procedures in enhancing revenue performance.


Suhail Ahmed

Board Director / Managing Director

Mr. Suhail Ahmed was appointed as the Managing Director on 30 December 2018. Mr. Suhail has a long history at HDC in which he has played a vital role in bringing transformative changes to the company and the city of Hulhumalé.

His work at the company commenced from the initial start-up over 15 years ago. He has served at various posts from Director of Planning and Estate, to Deputy Managing Director and Managing Director of HDC from 2012 until his departure in 2015.

During his previous tenure at the company as Managing Director, he played the key lead role in the commencement of Hulhumalé Phase II reclamation, formulation and development of Hulhumalé Phase II Master Plan and in creating opportunities for real estate investment for local companies to flourish in the city.

His former experiences include 15 years of service in the government in architectural ventures, construction and project management. Most recently, his work was in the private sector, where he successfully executed the construction of the world’s first undersea villa at Conrad Maldives.

Mr. Suhail is a well-established manager in the field of real-estate development and well known for his passion and innovative ideas in the field. He holds a Bachelors of Science (honors) in Building Management from Coventry University in United Kingdom.


Ahmed Athif

Board Director / Deputy Managing Director

Mr. Ahmed Athif was appointed as the Deputy Managing Director of HDC on the 6th of March 2019. He holds a Bachelor’s Degree (honors) in Accounting from University of Hertfordshire in Malaysia.

With over 10 years of experience in his field, Mr. Athif has worked in the private sector, as well as the public sector including Bank of Maldives and Maldives Monetary Authority.

Further adding to his professional competency, Mr. Athif has been actively working in consultancy and Advisory and special interest on Entrepreneurship development. He worked as registered Auditor and Tax agent in private practice before his appointment to current position.


Shathir Abdul Rahman

Board Director / Chief Operating Officer

Mr. Shathir Abdul Rahman initially began his career as island chief of Dh. Gemendhoo in the year 1995. Since then, he has acquired prominent positions within the government sector including position of Dh. Atoll Councilor, State Secretary of the central province and most notably, his tenure as Deputy Minister at the Ministry of Home Affairs. Mr. Shathir is also experienced in the private sector, having held the prominent role of Legal Director at AAA & Trading Company Pvt Ltd for a period of 6 years.

Mr. Shathir was appointed as the Chief Operating Officer of Housing Development Corporation on November 2020. Prior to his appointment, he was the Deputy Managing Director of Greater Malé Industrial Zone Ltd.


Hassan Muneer

Board Director

Mr. Muneer was appointed as a Board of Director at HDC on 19th July 2018.

He initially started his career as a technician at PhotoTechnic 23 years ago, and has acquired professional training in photography and printing machine maintenance in Singapore during this time. Beginning his entrepreneurship with a small print shop, he was the first to introduce high quality printers and photocopy machines through his company Copier Plus, and has since managed to singlehandedly revolutionize office automation in the Maldives.

Possessing great expertise in management and innovative skills, Mr. Muneer has also served as a Board Member for the National Aviation Company for 6 years.


Ibrahim Afraath

Board Director

Mr. Afraath started his professional career as a Graphic Designer at an early age. Following his education, his ambitious drive and dedication has moved him up the professional ranks over the years.

He served as a member of the Elections Committee for 6 years and has held managerial roles within both the government and private sectors including the post of Marketing and PR Manager at Maldives Getaways Pvt Ltd as well as a Board of Director at Gulhifalhu Investment Ltd.

Mr. Afraath was appointed as a Board Director at HDC on 11th February 2019 and has over 15 years of experience in the field of Marketing Management and Design.


Abdulla Rameez

Board Director

Mr. Abdulla Rameez was appointed as a board member of Housing Development Corporation (HDC) on the 10th March 2019. Mr. Abdulla holds a Bachelor of Civil Engineering (HONS) from the Infrastructure University College in Kuala Lumpur and a Diploma in Building Construction from Maldives College of Higher Education.

During his previous tenure at the company, he has been involved in many major projects in the Hulhumalé masterplan, including the largest housing project in the Country.

In his professional experience, he has secured positions in various posts from Manager, Structural Engineer in Maldives Airports Company Limited, and Managing Director at Adept Maldives Pvt Ltd.

His vast experience ranges from designing, construction engineering and project management. Additionally, he has acquired a number of certificates within his field, accomplishing an active role in the development of Maldives.


Abdul Munnim Mohamed Manik

Board Director

Mr. Munnim specializes in Finance and Management Accounting and has over a decade of experience in developing financial feasibility for various businesses and developing accounting systems, preparation of accounts, auditing of financial statements, developing Internal control procedures and also financial and business consultancy. He holds a Master of business administration in finance and is an associate member of Chartered Institute of Management Accountants (CIMA, UK).

Initially starting his career at Department of Inland Revenue in 2001 and he is currently Deputy Vice Rector -Admin and Finance and Chief Finance Officer of Villa College. He has represented non-executive board director and Chair-Person of Audit and Risk Committee of Greater Male’ Industrial Zone Limited. In addition to his professional career, Mr. Munnim has over 15 years of Teaching, Lecturing and Training experience in the areas of Finance, Management accounting, Financial Accounting and Taxation for both undergraduate, post graduate level and Professional Accountancy Programs.


Mohamed Jalal

Board Director

Mr. Mohamed Jalal is an entrepreneur and a businessman who has conceptualized and developed various businesses in a variety of key areas including tourism, medical equipment and trade. His capacity to identify gaps and opportunities in the market has enabled him to create and develop successful new businesses.

Currently serving as the operational head of nams pvt ltd which specializes in foodservice supply and world class chemical & House hold cleaning products, He is also the Managing Director for Naadu Pvt Limited, specializing in the supply of medical diagnostic equipment and consumables, Mr. Jalal brings a dynamic force to the company. Naadu has quickly developed into one of the leading suppliers in the country of much needed, technically advanced systems to better the healthcare in the Maldives. Implementing groundbreaking systems from global companies such as Sarstedt, Henry Schein, Nihon Kohden, Hemonetics and Baxter, has ensure Naadu is well ahead of its competitors in terms of service and professionalism. Prior to that, he also pioneered two ventures, Pro Synergy Medical Systems Pvt Ltd and Pro Pharma Maldives Pvt Ltd which supports large and medium scale hospitals and health centers by providing comprehensive medical laboratory necessities.


Mariyam Shawadin Abdulla

Board Director

Ms. Mariyam Shawadhin Abdulla obtained her Master of Laws in International Banking and Finance from University College London (UCL). Prior to her postgraduate studies, she read law at the University of Manchester. She is best known for her experience with multi-source debt financing of large scale projects and debt transactions, drafting laws, regulations, procedures and general commercial law matters.

Currently serving as a legal consultant for Ministry of Finance, Shawadhin is a partner at Fidelis Law Group LLP and has served a lecturer for Bachelor of Laws programmes.


Abdulla Miad

Board Director

Mr. Abdulla Miad Holds a Bachelor of Economics awarded by Australian National University ACT, Australia. Starting his career in 2001, he has worked as a part time lecturer teaching AAT & business studies at faculty of management and computing (MNU), worked in the Tender Section of Finance Ministry from 2007 to 2008 and led managerial positions in a number of diverse businesses over the years. Notably, Fuel Supplies Maldives and Southern Utilities limited. He has also served as a board of director at southern utilities limited and Greater Male’ Industrial Zone limited.