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H. Filigasdhoshuge, 4th Fl, Ameer Ahmed Magu

Board of Directors

Mr. Lars Petre


Mr Petre has 35 years of experience in the tourism and travel industry. His current business investments include Kuredu and Komandoo resorts in the Maldives, and Huil Illes, Northolme, Allamanda and Hamilton resorts in the Seychelles. He is also a shareholder and board member of Trans Maldivian Airways (TMA).

Ms. Ibthishama Ahmed Saeed

CEO and MD

Ms Ibthishama Ahmed Saeed is a proficient Management Strategist and efficiency expert currently working as Director of Business Development for Tree Top Hospital. She holds over a decade of hands-on experience in corporate banking environment, including Investment Appraisal, Project Financing, Relationship Management, Corporate Governance and Risk Management. She commenced her executive banking career at the Bank of Maldives serving as the Corporate Banking Director, and Associate Director for Investments. Thereafter she served as General Manager of Addu International Airport.
Ms Saeed also holds diploma in Directorship from Singapore Management University, and has represented as Board Director in the Bank of Maldives from 2015 up to 2019, during her tenure she also served as a member of Board Credit Committee and Appointment and Remuneration Committee. She was also the Chairperson of Maldives Tourism Development Corporation.
She holds Master of Arts in Marketing Communication from University of Westminster, United Kingdom and Bachelor of Commerce from Kerala University, India.

Dr. Ibrahim Vishan


Dr Vishan has an academic background in tourism and business economics, and studied for and completed his doctorate in the UK in 2013. Dr Vishan has also worked as manager of research and development within the Maldives Association of Tourism Industry (MATI), which represents over 70 resort businesses and tourism operators regarding policy, where he interacted extensively with the IMF, World Bank, Government Ministries, private sector businesses, NGOs and local communities, giving him an insight into stakeholder issues in the Maldives at various levels. Currently, Dr Vishan is the Managing Director of Champa Brothers.

Mr. Sunil Balakrishnan


Mr Balakrishnan is a Chartered Accountant by profession. He was the Accountant in Reethi Rah Resort before he joined KASA Holdings Pvt Ltd in 2000. Currently, He is the Chief Financial Officer of KASA Holdings.

Ms. Nadiya Hassan


Ms. Nadiya Hassan has several years of experience in the financial sector of the Maldives. Ms. Nadiya worked at the Ministry of Finance, Maldives Monetary Authority and held several leadership positions in Bank of Maldives (BML). She represented BML on the MFLC board and served as the Chairperson of the MFLC from 2004 to 2006. She also held the position of the Chief Executive Officer of the Capital Market Development Authority / Executive Director on the Board from (October 2016 to August 2019) She is a Chartered Banker (AICB) and holds a Master of Arts in Banking and Finance from Bangor University (UK).

Mr. C M Abeysekera


Mr Abeysekera was a banker and has over 40 years of commercial banking experience under his belt. Prior to his appointment as the CEO and MD of MFLC, Mr Abeysekera was the Assistant General Manager-Corporate Banking and International Banking of Commercial Bank of Ceylon Plc (CBC), Sri Lanka. During his tenure with CBC, he was responsible to the Corporate Management in respect of portfolio management of large local corporate borrowers. He was also assigned to supervise 18 branches of CBC in Bangladesh. Mr Abeysekera was also in charge of CBC loan portfolio in the Maldives since 1999. Mr Abeysekera holds a Diploma in Bank Management from Bankers Institute of Sri Lanka and is an Associate of the Institute of Bankers of Sri Lanka.