The People’s Majlis has unanimously approved the appointment of former Minister of Finance Ahmed Munawar as the Governor of the Maldives Monetary Authority (MMA).

The decision was made during a session on Tuesday, with all 78 members present voting in favor.

The appointment follows the Public Accounts Committee’s approval of Munawar as Governor yesterdy, which was given after an interview process in which committee members awarded him an average score of 94.73 percent.

The committee then endorsed the President’s recommendation to appoint him to the role.

President Dr. Mohamed Muizzu had recommended Munawar’s appointment under Article 6 (III) of the Maldives Monetary Authority Act, following the removal of former Governor Ali Hashim.

Hashim was dismissed from his position on July 22nd, after Deputy Speaker of Parliament and Dhiggaru MP Ahmed Nazim moved for his removal, citing Hashim’s failure to fulfill his responsibilities adequately.

Munawar’s nomination was referred to the Finance Committee for further consideration and opened for public comment.

The Finance Committee subsequently endorsed his appointment.

Ahmed Munawar, who previously served as Minister of Finance, currently holds the position of Advisor to the Minister of Finance.

His career also includes serving as a state minister from 2014 to 2016.

The unanimous parliamentary approval marks a new chapter for the Maldives Monetary Authority under Munawar’s leadership.