Maldives Stock Exchange elects new chairman

Alia Investments Pvt Ltd’s managing director Alau Ali has been appointed the new chairman of Maldives Stock Exchange (MSE).

In a statement released Sunday, MSE and Maldives Securities Depository (MSD) said their former chairman Mohamed Manih Ahmed resigned from his post on October 5. The managing director of Mookai Hotel and Summer Island, Manih still remains a member of MSE’s Board of Directors.