Male’, Maldives – Maldives Pension Administration Office (MPAO) on Thursday, has appointed John Grindall as it’s new Chief Executive Officer (CEO).
Being the first foreign CEO of MPAO, Grindall has over 25 years of experience in the field of insurance and pension. He formerly served as the Interim Chief Actuary at Malta Financial Services Authority, the Senior Actuary at the Lloyds Banking Group, and as the Chief Operating Officer at Compre Group Malta.
MPAO highlighted that Grindall was also an expert in areas including Defined Contribution or Defined Benefit funding, demographics and longevity, and investment risk modelling for pensions provision. Grindall was appointed following the retirement of Mohamed Hussain Manik, who had served as MPAO’s CEO since the office was established following the ratification of the Maldives Pension Act in May 2009.
Manik, who had also served as the Managing Director of State Trading Organisation (STO) for several years, retired from MPAO last December. Following Manik’s retirement, Fathimath Sujatha Haleem has been overseeing the running of MPAO as the acting CEO until Grindall’s appointment who is to serve for a term of three years.