Fazeel Najeeb is former governor of the

Maldives Monetary Authority The Maldives Monetary Authority (MMA) is the central bank of the republic of Maldives and was established on July 1, 1981, under the mandate provided by the "MMA Act" of 1981, located in the capital city of Malé. The current governor and chairp ...

(2008-2013) where he is also the Chairman of the Board of Directors. A native of Fuvahmulah, Fazeel is also the Governor of Maldives to the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...

, and the current Chairman of SAARC Finance, a network of Central Banks in South Asia. He began his public service in 1987 at the Ministry of Trade and Industry. He also had his own consulting firm, before taking up his doctoral studies in London. He assumed office at

in 2008. Fazeel holds a PhD in Commercial Law (Intellectual Property), an LLM in International Business Law, and a BA Honours degree in Economics. He acquired education from the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

. After assuming the office of the Governor of MMA, in 2009 Fazeel introduced the first prudential regulations for banks in the Maldives – a set of 11 prudential regulations. In the same year he also proposed to the government, the first banking act of Maldives and introduced the first ever monetary policy framework and operations at the Central Bank, and, simultaneously introduced the auctioning of treasury bills.

References

Governors of Maldives Monetary Authority Maldivian economists Living people Year of birth missing (living people) {{Maldives-bio-stub