- Board of Directors
- Senior Management
- Major Shareholdings
- Financial Statements & Highlights
- Memorandum of Association
- Articles of Association
- Corporate Governance
- Annual General Meeting 2017
- Annual General Meeting 2018
- Press Release
Ooredoo Maldives Plc. (“Ooredoo Maldives”, “OMPL”, or the “Company”) provides a wide range of innovative voice and data services tailored to the growing needs of today’s consumers and businesses. Guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential, Ooredoo Maldives has transformed the telecommunications industry for the people of the Maldives.
The Company launched its operations in the Maldives on August 01, 2005 as Wataniya Telecom Maldives Private Limited, a subsidiary of National Mobile Telecommunications Company K.S.C.P (“NMTC”). The Company is the second licensee to be issued with a mobile telecommunications service provider license in the Maldives. As part of the rebranding strategy carried out by the Ooredoo Group, the Company changed its name to Ooredoo Maldives Private Limited on December 22, 2013. The Company changed its legal status to that of a public limited company on October 06, 2016 and was accordingly re-registered as Ooredoo Maldives Public Limited Company.
The Company is part of the Ooredoo Group, an international telecommunications service provider with a customer base of over 138 Million spread across 10 countries as at December 31, 2016. The “Ooredoo” brand has been valued at USD 3.1 Billion and recognized amongst the world’s top fifty most valuable telecommunications brand by the leading intangible asset valuation consultancy, Brand Finance, in their “Telecoms 500 2017” report published on February 27, 2017.
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Mr. Najib Khan is the newly appointed CEO of OMPL, effective from April 2017, having joined the Ooredoo Group in November 2014 as a Senior Director in the Commercial Division. He takes over the leadership of the OMPL management team as the Company moves into public life and brings a rich experience of over 25 years in the telecoms sector and worked as a CXO for nearly 9 years in various departments of Bharti Airtel Limited in India. Mr. Khan has significant experience in managing B2B, Wholesale and B2C commercial activities with an impressive skill set spanning operations, Product P&L Management and Business Development.
Mr. Khan has a Bachelor of Science in Industrial Electronics Engineering from Mumbai University.
Mr. Thavabalan Poobalasingam currently serves as CFO of OMPL effective from 3rd December 2017.
Mr. Thavabalan started off his career in Finance in 1992 and has since taken up various roles in sectors such as IT, Banking, Oil & Gas, Manufacturing and has 17 years of experience in Telecom. He joined Ooredoo Group in 2008 and held the role of Director Finance & Taxation before moving to Ooredoo Myanmar as Financial Controller in 2013, his last role prior to assuming the current role as CFO of Ooredoo Maldives.
Mr. Thavabalan is a member of the Association of Chartered Certified Accountants (ACCA), UK.
Mr. M. S. Tanwar has served as CTO of the Company from July 2016 onwards. Prior to that, he worked with Ericsson, Nokia and Tata in India, Africa and Europe serving large telecommunications companies such as Airtel India, Airtel Africa, H3 Ireland, Open Eir Ireland and Vodafone India. With over 25 years of experience in telecommunications services, he possesses vast knowledge and rich experience in R&D, network engineering, projects, operations and business development.
Mr. Tanwar holds a Bachelor’s Degree in Electronics and Communications Engineering and an MBA in Operations Management. He has also completed post-graduate education in Marketing Management, Leadership Development Program from ISB, Lead Auditor of Quality Systems from Cranfield University UK and an Executive Leadership Program from PDI Sweden.
Mr. Balaji Srinivasan currently serves as Chief Commercial Officer of the Company having joined in November 2015. Mr. Srinivasan has over 23 years of commercial experience. He has held leadership positions in companies such as IDEA Cellular Limited and Essar Telecom Kenya Limited. He has also held roles and responsibilities as Director Marketing and Customer Experience, handling all telecom marketing verticals and customer service delivery in addition to Mobile Money and Enterprise Solutions for Essar Telecom Kenya Limited.
Prior to his current appointment, he held the post of Vice President, Marketing at IDEA Cellular Limited. Mr. Srinivasan holds a Bachelor of Commerce Degree from Madras University.
Mr. Mohamed Shahid joined the Company in August 2008, and currently holds the position of Director - Human Resources and Administration. Prior to Joining the Company, Mr. Shahid worked at the Maldives National Defense Force (“MNDF”) Coast Guard for 14 years, where he held key roles and responsibilities in managing the Operations department, Training and HR department.
Mr. Shahid holds an MBA with a major in Entrepreneurship. In addition to this, he has undergone training in various areas of HR, covering Performance Management and Succession Management from UNI Strategic Singapore, Compensation and Reward Management, Job Evaluation Analysis and Design from IIR Dubai, and Strategic Human Resource Management from National University of Singapore.
Ms. Gulnaz Mahir joined the Company in April 2005. She currently holds the position of Head of Customer Care. She has over 8 years of experience in the telecommunications field and held various senior roles within OMPL.
Ms. Mahir started her career at OMPL in the Finance division where she led the accounts receivable team.
She then moved to Commercial and held positions such as Head of Data and VAS products. She holds a BA Honours and a Master’s Degree in Economics and Finance. She has also undergone numerous development programs and has gained international exposure in her field, via the Ooredoo Group Mobility program.
Mr. Hussain Niyaz joined the Company in April 2005, and currently serves as Head of Sales.
Mr. Niyaz has over 23 years of experience in the telecommunications sector. He began his journey with the Company as an RNE Technician, progressing onto senior roles such as Manager - Network Planning and Optimization, Head of Networks, Head of Sales, and Director Sales & Distribution.
Prior to joining Ooredoo, Mr. Niyaz worked for 12 years at the Maldives National Defense Force in the Communication, Electronics and IT department.
Mr .Niyaz holds an Executive Masters in Telecom Management and in addition has completed training on Electronics and Communications at Fort Gordon - United States Army and Leadership Development Training from Centre for Creative Leadership, Singapore.
Mr.Hussain Zareer joined the company in May 2005, and currently serves as Director Finance of OMPL.
Mr.Zareer has more than 20 years' experience in Financial Management different sectors and over 10 years' experience in the Telecommunication sector, where he has held key positions such as Acting Operations Controller and Financial Controller of the company.
Prior to joining Telecom industry, Zareer worked in the Public Sector and Tourism Sector for more than 8 years.
Zareer holds an Advance Diploma in Management Accounting and is an Associate member of IFA – UK and IPA – Australia.
|Dividend per Share||MVR 2.75 per share|
|Profit After Tax||MVR 491,336,000|
Ooredoo Maldives ensures material compliance with the requirements of the Corporate Governance Code developed by the Capital Market Development Authority (CMDA) of Maldives. In addition, the Company is committed to achieve and promote high standards of accountability and corporate conduct. In this regard, the Company follows international best practices and has established corporate governance practices internally to enhance corporate performance.