- 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
- Annual General Meeting 2019
- 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.
Mr. Najib Khan is the Chief Executive Officer (“CEO”) of Ooredoo Maldives, effective from 4th April 2017, having joined the Ooredoo Group in November 2014 as a Senior Director in the Commercial Division. He took over the leadership of the Company’s management team as it moved into public life and brought 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 the Chief Financial Officer (“CFO”) of Ooredoo Maldives effective from 3rd December 2017.
Mr. Thavabalan brings with him over 25 years of international experience in various finance roles based in Qatar, Myanmar and Malaysia. His finance experience spans across various multinational groups in the Telecom, IT, Banking, Oil & Gas and Manufacturing industries, of which approximately 17 years was spent within the Telecommunications industry. He joined the Ooredoo Group in 2008 and held the role of Director Finance & Taxation before moving to Ooredoo Myanmar as Financial Controller of a greenfield operations 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 the Chief Technology Officer of Ooredoo Maldives since 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 26 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 a Master’s in Business Administration in Operations Management. He has also completed post-graduate education in Marketing Management. He successfully completed the Leadership Development Program from the Indian School of Business, Lead Auditor of Quality Systems from Cranfield University, UK and an Executive Leadership Program from PDI Sweden.
Mr. Balaji Srinivasan has served as the Chief Commercial Officer of Ooredoo Maldives from 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 and is currently pursuing his Post Graduation in Business Management from the Narsee Monjee Institute of Manangement Studies, India.
Mr. Mohamed Shahid joined Ooredoo Maldives in August 2008, and currently holds the position of Director - Human Resources and Administration. Prior to joining Ooredoo Maldives, Mr. Shahid worked at the Coast Guard of the Maldives National Defense Force for 14 years, where he held key roles and responsibilities in managing the Operations Department, Training and HR Department.
Mr. Shahid holds a Master of Business Administration 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 the National University of Singapore.
Mr. Hussain Zareer joined Ooredoo Maldives in May 2005, and currently serves as Director Finance. Mr. Zareer has more than 20 years of experience in Financial Management in different sectors and over 12 years’ experience in the telecommunications sector, having held key positions such as Acting Operations Controller and Financial Controller of Ooredoo Maldives. Prior to joining the Telecom industry, Mr. Zareer worked in the Public Sector and Tourism Sector for more than 8 years.
Mr. Zareer holds an Advanced Diploma in Management Accounting and is an Associate Member of the Institute of Financial Accountants, United Kingdom and the Institute of Public Accountants, Australia.
Mr. Hussain Niyaz joined Ooredoo Maldives in April 2005, and currently serves as Head of Sales.
Mr. Niyaz has over 13 years of experience in the telecommunications sector. He began his journey with Ooredoo Maldives 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 Maldives, Mr. Niyaz worked for 12 years at the Maldives National Defence 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. Shabeen Ali joined Ooredoo Maldives in May 2005, and currently serves as Director Network IT Planning.
Mr. Shabeen has over 20 years of work experience in the Technology field which includes 13 years in the Telecom sector. He began his journey with Ooredoo Maldives as a technician progressing to senior positions such as Head of Operations, Head of Planning and Operations.
Prior to joining Ooredoo Maldives, Mr. Shabeen worked at the Maldives National Defense Force ("MNDF") for 13 years in communication, electronics and information technology services.
Mr. Shabeen holds an Executive Masters in Telecom Management and has completed a Leadership Development Program at CCL, Singapore.
Mr. Prasanna Uchil currently serves as Head of Strategy & PMO of the Company having joined in Sept 2017. Mr. Uchil has over 17 years of experience in the telecom space in various capacities, leading teams in a matrix setup overlapping Project Management, Strategy, Business Development & Marketing. He has previously worked at companies such as TATA Communications, Reliance Infocomm and Global Cloud Xchange.
Mr Uchil holds a Masters Degree in Management Studies and Bachelors of Engineering from Mumbai University.
|Dividend per Share||MVR 2.75 per share||MVR 3.20 per share|
|Profit After Tax||MVR 491,336,000||MVR 580,427,000|
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.