Mr. Ali Wasif was appointed to the Board of the Bank as an Executive Director in 2019. He joined MIB as a Planning and Development Officer in January 2011. Prior to joining MIB, he worked with Maldives Monetary Authority in Banking, Payment and Settlement Division with significant involvement in projects including, Maldives RTGS System and ACH system. He has been the Head of Finance and Accounts of MIB since September 2011 and currently serves as the Chief Financial Officer of the Bank.

Mr. Wasif’s professional expertise and knowledge has been instrumental in matters of the Islamic Finance industry. Furthermore, he has played a key role in the introduction of the first shariah compliant treasury instruments in Maldives.

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Mr Ali Wasif

Executive Director / Chief Financial Officer (CFO)


Mr. Wasif holds a Bachelor’s degree in Accounting from Multimedia University, Malaysia and is an affiliate member of ACCA. He also has a Masters in Islamic Finance under the program Masters in Islamic Finance Practice (MIFP) from the International Centre for Islamic Finance (INCIEF).