Sun Siyam Group has announced the promotion of Ahmed Rasheed to Group Director of Finance, marking a significant milestone in the company's leadership and commitment to nurturing Maldivian talent. With over 15 years of service at Sun Siyam, Rasheed's career has seen a steady rise through various finance roles, culminating in this historic appointment.
Rasheed's tenure at Sun Siyam has been marked by his pivotal role in enhancing the group's financial governance, including consolidated International Financial Reporting Standards (IFRS) reporting and internal controls. His experience extends to public sector audits with the Maldives Ministry of Finance and Treasury, equipping him with a robust foundation in compliance and risk management.
In his new role, Rasheed will provide strategic financial leadership across Sun Siyam Group. His responsibilities will encompass group-wide financial planning, treasury management, risk and tax oversight, and supporting investment and expansion initiatives. He will work closely with senior management and resort General Managers to drive financial performance and operational efficiencies.
Ahmed Siyam Mohamed, Chairman and Managing Director of Sun Siyam Group, commented on the appointment: "Rasheed has grown with Sun Siyam, reflecting the strength of our people and our commitment to nurturing Maldivian leadership. He brings clarity, discipline, and long-term thinking to our financial strategy."
Founded by Ahmed Siyam Mohamed, Sun Siyam Group is a leading Maldivian tourism and hospitality enterprise with a diversified portfolio. The group operates across the Maldives and Sri Lanka, with global representation, and remains committed to Maldivian heritage and community. Rasheed's appointment underscores the group's ongoing investment in local leadership as it continues to expand its hospitality ventures
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