Prasanna Nagahawatte, CEO, Chemlab
When it comes to steering a business towards success, the role of a CEO is paramount, as they are tasked with providing leadership, strategic direction, and vision to the organization. Playing a multifaceted role, encompassing decision-making, resource allocation, stakeholder management, and ensuring operational efficiency, a CEO possesses a blend of qualities such as strong communication skills, strategic thinking, adaptability, and a deep understanding of the industry in which the company operates. Right from acting as the driving force behind the implementation of business strategies and achievement of overarching goals, to fostering a culture of innovation, motivating employees, and cultivating a strong organizational structure, CEOs serve as the face of the company, representing its values and interests to external stakeholders including investors, customers, and regulatory bodies.
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By: Sujith Vasudevan, Managing Editor
January 4th, 2024, was a grim day for the Maldives’ tourism industry. It all started when Indian Prime Minister Narendra Modi posted on Social Media praising the beauty of India’s beaches in Lakshadweep. The posts immediately sparked
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Top 10 CEOs in Maldives - 2024
The beautiful island nation in the Indian Ocean is the small island with limited resources. Even though it looks less interesting with these fat s, the country’s tourism sector is growing and this has the potential to make country a potential business hub. Tourism and hospitality are the two primary sectors where business opportunities exist. Hotels, resorts, restaurants, travel and recreational services are the most foreign businesses n the country. With this flourishing sector, country have produced a cadre of business leaders whose endeavours have not only shaped the local economy but also garnered international recognition. These visionary individuals have demonstrated resilience, adaptability, and a commitment to sustainable development.
"Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business"
In a country where tourism forms the basics of economy, there has been a number of luxurious and eco-friendly resorts flourishing as business but Maldivian nationality has welcome and blended technology beautifully and has diversified economy into e-commerce, fintech, and digital services. Other philanthropic projects in Maldives such as education, healthcare, and community development are also contributing to the economy and growth of Maldives economy. Today Maldivian nationality are spread across the world managing c-Suit positions in many multinational and huge companies.
CEO Insights Asia in this issue presents a list of ‘Top 10 CEOs in Maldives - 2024' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 CEOs in Maldives - 2024" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
 |
Hussain Faail, CEO | Starlight Maldives Travel & Tours | Tourism expert using his expertise to provide first-hand knowledge of resorts to the most demanding travellers, skilled in hotel management, tourism and resorts |
 |
Ibrahim Naeem, Group CEO & Managing Director | Silver Spoon | Steering the company's growth, demonstrating his strategic vision and leadership in expanding the company’s footprint in Maldives’ competitive hospitality and food services sector |
 |
Ibthishama saeed, CEO & MD | Maldives Finance & Leasing Company | Experienced leader with a demonstrated history of working in the banking and finance, aviation industry, skilled in corporate finance and risk and negotiation, budgeting, operations management and customer service |
 |
Ikram Hassan, CEO | FI-ES Systems | Specializing in software development and ERP solutions, also skilled in business performance enhancement, business analysis services and ERP system implementation |
 |
Mahesh Ghimire, Founder & CEO | TMT Maldives | Offer customized holiday packages for the exotic island resorts and hotels in maldives, with expertise in tourism and resorts |
 |
Mohamed Wajeeh Ibrahim, CEO | Maldives Ports | A pioneering leader with rich academic background with extensive in-depth knowledge of different aspects of management and administration, more |
 |
Moosa Aswan, CEO | Personal Computers | Committed to provide top notch services to the clients in today’s competitive world of information technology and exceeding their expectations |
 |
Prasanna Nagahawatte, CEO | Chemlab | An exemplar of effective leadership steering the company towards sustainable growth and success, has been instrumental in guiding the firm with a keen understanding of the chemical industry and a strategic mindset |
 |
Sonu Shivdasani, Founder & CEO | Soneva | Offering holistic encounters in luxurious and inspiring environments from world class resorts to outstanding natural locations |
 |
Sujatha Haleem, CEO | Pension Office | Engaged at the forefront of initiatives to strengthen the social security system in the Maldives, with a focus on introducing a modern and sustainable pension system |
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