The position of Director representing the private sector on the Board of the Maldives Pension Administration Office has been opened for applications.

The Pension Office has announced that two vacant board seats representing the private sector will be filled through a selection process conducted under the established rules for board appointments.

A selection committee will shortlist three candidates, after which the Capital Market Development Authority (CMDA) will verify eligibility before final submission. The final appointment will be made by the President.

Applicants must be at least 35 years old, hold a bachelor’s degree in business, economics or law, and have a minimum of five years of professional experience, preferably in the pension or investment sector.

Candidates must not be employed in the public sector or in any government-owned company where the state holds more than 50 percent shares.

Applications must be submitted via Google Form along with the required documents before Thursday at 14:00. The terms of reference outlining responsibilities and evaluation criteria have also been published.

Established in 2009, the Pension Office manages pension schemes in the Maldives and is governed by an eight-member board.