New CEO appointed to Pension Administration Office

Maldives Pension Administration Office has announced the appointment of John Grindall as its new Chief Executive Officer.

The appointment was announced by the Maldives Pension Administration Office in a statement on Thursday afternoon.

According to Maldives Pension Administration Office, Grindall has over 25 years of experience in the insurance and pension industry, including in executive positions in the United Kingdom and Malta.

He previously served as Interim Chief Actuary at Malta Financial Services Authority, as Senior Actuary at the Lloyds Banking Group, and CEO at Compre Group Malta.

He is also an expert in defined contribution/defined benefit funding, demographics and longevity, and investment risk modelling for pension provision.

Maldives Pension Administration Office opened application for the position of CEO June 25.

Maldives Pension Administration Office was established under the Maldives Pension Act which was enacted in 2009.

Fareeha Shareef served as Acting CEO until October 2009, prior to the appointment of Mohamed Hussain as the CEO.

Mohamed Hussain served as CEO from 2009 to 2020.

He had served as Managing Director of State Trading Organization (STO), in executive positions at the Department of Finance (now Ministry of Finance), and as the Maldivian Ambassador to the United States prior to his appointment as CEO of Maldives Pension Administration Office.