Maldives Pension Administration Office has dismissed its CEO John Grindal for breaching its code of conduct.
Pension Office’s PR Manager Aishath Fazna told Sun that the employment contract with Grindal was terminated on Tuesday.
Fazna said that the decision was made for breaching the office’s code of conduct, but did not provide specifics.
She, however, refuted rumors the decision was prompted by sexual harassment allegations.
Several local media outlets had reported in September that Grindal had been dismissed following complaints of sexual harassment. However, the Pension Office refuted the reports, and said that no sexual harassment complaints had been lodged against Grindal.
Grindal, a UK national with over 25 years of experience in the insurance and pension industry, was appointed CEO of Pension Office in December last year.
Prior to his appointment to Pension Office, he served as Interim Chief Actuary at Malta Financial Services Authority, as Senior Actuary at the Lloyds Banking Group, and CEO at Compre Group Malta.