Issuers
Dhivehi Raajjeyge Gulhun Plc
Dhivehi Raajjeyge Gulhun Public Limited (Dhiraagu) was established in 1988 as the country’s sole telecommunication service provider in the Maldives. The two substantial shareholders of Dhiraagu are, BTC Islands Limited (Beyon) holding 52% of the shares, and the Government of the Maldives holding 41.8% of the shares. The remaining 6.2% of shares are held by the general public of the Maldives.
Dhiraagu caters to over half a million customers, and employ 99% trained qualified Maldivians present in 9 strategically located operating centers across the country. Our core strengths are in our leading network and our people. We continue to harness these strengths to secure new opportunities in emerging digital areas.
Over three decades of excellence and a proven record of success, we continue to lead the market, holding a superior market position on high value segments such as mobile, enterprise and fixed broadband.
Board Members
Ismail Waheed
Chairperson
Ahmed Abdulrahman
Deputy Chairperson
Ismail Rasheed
Chief Executive Officer & Managing Director
Ahmed Mohamed Didi
Director
Reem Altajer
Director
Mikkel Vinter
Director
Faisal Al-Jalahma
Director
Fathimath Fazeela
Director
Abdul Munnim Mohamed Manik
Director
Board Committees
Audit Committee
3 Members
Composition & Membership
In compliance with the Corporate Governance Code (CG Code) of Capital Market Development Authority (CMDA) of Maldives and Dhiraagu Corporate Governance Code, the Audit Committee of the Board is composed of 3 members. The members of the committee are all Non-Executive and Independent Directors.
Terms of Reference
The Committee is responsible for monitoring and advising the Board on matters relating to financial reporting, risk management, compliance, external audit, internal control, internal audit and matters that may significantly impact the financial condition or affairs of our business.
The Committee is responsible for monitoring and advising the Board on matters relating to financial reporting, risk management, compliance, external audit, internal control, internal audit and matters that may significantly impact the financial condition or affairs of our business.
Members of the committee
Ahmed Abdulrahman
Ahmed Mohamed Didi
Fathimath Fazeela
Remuneration, Nomination and Governance (RNG) Committee
3 Members
Composition & Membership
The Remuneration, Nomination and Governance (RNG) Committee of the Board is composed of 3 members, who are non-executive and independent Directors. The RNG Committee was reconstituted in August 2013 to combine the functions of remuneration, nomination and governance. This is to facilitate effective and efficient discharge of duties as most members were in both Remuneration, Nomination Committee and the Governance Committee.
Terms of Reference
The main responsibility of the RNG Committee is to assist the Board if formulating remuneration policies, framework for nominating the public Director and monitoring the performance of our corporate governance framework and compliance with relevant regulations.
The main responsibility of the RNG Committee is to assist the Board if formulating remuneration policies, framework for nominating the public Director and monitoring the performance of our corporate governance framework and compliance with relevant regulations.
Members of the committee
Ismail Waheed
Mikkel Vinter
