01Shimad

Shimad Ibrahim

Senior Partner, Finance

CIMA qualified Chartered Accountant with more than 15 years of professional experience working with renowned institutions.

shimad@sandalawyers.com

+960 7771535

Overview

Shimad leads our financial advisory and asset management department. He is a CIMA (UK) qualified Chartered Accountant with over 15 years of professional experience working with renowned multilateral and commercial financial institutions and banks. He has served in a number of boards of public, state owned and private companies in various industries and has chaired the audit committees for the majority of these companies. 

Prior to joining S&A, Shimad worked at Villa Group, one of the largest privately-owned conglomerate in the Maldives with interests in tourism, infrastructure, trading, aviation, fisheries, education etc., as Head of Finance & Tax

Education, Professional Affiliations and Memberships

Bachelor of Accounting (Hons.), International Islamic University Malaysia, Malaysia
Advanced Diploma in Management Accounting, CIMA, UK
Chartered Management Accountant, CIMA UK
Chartered Global Management Accountant, AICPA, USA and CIMA

Member, Chartered Institute of Management Accountants (UK)
Member, American Institute of Certified Public Accountants
Chairman of Audit and Risk Committee, State Trading Organization plc.
Director of the Board, S&A Tax and Financial Services
Director of the Board, Pistona Pvt. Ltd.
Director of the Board, Lisa Maldives Pvt. Ltd. 

Notable Experience
  • Chief Financial Officer at Villa Shipping and Trading Co. (Mar 2016 – Mar 2019)
  • Executive Director, Finance and Tax at Villa Shipping and Trading Co. (Nov 2009 to Mar 2016)
  • Head of Finance at Maldives Islamic Bank (Nov 2010 to Sept 2011) 
  • Chief Finance Executive at Ministry of Finance & Treasury (Mar 2007 to Nov 2009) 
  • Assistant Undersecretary at Ministry of Finance & Treasury (Dec 2003 to Mar 2007)
  • Director of the Board, Maldives Islamic Bank (2014 – 2017) 
  • Director of the Board, Maldives Energy Authority (2012 – 2019)
  • Chairman of Audit Committee, Maldives Tourism Development Corporation PLC (2011 – 2012) 
  • Chairman of Audit Committee, Thilafushi Corporation Limited (2011 – 2012) 
  • Director of the Board, Upper South Utilities Limited (2009 – 2010) 
  • Former member of National Debt Management Committee.
Practice Area

  • Tax Advisory Services