Board of
Directors.

Ahmed Fayaz is a dynamic entrepreneur with over 25 years of
industry experience in the Maldives. As the Managing Director of
Fedo Pvt Ltd, Fayaz has been instrumental in shaping the company’s
strategic direction and driving its transformation into one of the
leading construction firms in the country. His visionary leadership has
positioned Fedo as a trusted name in the development of high-impact
infrastructure projects characterized by contemporary visual aesthetics,
meticulous planning, and effective project management. Fayaz’s
entrepreneurial journey began at an early age, where he honed his
business acumen through hands-on experience and a commitment
to continuous learning. These foundational years cultivated a
deep understanding of the local business landscape, which he has
since translated into actionable strategies for Fedo’s growth and
diversification.

Under his stewardship, Fedo has expanded its portfolio beyond
construction to include hospitality, real estate, and trade—
demonstrating his ability to identify opportunities and adapt to
evolving market dynamics. His forward-thinking approach has led to
sustained revenue growth and business expansion, enabling Fedo to
thrive in a competitive environment. Fayaz enabled Fedo to establish
prudential business practices, effective governance, and strategic
stakeholder engagement. He continues to lead Fedo’s operational
efforts in alignment with long-term strategic objectives, ensuring the
company remains agile, accountable, and resilient in the face of industry
challenges.

A leader driven by vision and grounded in experience, Ahmed Fayaz
has been contributing the Maldivian business community, involving
meaningfully to the country’s development through innovation,
integrity, and entrepreneurial excellence.

Ali Wasiu is a versatile entrepreneur and Executive Director of Fedo Pvt
Ltd. With extensive experience in the construction and infrastructure
sector, Wasiu has cultivated a strong foundation in project management,
overseeing logistics, finance, and administrative operations with precision
and strategic foresight. This was pivotal for its success and expansion as
Fedo came into inception with a humble begining. As a co-founder of
Fedo, he has been a driving force behind the company's success, playing
an active role in guiding its evolution from a modest venture into one of
the country’s most reputable and trusted names in construction.

Wasiu is deeply committed to strengthening the company's financial
resilience and risk management. At Fedo, he effectively contributed
to the implementation of prudential practices, promoted compliance
with financial regulations, and maintained close engagement with
financial institutions and regulatory bodies to ensure transparency and
accountability. Wasiu plays a key role in fostering successful supplier
relationships both local and international, to create competitive value to
Fedo to attain its competetive strengths His leadership fosters a corporate
culture grounded in integrity, efficiency, and long-term value creation.

Before entering the construction industry, Wasiu began his professional
career at the National Security Service (now the Maldives National Defence
Force), where he developed a strong sense of discipline, integrity, and
professionalism. These formative experiences continue to influence his
approach to leadership, business ethics, and strategic thinking which he
contributes to Fedo in developing a professional team.

Wasiu remains a central figure in Fedo’s ongoing growth and success,
bringing vision, resilience, and dedication to every project and initiative
the company undertakes.