President Mohamed Nasheed has appointed Mohamed Shihab as the Minister of Finance and Treasury this morning, at a ceremony held at the President’s Office.

Mohamed Shihab previously held the post of Political Advisor at the President’s Office.

Speaking after the presentation of the Letter of Appointment to Mohamed Shihab, President Nasheed emphasised his confidence in Mohamed Shihab’s capability, in executing the financial and economic reform policies of the country.

Mohamed Shihab assured the President that he would put forth his utmost effort, in serving the position of Finance Minister.

Prior to the presentation of the Letter of Appointment, Mohamed Shihab took the oath of office of the members of the Cabinet before the Supreme Court Judge Abdulla Areef.