Malay Maniar, CA CS, is an experienced finance professional currently serving as Treasury Manager at the Investment and Development Office (IDO) in Ras Al Khaimah since May 2020. Responsibilities include managing the central treasury function for the Government of Ras Al Khaimah, overseeing banking relationships, debt issuance, cash and liquidity management, and treasury reporting. Prior to this role, Malay held positions such as Assistant Manager Finance at Phoenix Agrifoods, where treasury management and finance operations were key responsibilities, and Manager of Corporate Finance at Nirma Limited, managing significant working capital. Additional experience includes roles at John Energy Limited, RRS & Associates, and J J Chaudhary and Co., spanning auditing and financial consulting. Educational background includes master's degrees in Chartered Accountancy and Company Secretaryship from recognized institutions in India, complemented by a bachelor's degree in Finance and Accounts from Gujarat University.
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Investment and Development Office (IDO) - Ras Al Khaimah
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The Investment and Development Office (IDO) is the investment arm of the Government of Ras Al Khaimah. It was established by Emiri Decree in 2004 and is a pillar of the Emirate of Ras Al Khaimah’s development and prosperity. The IDO is guided by a set of core values, that drive our day-to-day decision making and investment approach. In line with these, we believe that we have an overarching commitment to the welfare of our community. As an active investor, with a long-term investment horizon, our focus is to achieve sustainable returns from our portfolio and support the broad development of the Emirate. Our portfolio spans a wide range of sectors, with both listed and non-listed investments. We have also played, and continue to play, a key role in enabling the Government of Ras Al Khaimah to maintain an overall credit rating in the ‘A’ range by Fitch Ratings and S&P Global Ratings for over a decade.