Institute for Corporate Directors & Secretaries

The Institute of Corporate Directors and Secretaries (ICDS), operated by Villa College in association with CMDA, aims to promote high standards of Corporate Governance among the companies in the Maldives. We also aim to develop professional practice of corporate directorship and company secretaries in line with international best practices.

ICDS acts as a focal point for directors and company secretaries, and provides orientation and training to its members. We also undertake research in matters affecting corporate directorship and company secretariats. Furthermore, in order to turn Corporate Governance into a social norm, awareness programmes are held in order to instil the importance of Corporate Governance within the corporate community through the promotion of Ethics, CSR & Research.


  • Promote high standards of corporate governance in the Maldives.
  • Promote high standards of business and ethical conduct of directors and company secretaries serving companies, state-owned enterprises and other organizations.
  • Organize conferences, seminars, workshops, training programs and networking events for its members.
  • Conduct research on topics related to corporate governance.


Admission Open