Invitation for submission of proposals to provide Custodian Services of Maldives Retirement Pension Scheme Assets

28 March 2022

Ref No: 216-MPAO-CA/IUL/2022/22

Request for Proposal (RFP)

Maldives Pension Act (Act Number: 8/2009) requires the Pension Office to appoint a custodian to safe keep the invested Pension Assets. 

In this regard, Maldives Pension Administration Office (Pension Office) invites licensed financial institutions to submit proposals for providing custodian services for Maldives Retirement Pension Scheme (MRPS) assets for a period of 1 year from 1st July 2022 to 30th June 2023.

Interested parties are requested to submit Technical and Financial proposals separately in sealed envelopes latest by 1200 hours, 18th May 2022 (Wednesday), to the following address:

Maldives Pension Administration Office

8th Floor, Allied Building

Chaandhanee Magu

Male’, Maldives

The Request for Proposal (RFP) is uploaded to the Gazette with this announcement and  published on the website of the Pension Office (