ICS Maldives Private Limited

ICS Maldives Private Limited, previously know as Insight Consultancy Services, was the first ever investment made by Mr Mohamed Ali, who is one of the Directors/Shareholders of FALIM Group Private Limited.

ICS Maldives website: www.ics.com.mv

ICS Maldives Private Limited is a subsidiary of FALIM Group Private Limited.

With a very humble beginning Insight Consultancy Services (ICS) was found in 1996 by Mohamed Ali, with him as the Chief Financial Consultant. Before establishing ICS, Mohamed Ali worked with several companies in the Maldives in the capacity of financial analyst, after receiving his Bachelor of Business Administration degree from the International Islamic University, Malaysia . His vision to promote financial management consultancy in the Maldives led to the establishment of ICS. Within just one year after the firm’s establishment, it progressed expeditiously increasing its circle of clientele.  In 1997, this success and the need for expansion led to the re-establishment of ICS as a partnership between the two brothers, Mohamed Ali and Ahmed Ali, as major shareholders.

This reform paved the road for ICS to mature and spread its wings in order to achieve its new objectives. Insight Consultancy Services is the first local firm specialised in the field of financial management consultancy in the Maldives .  ICS was re-established in 1997 and the range of services offered were expanded to cover almost all areas of business consultancy. The new service paradigm included retail and business management consultancy, in addition to financial management consultancy. With this change the slogan of ICS was also changed from “for all your financial management needs” to “for all your business management needs”  to reflect the new range of services offered.  Several new staff members were also appointed with this change to ensure that strategic positions in the firm are filled only by fully qualified staff with years of experience in the field.

Today ICS is a liability limited company with its majority shares held by FALIM Group Private Limited.