Mr. Ugas Sheikh Mohamed was appointed to be the Chairperson of the Board of Directors of Capital Markets Authority, for a period of three years, with effect from the 24 February 2023.

Mr. Mohamed has 27 years experience in strategic management, leadership and as a development specialist. He has worked with Fortune 500, blue chip companies in the USA such as Microsoft, Verizon Communications at various levels of management. He has worked in the Information, Communication and Technology sector at executive, engineering, senior project management, and consultant levels. He is a humanitarian and social justice advocate for the underprivileged.  He is a founding member and chairman of board of global non-profit based in the USA. He is currently in private business practice, as well as serving as a board of directors and trustee of several private businesses, non-profits, and endowments. 

Mr. Mohamed is a holder of a Bachelor of Science degree in Information Systems from the University of Phoenix, and Master of Business Administration (MBA) from the University of Dallas, Texas. He holds high level certifications from Microsoft, HP storage SAN systems, ITL, Compaq, VMware cloud computing, Virtualization, and a PMP.

He previously served as a board member at the ICT Authority for 3 years and as a Board of Governor and Council Member at KTTC for 6 years.