Aishath Sajny Resigns from Bank of Maldives Board Amid Leadership Turmoil
Aishath Sajny, one of the government’s representatives on the Board of Directors of the Bank of Maldives (BML), has resigned…
Nazim Urges Oversight on Foreign Executives in State-Owned Companies
Deputy Speaker of Parliament Ahmed Nazim raised concerns on Monday over the role of foreign executives in state-owned companies during…
PCB Directs State-Owned Companies to Cut Costs Amid Economic Challenges
The Privatisation and Corporatisation Board (PCB) has issued a directive to state-owned companies, urging them to implement stringent cost-cutting measures…
BML Deputy CEO Aishath Noordeen Removed from Board
Aishath Noordeen, Deputy CEO of Bank of Maldives (BML), has been dismissed from the bank’s board of directors after 42…
MIFCO’s CEO Search Fails to Attract Qualified Candidates
The Privatisation and Corporatisation Board (PCB) has cancelled the job announcement for the position of CEO at Maldives Industrial Fisheries…
PCB Removes CEO From Fisheries SOE
The Privatization and Corporatization Board (PCB) has removed Ahmed Shamah Rasheed from his position as Chief Executive Officer (CEO) of…
PCB Urges Standardised Criteria in Maintaining, Disclosing SOE Financial Information
To ensure consistency, comparability and transparency in the reporting of financial information of state owned enterprises (SOEs), the Privatization and…
PCB Abruptly Removes Five Solih-Era Appointees From BML Board
Five appointees by the previous administration to the board of the Bank of Maldives (BML), including the current chairman, had…
Mughnee Withdrawn From PCB Consideration, Will Serve Elsewhere: Khaleel
Hassan Mughnee has been withdrawn from consideration for the Privatization and Corporatization Board (PCB). Minister at the President’s Office for…
Fahmy Appointed STELCO MD
Hussain Fahmy has been appointed Managing Director (MD) at State Electric Company (STELCO). Fahmy first joined STELCO in 1998 as…
