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Mughnee Withdrawn From PCB Consideration, Will Serve Elsewhere: Khaleel
Hassan Mughnee has been withdrawn from consideration for the Privatization and Corporatization Board (PCB).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...
Mughnee Named Board Member, Ageel to Head PCB
President Mohamed Muizzu has appointed Hamdhy Ageel as the new President of the Privatization and Corporatization Board (PCB). Ageel graduated...
President Appoints Members to PCB
President Mohamed Muizzu on Wednesday appointed three members to fill vacancies at the Privatization and Corporatization Board (PCB). The members...
PCB Status Might Handicap Muizzu’s SOE Appointments
The new administration will need to make appointments to the Privitization and Corporatization Board (PCB) before appointments can be made...
Urbanco to Seek Advice From PCB, Parliament on ACC Directive
Urbanco will seek the advice of the Privatization and Corporatization Board (PCB) and the State-Owned Enterprise (SOE) Committee of the...
PCB Revises Transitional Advisory to SOEs
The Privatization and Corporatization Board (PCB) has revised its advisory to state-owned enterprises (SOEs), cautioning them against initiating new projects...