The company said that the decision yesterday, stating that it was part of an ongoing effort to strengthen its management.
Three senior officials of the state-owned Maldives Industrial Fisheries Company (MIFCO) have been dismissed from their positions as general managers.
The company said that the decision yesterday, stating that it was part of an ongoing effort to strengthen its management.
The move follows a performance review conducted under the reform agenda initiated by President Dr Mohamed Muizzu.
According to MIFCO, the agenda, launched last year, focuses on ensuring accountability and improving governance within the company.
President Muizzu has previously emphasized his commitment to eliminating long-standing corruption within MIFCO. As part of this effort, he appointed a foreign CEO to lead the company.
In December, Swiss national Dr Vitaly Lubimov was appointed as the new CEO of MIFCO. Dr Vitaly is a specialist in strategic crisis management with over 20 years of experience.
MIFCO, which is fully state-owned, was established to enhance profitability in the fisheries sector, ensuring sustainable growth and development.
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