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Maldives swaps chairmen of STO, MTCC

Fathmath Shaahunaz
07 December 2016, MVT 13:08
Ahmed Niyaz, former Chairman of STO, now Chairman of MTCC. MIHAARU PHOTO
Fathmath Shaahunaz
07 December 2016, MVT 13:08

The Maldives government exchanged the chairmen of State Trading Organisation (STO) and Maldives Transport and Contracting Company (MTCC) on Tuesday.

The Privatisation Board appointed STO’s Chairman Ahmed Niyaz to the same post of MTCC, while MTCC’s Chairman Hussain Salim has been transferred to STO.

The Privatisation Board occasionally shuffles the chairmen of state run companies on the request of the president.

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