Shareholders interested in applying for board membership will have to submit their applications by April 8. Candidates can apply through email addressed to the STO secretariat or through the online portal.
State Trading Organization (STO) has opened applications for the post of director who will represent ordinary shareholders on its board of directors for the next one year.
According to the company's regulations, only one member can be on the board on behalf of ordinary shareholders. STO's board has six government-appointed directors.
Only locals over the age of 30 who have shares in STO can apply for the post. The company encourages shareholders with appropriate education and experience in business and management to apply for the position. The company has asked as many women as possible to show interest in board membership and contest the elections.
Shareholders interested in applying for board membership will have to submit their applications by April 8. Candidates can apply through email addressed to the STO secretariat or through the online portal.
Candidates who meet the eligibility criteria for board membership will be interviewed by the company's nomination and remuneration committee under STO's 'Board Candidacy Guidelines'. The names of the shareholders selected through this interview will be submitted at the AGM.
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