Several board members of 10 SOEs removed

3 months ago

Significant changes have been made to the directors' boards of multiple state-owned enterprises (SOEs) last Thursday. The Privatization and Corporatization Board (PCB), the watchdog of SOEs, made changes to the following corporations: Housing Development Finance Corporation (HDFC) Maldives Post Limited Addu International Airport Pvt Ltd Business Center Corporation (BCC) Police Welfare Corporation SME Development Finance Corporation Pvt Ltd (SDFC) TradeNet Maldives Corporation Limited Mohamed Rasheed (M. Hanifaru, Male') and