STO invites to run for Board of Directors

State Trading Organisation (STO) has invited candidates interested in running for its Directorship, to send in their applications.

STO said in an announcement that candidates who have education and experience in the field of business were welcome to apply for the post, to represent public shareholders in the Board of Directors, for 2015.

Applicants should be above the age of 18, reads the announcement, and persons who have gone through bankruptcy, been in debt, violated the law, or been prosecuted over the past five years are not qualified for this role.

Applicants should also be shareholders, be familiar with laws related to the stock market and companies, and should not have held or be holding a post in a subsidiary, joint venture, or associate company of STO, the company said in its announcement.

The deadline for sending the application form is 3 February 2015.

The STO Board of Directors is made up of one public shareholder representative, and six government representatives.