Hamdhy appointed as president of PCB

Hamdhy Ageel.

President Dr. Mohamed Muizzu has appointed Hamdhy Ageel as the President of the Privatization and Corporatization Board (PCB).

The appointment was made on Wednesday, in accordance with the authority granted to the president under the Privatization, Corporatization, Monitoring, and Evaluation of Government Businesses Act.

Hamdhy graduated with a Master of Commerce from Australia's Curtin University.

He previously held the position of Managing Director at Maldives Road Corporation and also served as the Managing Director of Fuel Supply Maldives.

The latest appointment follows three more appointments to the PCB earlier Wednesday. Those are:

  • Ahmed Mushthag, Accounting and Finance Sector
  • Leena Abdul Jaleel, Banking Sector
  • Moosa Fathuhy Adam, Business Administration Sector

Appointments to the PCB require parliamentary approval.