President Ibrahim Mohamed Solih has appointed Ahmed Saeed Mohamed as the Managing Director of Fenaka Corporation Limited. The appointment was announced by President of Privatisation and Corporatisation Board (PCB) Mohamed Nizar.
The position had been vacant since the resignation of Mohamed La’maan, who resigned when Ibrahim Mohamed Solih won a landslide victory in the presidential election held on September 23.
Although it has been one month since the new administration took office, some state-owned enterprises are still operating without a full board of directors.
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