Tue, 22 Apr 2025

|

DHIVEHI

STO seeks director from general shareholders

28 Feb 2025

|

Raneen Ahmed

Photo: Coralglass Market

The State Trading Organisation (STO) has invited applications for the position of Director representing general shareholders on its Board of Directors.

In a notice issued by the company, STO stated that interested candidates must submit their applications by 4:00 p.m. on March 21, 2025. Applicants are required to complete the official Application Form for the Board Director and follow the submission guidelines outlined by the company.

The selection process will involve an evaluation and interview of applicants, after which a report will be submitted to the Board of Directors. The final candidate will be elected through a vote among shareholders at the Annual General Meeting (AGM).

As per STO’s governance framework, one director is elected from general shareholders, while six directors are appointed by the Government.

Comments