Executive Director Nizam replaces Amru as STO MD, temporarily
The order to sack Amru was sent to the Privatization and Corporatization Board of Maldives by President Ibrahim Mohamed Solih on Sunday
STO MD Hussain Amru
Executive Director and Chief Financial Officer of State Trading Organization Mohamed Nizam has officially replaced Hussain Amru as the Managing Director of STO.
In a Twitter post not long after the government ordered the dismissal of STO’s MD Amru, the company announced that Amru has been removed from his position effective Sunday.
With this, Executive Director Nizam will be temporarily assuming the responsibilities of STO’s MD.
The order to sack Amru was sent to the Privatization and Corporatization Board of Maldives by President Ibrahim Mohamed Solih on Sunday.
RaajjeMV confirmed the decision from the President’s Office, with Spokesperson at the President’s Office, Miuvan Mohamed revealing that the government will always be making periodic alterations and changes to the management and functioning of state institutions and companies.
The decision to dismiss Amru, who served as the MD and CEO of STO before his recent removal, is one of these changes, according to Miuvan.
With these changes to STO’s management, made by the government, Amru has been sacked from these two posts and as a member of the company’s board.
The decision to sack Amru comes at a time he has been openly vocal against President Solih, who is running for this year’s presidential election through the main-ruling Maldivian Democratic Party (MDP).
Many have been calling for the immediate removal of anti-governmental officials working at senior positions of government offices and state institutions.
