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

Hamdhy was appointed as the President of the PCB, by President Dr. Mohamed Muizzu, in accordance with the authority granted to him by the Privatization, Corporatization, Monitoring, and Evaluation of Government Businesses Act,

President Dr. Muizzu appointed Hamdhy as the President of the PCB, on Wednesday, during a special ceremony held at the President's Office.

Hamdhy Ageel 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.

President Dr. Muizzu also appointed three members to the PCB on Wednesday. They were; Ahmed Mushthag, Leena Abdul Jaleel, and Moosa Fathuhy.