The state has appointed a board of directors and an advisory committee to the National Investment Management Company, established earlier this month.
President Abdulla Yameen himself had appointed ministerial officials to said advisory committee. The committee consists of Economic Minister Mohamed Saeed, Fisheries Minister Mohamed Shainee, and minister of state Mohamed Luwaiz.
Mohamed Nizar, the president of Maldives’ privatization and corporatization board, revealed this in a post on Twitter.
Mohamed Jaleel, resident to a house in Galolhu ward of capital city Malé, has been appointed as chairperson of the recently established company.
Suhuraa Abdulla Fazeel has been made Managing Director, and Rushuhaa Ahmed Shareef and Aminath Nadhaa Hussein have been directors.
The President’s Office stablished the company to ‘understand the changes in the economy and to protect all investments in the Maldives’, on April 5th.
The company’s contributed capital adds up to MVR5 million with 500,000 shares worth MVR10 each.
