Privatisation and Corporatisation Board

President sends PCB appointees names for parliamentary approval

  • The President's Office forwarded the names for parliamentary approval, on Wednesday

K. Male' 2019 Nov 13 | Wed 15:34 local 1,840

People's Majlis - Presidents Office

President Ibrahim Mohamed Solih has forwarded the names of seven individuals to be appointed to the Privatisation and Corporatisation Board (PCB), for parliamentary approval.

The names were forwarded on Wednesday.

The seven names are, Hassan Waheed, Asim Mohamed, Aishath Shazly, Rushaha Ahmed Shareef, Ali Shafeeu, Ali Shujau and Ahmed Shareef Yoosuf.

While President Solih made the appointments back in September the Privatisation and Corporatization Act states that the parliament's approval must be sought before members are appointed to the board.

PCB's President Mohamed Nizar resigned in August this year.

The PCB is a seven-member board tasked with monitoring public enterprises, public corporations and companies with government shares. It also oversees the privatization of public enterprises and the Public Enterprises Monitoring and Evaluation Division plays the role of the Secretariat of PCB.

The board was established under the ‘Law of privatisation, corporatisation, monitoring and Evaluation of Government businesses.’

Last updated at: 3 months ago | Reviewed by: Aman Haleem

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