Male’, Maldives – State Trading Organization (STO) opens applications for the position of board director representing the public shareholders.
The application is deadline is 14 April 2021, and the requirements have been gazetted.
According to the bylaws of the company, the board of directors consist of six members representing the state as majority shareholder and one member representing the public shareholders.
STO prefers that the people elected for the Board of Directors to have adequate qualification in business and management education, as well experiences in the field.
Candidates’ applications are evaluated and interviewed by the committee and a report is handed to the Board of Directors, who share the information with general shareholders.
The position of board director representing the public shareholders is elected through a vote at the STO Annual General Meeting (AGM).