State Trading Organization (STO) has opened application for Board Director from the public shareholders.
STO stated that the company is now preparing to hold the annual meeting of 2014 as is stipulated in the Company Act’s article 45.
The company stated that according to their charter, a director should be elected from the public shareholders and six directors will be appointed from the government.
STO requests that all directors have academic qualification in business management.
STO stated that the conditions that the applicant should have is that he or she should be a Maldivian above 18 years of age and should be independent and meet the conditions stipulated by the Capital Market Development Authority’s Corporate Governance Code.
STO noted that the applicant should have academic qualification in business management or Finance or Law.
STO opens application for Board Director
