President appoints Ageel as president of PCB, Mughnee as member

President Dr. Mohamed Muizzu has on Wednesday appointed Hamdhy Ageel as the President of the Privatization and Corporatization Board.

The appointment was made in accordance with the authority granted to him by Law No. 3/2013 (Privatization, Corporatization, Monitoring, and Evaluation of Government Businesses Act),

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. Mohamed Muizzu also appointed Hassan Mughnee as a member of the Privatization and Corporatization Board.

Hassan Mughnee holds a Master of Business Administration with a major in International Business (Finance & Economics) from Massachusetts, USA, Brandeis International Business School.

His previous roles include serving as Minister of State for Environment, Climate Change, and Technology, as well as holding the position of Managing Director at the State Electric Company (STELCO).