Former Minister Ahmed Zuhoor has been appointed as the Chairman of HDC.

Privatisation and Corporatisation Board said in a statement that his appointment was made on Tuesday.

Zuhoor served as Commissioner General of Customs, Youth Minister, Health Minister and Home Minister in former President Abdulla Yameen Abdul Gayoom's administration.

During his tenure as minister in the President's Office, he served as chair of the Economic Council of the President's Office.

Former Felidhoo MP Fazul Rasheed is the managing director of HDC. The company has eight members on the board, including the chairman of the board.