The People’s Majlis has granted approval for the appointment of Zaina Abdulla to the Privatization and Corporatization Board (PCB) as a member representing the banking sector.
During today's parliamentary session, Zaina received 47 votes in favor of her appointment, while 10 members voted against.
Zaina, who has been appointed to the PCB, is currently employed at the Maldives Islamic Bank (MIB).
Under the Law on Privatization, Corporatization, Monitoring, and Evaluation of State-owned Enterprises, members of the PCB are appointed by the President.
The PCB is the regulatory body responsible for strengthening the governance of state-owned enterprises (SOEs), as well as the legal authority for the appointment and dismissal of members to the boards of these companies.
