Fayaz Mansoor has been appointed Deputy Managing Director (DMD) of the Housing Development Corporation (HDC).

His appointment to the post is now displayed on the HDC website.

Fayaz is the first DMD of HDC under the administration of President Dr. Mohamed Muizzu who assumed office in November 2023.

Ahmed Gais was the DMD of HDC during the administration of former President Ibrahim Mohamed Solih.

The appointment comes days after the resignation of former Managing Director (MD) of HDC Fazul Rasheed following allegations of corruption among the HDC's top management.

Mauroof Jameel was appointed the new MD of the company.