President Dr. Mohamed Muizzu has appointed Mohamed Anas as the new President of the Privatisation and Corporatisation Board (PCB), following the dismissal of Hamdhy Ageel from the position on February 13.
Anas was appointed under the Privatisation, Corporatisation, Monitoring, and Evaluation of Government Businesses Act, which grants the President the authority to appoint the head of the PCB. The board is responsible for overseeing state-owned enterprises (SOEs) and ensuring accountability and efficiency in government businesses.
Anas holds a Master of Business Administration (MBA) from the Maldives National University (MNU) and brings extensive experience in finance, governance, and public administration. Prior to this role, he has held several key positions, including:
- Deputy Minister of Finance and Planning
- Audit Manager at Housing Development Corporation (HDC)
- Associate Professor at Maldives Business School
His appointment comes at a time when the government is focused on improving the governance and performance of state-owned enterprises, ensuring greater financial discipline and transparency.
The PCB plays a crucial role in monitoring and evaluating SOEs, and Anas is expected to lead policy reforms and strategic oversight to enhance corporate governance in public enterprises.
