MTDC opens application opportunity for 5 board director seats

Maldives Tourism Development Corporation Public Limited (MTDC) has opened application opportunity for local stakeholders for 5 seats of its Board of Directors.
Applicants have to purchase at least 50 shares to become eligible to apply for a seat, according to MTDC. In addition, MTDC said applicants should have 5 years of work experience in the field of education, business or tourism management. The 5 directors would be selected by the Nomination and Remuneration Committee of the company under the Corporate Governance Code, according to information provided by MTDC. The names of the 5 directors would be unveiled to shareholders before the Annual General Meeting of the company this year.
MTDC was founded in 2006 aimed to bolster development of the nation and all branches of its community.