Fenaka's 3 board directors dismissed
The Privatisation and Corporatisation Board (PCB) has informed Fenaka of the dismissal of the three.
Three members of the board of directors of the Fenaka Corporation, including chairman Ahmed Shaheer, have been dismissed.
Removed from the utility company's board on Thursday are:
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Shaheer
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Ahmed Ehab
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Ibrahim Naaif
The Privatisation and Corporatisation Board (PCB) has informed Fenaka of the dismissal of the three.
However, the reason for the dismissal of the three is unknown.
Shaheer, who was previously the Managing Director of STO in the government of President Abdulla Yameen, was appointed chairman of Fenaka in February.
Shaheer held various positions in STO from 1994 to 2018, including senior general manager and manager for procurement foreign trade.
