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A MIFCO shop. (Atoll Times File Photo)

PCB again announces recruitment of MIFCO chief

The first announcement was made in June but was canceled in July, citing a lack of qualified candidates.

6 hours ago

The Privatisation and Corporatisation Board (PCB) on Sunday announced the recruitment of a Chief Executive Officer (CEO) for the state-owned fisheries company, Maldives Industrial Fisheries Company (MIFCO).'

This marks the second time this year that MIFCO is seeking a CEO. The first announcement was made in June but was canceled in July, citing a lack of qualified candidates.

PCB is seeking a candidate with innovative and sustainable ideas for the fisheries sector. The deadline for applications is October 8, at 2 pm.

Interested candidates are required to submit their applications to [email protected] and [email protected].

The key requirements for the position include:

  • A Bachelor's degree and a Master's degree or equivalent in Business Administration, Management, or a related field

  • At least eight years of experience in managing a company involved in fish processing, export, and fish products

  • A minimum of four years of experience managing a similar company overseas

The position carries a salary range of USD 12,000 to USD 15,000 (MVR 184,320 to MVR 230,400).

The term of office is a minimum of four years, with the possibility of renewal based on annual performance evaluations.

The CEO position became vacant after the resignation of former Managing Director and CEO, Ahmed Shamah Rashid, in May.

Following his resignation, Shamah was appointed as the State Minister of Fisheries. He was previously suspended in March last year in connection with an investigation by the PCB, but the suspension was lifted after 37 days.

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