3 new DMDs, 5 more posts at MTCC
The company's MD is Abdullah Ziyadh.
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By
Ahmed Naaif
Maldives Transport and Contracting Company (MTCC) has added two Deputy Managing Directors (DMDs), a Deputy Chief Operating Officer at the same level and several senior management posts.
The company's structure chart was approved by the Board of Directors of MTCC on last Wednesday and the information now available on the company's website shows that the new DMD level employees are:
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Former STELCO MD Hassan Mughnee - DMD
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Mohammed Jamsheed - DMD
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Hussain Naufal Nasir - Deputy Chief Operating Officer
Atoll Times has discovered that they will receive more than MVR 55,000 per month as salary and allowances..
The other newly added senior management positions are:
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1-
Chief Engineering and Technical Officer (CETO)
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2-
Chief Procurement Officer (CPO)
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3-
Chief Project Management Officer (CPMO)
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4-
Chief Sales Officer (CSO)
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5-
Chief Marketing and People Officer (CMPO)
Atoll Times has confirmed that the newly added positions have not yet been appointed. The total take-home amount is expected to be more than MVR 45,000 per month.
The company's MD is Abdullah Ziyadh.
MTCC has released the following figures for the third quarter of this year.
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MVR 979.3 million
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Operating expenses - MVR 885.9 million
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Operating profit - MVR 103.7 million
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Net profit - MVR 43.3 million
The company posted a net profit of MVR 129.6 million for the three quarters ended this year.
