STO opens Board Directorship application

The State Trading Organization (STO) has opened the opportunity to apply for its board of directors.

STO said eligible shareholders who wish to represent public shareholders in the company's board must apply for the board by 10:00 am on April 24. According to STO, women are encouraged to apply for this position.

As per STO's Articles of Association and the distribution of shares, one director can be appointed to its board from among public shareholders. Six directors must be appointed on behalf of the government, the major shareholder.

All directors appointed to the board are encouraged to have adequate education and experience in the field of business and management.