The Managing Director of Maldives Integrated Tourism Development Corporation (MITDC) has taken the Chairman role of Housing Development Corporation.
While Mohamed Shahid, the Managing Director of MITDC was appointed as the new Chairman of HDC, Mohamed Saiman remains as the Housing Development Corporation's Managing Director.
Shahid had previously filled various responsibilities of HDC before moving on spearhead MITDC.
Recently the state has been bringing several executive and management level changes to many government affiliated corporations. Government has brought changes to boards of many state-owned and affiliated corporations with many of their Managing Directors terminated from responsibilities.
