The Managing Director of MTCC Hassan Shah has been transferred to MWSC, and the Managing Director of MWSC Adam Azim has been transferred to MTCC.
The Privatization and Corporization Board liable for the observation of government organizations stated that the Managing Directors were swapped in order to improve operations. However, no further details were disclosed.
Both individuals are members of the government coalition's Jumhooree Party (JP) council. Azim was appointed as Managing Director of MWSC on the 29th of November 2018, whereas Shah was appointed to his post on the 12th of December 2018.
Out of all government organizations, the only company that do not have a Managing Director is Maldives Airport Company (MAC). Velana International Airport operator, MACL is one of the most profitable companies. The search for a Managing Director for the company was revealed around the end of December last year, after over a year of vacancy.