STO Welcomes Aboard Ms. Hawwa Nafia As Their New Chief Internal Auditor

Today, the State Trading Organization Plc (STO) has announced the appointment of a new Chief Internal Auditor to the Company; Ms. Hawwa Nafiya of Eynaaz in Seenu Hithadhoo. She is scheduled to assume her new role effective from 1^st February 2021. The new appointment was publicized today via a press release and also through social media.

Prior to her appointment as the Chief Internal Auditor of STO, Ms. Hawwa Nafiya has had numerous experience in auditing at various capacities. In this regard, one of such is filling the position of an Assistant Auditor at the Anti-Corruption Commission. Apart from this, she also served as a Director at Allied Insurance Company Private Limited – a subsidiary of STO.

Her appointment was made consequent to the resignation of Dr. Ibrahim Mahfooz, who had previously held the post.

STO group along with its subsidiaries, joint ventures and associates is a leader in the country’s economy having significant and focused interests in petroleum, cooking gas, construction materials (including cement and roofing material), medical supplies and pharmaceuticals, home appliances, electronics, supermarket products and insurance. They successfully celebrated their 56^th Anniversary last year.