Fathimath Aashaan has been appointed as the deputy CEO of MIFCO. Aashaan spent a long time heading STO Super mart as a senior general manager.
MIFCO is a subsidiary of STO. In addition, STO dismissed Mohammed Shujaau the head of the procurement department and Ramzee Aboobakr who was the head of the Energy and Staple Foods department. Ramzee also played a role in managing MIFCO in the past.
STO’s Managing Director Hussein Amr stated that they plan to make profits from all departments of STO