State Trading Organization (STO) has opened applications for the position of public shareholders’ representative on its Board of Directors, a role that ensures shareholder interests are reflected at the highest level of decision-making.
The board structure mandates one director to represent public shareholders, while the remaining six seats are held by government-appointed directors, given the state’s status as the majority shareholder.
Eligible candidates must be STO shareholders aged 30 or above. While applicants with experience and qualifications in business and administration are encouraged to apply, the company has also reiterated its commitment to diversity, urging female candidates to contest for the post.
Applications must be submitted by 4 pm on 21 March through email or the STO online portal, addressed to the company’s secretariat. The selection process involves an interview stage conducted by STO’s Nomination and Remuneration Committee, after which shortlisted candidates will be presented at the Annual General Meeting for final approval.
