Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    STO Leads Listed Companies in Corporate Governance Compliance: CMDA

    October 19, 2026

    Rasmale’ Project a Golden Opportunity for Maldivian SMEs, says Business Chambers

    October 19, 2026

    Senior Medical Delegation Heads to China for Knowledge Enrichment

    October 18, 2026
    Facebook X (Twitter) Instagram
    Tuesday, October 20
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      STO Leads Listed Companies in Corporate Governance Compliance: CMDA

      October 19, 2026

      Rasmale’ Project a Golden Opportunity for Maldivian SMEs, says Business Chambers

      October 19, 2026

      Senior Medical Delegation Heads to China for Knowledge Enrichment

      October 18, 2026

      MTCC CEO Confirms a Workforce of 6,700 Employees: Majority Are Contract Staff

      October 11, 2026

      Govt. Begins Upgrading Hulhumale’ Synthetic Track to International Standards

      October 11, 2026
    • BUSINESS

      STO Leads Listed Companies in Corporate Governance Compliance: CMDA

      October 19, 2026

      MTCC CEO Confirms a Workforce of 6,700 Employees: Majority Are Contract Staff

      October 11, 2026

      October 11, 2026

      Vietnam’s Low-Cost Carrier VietJet to Begin Maldives Route Flights

      October 7, 2026

      The Maldives’ First Biodiversity Magazine Launches to Promote Environmental Preservation

      October 4, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home » Prez. Solih inaugurates special memorial for former STELCO chairman

    Prez. Solih inaugurates special memorial for former STELCO chairman

    President Solih inaugurates special memorial for former Chairman of STELCO
    February 8, 20222 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Maldives President Ibrahim Mohamed Solih has officially inaugurated a special memorial enacted as a tribute to the former chairman of State Electric Company Limited (STELCO), the late Mr. Mohamed Rasheed.

    The special memorial for the former chairman, who had served in the utility sector for more than fifty years, was opened on Tuesday morning during a special ceremony held at STELCO headquarters.

    In his condolence message, the Maldives head of state noted on the numerous efforts, commitments and achievements made by the late Mr. Mohamed Rasheed in fostering and expanding electricity and utility services across the Maldives.

    Furthermore, President Solih reminisced the former chairman’s dedication and punctuality to his work, praising the late Mr. Rasheed as a skilled and tactful engineer.

    President Solih further made emphasis on the integrity and loyalty Mr. Rasheed had shown to his work and responsibilities.

    In his condolence message, the current Managing Director of STELCO, Mr. Hassan Mughnee noted the lengthy tenure of the late Mr. Rasheed, and noted that he was committed to the energy and utility sector post education up to his demise.

    The inaugural ceremony for the special memorial was attended by senior officials of STELCO, board members as well as the family of the late Mr. Rasheed.

    Mr. Rasheed passed away on 26th December 2021 due to a terminal illness. He first joined STELCO back in 1971 under an apprenticeship. Throughout his lengthy career at STELCO, Mr. Rasheed had filled several designations which included Engineer, Deputy Director Managerial, Executive Director, Assistant Managing Director, Deputy Managing Director as well as the company’s Chief Executive Officer.

    Mr. Rasheed was appointed as the Chairman of STELCO’s board on 12th February 2019, and he continued to serve the utility corporation as its Chairman until his demise.

    Related Posts

    BUSINESS

    MTCC CEO Confirms a Workforce of 6,700 Employees: Majority Are Contract Staff

    October 11, 2026
    Government

    Half of Social Housing Tenants Do Not Pay Regular Rent, Says HDC Managing Director

    October 7, 2026
    BUSINESS

    USD 20 Bil or USD 12 Bil? Eagle Hills Signs for Half of Rasmalé, and the City Built for Housing Takes a Very Different Turn

    September 21, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    Latest News

    Rasmale’ Project a Golden Opportunity for Maldivian SMEs, says Business Chambers

    October 19, 2026

    Maldives Business Chambers (MBC) has described the Rasmale’ project as a golden opportunity to grow…

    Senior Medical Delegation Heads to China for Knowledge Enrichment

    October 18, 2026

    MTCC CEO Confirms a Workforce of 6,700 Employees: Majority Are Contract Staff

    October 11, 2026
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2026 Maldives Business Times. by hyvemedia.

    Type above and press Enter to search. Press Esc to cancel.