Hussain Sham Adam has been appointed as the new Chairman of the Board of Directors of Fenaka Corporation Limited.
Sham is also the Minister of State for Finance and Planning. He was appointed to the post following the resignation of Shimad Ibrahim, the former Managing Director of the State Trading Organisation (STO), who had been serving as Chairman.
Fenaka confirmed Sham’s appointment to the company’s board and welcomed him to the position. The company said his joining the company was a step forward.