5 executive Directors of Minority Finance Corporation in Telangana have been transferred and fresh appointments have been made. Director Minority Welfare and Managing Director Minority Finance Corporation Jalaluddin Akber issued orders in this connection. Executive Director of the corporation Saleem Basha has been transferred from Hyderabad to Adilabad.
Mr. Saptagiri and D Yellaiah have been appointed executive directors in Hyderabad. M A Rasheed has been transferred from Mahboob Nagar to Rangareddy. Jaleel Ahmed Ghouri has been appointed as executive director in Mahboob Nagar.
Meanwhile posts of executive directors in Warangal, Nalgonda and Khammam are still vacant.
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