KUALA LUMPUR (May 23): Takada Asset Management has appointed former Felda Global Venture Holdings (FGV) chief executive officer (CEO) Datuk Mohd Emir Mavani Abdullah as its director and country manager for Indonesia.

Emir’s appointment is set to bolster Takada's strategic capabilities in the Southeast Asia region, the asset management firm said in a statement, noting that he is "widely acclaimed as an expert in economic and government administration reform, with an illustrious career spanning the Middle East and Asia".

Prior to joining FGV, Emir held various senior positions at Malayan Banking Bhd (Maybank), including as group chief financial officer and head of global banking.

Takada noted that during his tenure as FGV CEO, Emir expanded the company's presence in the palm oil sector, both domestically and internationally.

He focused on transforming FGV into a sustainable and diversified agri-business conglomerate and implementing key initiatives to enhance its operations and productivity, ensuring responsible and sustainable practices across its value chain.

Emir is "a valuable addition to our team as we strive to solidify Takada’s position as a prominent player in the financial investment industry with a specialized niche focus on carbon credit growth in the Southeast Asia marketplace", said Takada’s co-founder and managing partner Oscar Mendoza.

FGV’s share price closed one sen or 0.69% higher at RM1.45 on Tuesday (May 23), giving the group a market capitalisation of RM5.29 billion.