CEO Morning Brief

FGV CFO Mohd Hairul Appointed as Interim CEO as Nazrul Izam's Contract Expires

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Publish date: Tue, 03 Sep 2024, 10:08 AM
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TheEdge CEO Morning Brief
Datuk Mohd Hairul Abdul Hamid

KUALA LUMPUR (Sept 2): FGV Holdings Bhd (KL:FGV) announced the departure of its group CEO, Datuk Mohd Nazrul Izam Mansor, effective Sept 1.

This follows the conclusion of Mohd Nazrul Izam's three-year contract for the role which he assumed in 2021.

The company has appointed its group chief financial officer (CFO) Datuk Mohd Hairul Abdul Hamid as the acting group CEO, effective immediately.

Mohd Hairul, who has served as group CFO since January 2019, will assume the responsibilities of the group CEO until further notice, FGV said.

Before joining FGV as group CFO in January 2019, Mohd Hairul was the CFO of Mass Rapid Transit Corporation Sdn Bhd from March 2012 to December 2018.

Mohd Hairul has over 30 years of experience in finance, starting in Sime Darby Bhd in 1994 as a management trainee, before rising to the position of group accountant in 1997.

In October 2002, he joined Consolidated Plantations Bhd, a subsidiary of Sime Darby, as finance manager, and was later promoted to plantation financial controller in June 2005.

He then returned to Sime Darby Bhd in June 2006 as general manager of finance and was appointed CFO of the plantation division in June 2008. He later served as CFO of Sime Darby's energy and utilities division before departing in February 2012.

Source: TheEdge - 3 Sep 2024

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