CEO Morning Brief

FGV Names Fakhrunniam Othman as New Group CEO

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Publish date: Thu, 31 Oct 2024, 09:35 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (Oct 30): FGV Holdings Bhd (KL:FGV) has appointed Fakhrunniam Othman as group chief executive officer (CEO) of the plantation group effective Nov 1.

Fakhrunniam, 57, is currently the group divisional director of FGV’s logistics and support division, a position he has held since Jan 1, 2023.

His career spanned over 31 years which started with Caltex Oils Malaysia Ltd in 1992. He also has extensive experience with FGV Group since joining as an accountant with Felda Holdings Bhd (FHB) in 2000.

Following work rotations, expansion of responsibilities and performance evaluation at FHB, Fakhrunniam was made general manager in 2004 and senior general manager of finance department in 2006.

From 2008-2011, he was assigned as deputy chief financial officer and company secretary for US company Twin Rivers Technologies (TRT) Inc, which had provided him significant global exposures in investments, oils and fats as well as oleochemical fields.

Upon his return to FGV, Fakhrunniam joined the group’s strategy division as vice president and had participated in the listing of FGV.

From 2013 to 2016, he was also the CEO of FGV Marketing Services Sdn Bhd, FGV Trading Sdn Bhd and FGV Transport Sdn Bhd. He was later appointed as the chief strategy officer in 2017, and chief investment officer (2019-2022) with an interim assignment as acting CEO of MSM Holdings Bhd in September 2020.

Fakhrunniam obtained his MBA in general management from the Royal Melbourne Institute of Technology (RMIT), Australia.

He is a chartered accountant, graduated from the Association of Chartered Certified Accountant (ACCA), UK and is a member of the Malaysian Institute of Accountants.

Source: TheEdge - 31 Oct 2024

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