Business

Azhar is new FGV chairman

Datuk Wira Azhar Abdul Hamid

Datuk Wira Azhar Abdul Hamid

TheMole
Written by TheMole

KUALA LUMPUR, Sept 8 2017 : Datuk Wira Azhar Abdul Hamid has been named chairman of Felda Global Ventures Holdings Bhd (FGV), effective today.

Prime Minister Datuk Seri Najib Razak announced his appointment in a statement here.

“I am confident that with his vast experience, Azhar will effectively helm FGV and at the same time, enhance investor confidence which would translate into a more stronger share price for the company,” he said.

Azhar, 56, a chartered accountant by training, was appointed Malakoff group managing director (MD) on May 1, 2016. He resigned from the post in June.

Prior to that, he was the president and group MD of Tradewinds Corp Bhd before relinquishing the position to be its chairman.

Azhar began his career in the United Kingdom where he served British Telecom plc as an internal auditor manager from 1989 to 1991.

He then joined Malaysian Co-Operative Insurance Society Ltd as head of internal audit and later as head of finance prior to joining the Sime Darby in 1994.

Azhar was appointed group CEO of Pernas International Holdings Bhd from November 2001 till October 2002.

In 2003, he returned to Sime Darby Group as business development director of Sime Darby Plantation Sdn Bhd and he went on to become the MD of Tractors Malaysia Holdings Bhd, MD of Sime Darby Plantation, and acting president and group CEO overseeing the entire Sime Darby Group’s operations until August 2010.

Azhar then joined Mass Rapid Transit Corp Sdn Bhd as its CEO from 2011 till 2014.

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