FGV appoints Fakhrunniam Othman as group CEO effective Nov 1, 2024

KUALA LUMPUR: FGV Holdings Bhd has appointed Fakhrunniam Othman as group chief executive officer (CEO) effective Nov 1, 2024.

In a filing with Bursa Malaysia, it said Fakhrunniam is the group divisional director, logistics and support division since Jan 1, 2023.

His career spanned over 31 years, beginning in 1992 as a management trainee at Caltex Oils Malaysia Ltd. He then worked at Sapura Telecommunication Bhd as an assistant manager, followed by a role as group accountant at Alloy Consolidated Sdn Bhd, it said.

According to the filing, Fakhrunniam has extensive experience with FGV Group since joining as an accountant of Felda Holdings Bhd (FHB) in 2000.

“Following work rotations, expansion of responsibilities and performance evaluation, he was later made a general manager (2004) and senior GM finance of FHB in 2006.

“He was subsequently identified for an assignment in Twin Rivers Technologies (TRT) Inc of the United States as deputy chief financial officer and company secretary for four years (2008-2011) that had provided significant global exposures in investments, oils and fats, as well as oleochemical fields,” it added.

Upon his return, Fakhrunniam joined the strategy division as the vice president and participated in the listing of FGV, before he was entrusted with leadership roles as CEO of three subsidiaries, namely FGV Marketing Services Sdn Bhd, FGV Trading Sdn Bhd, and FGV Transport Sdn Bhd around 2013-2016.

He was later appointed as the chief strategy officer in 2017, 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.

A chartered accountant by training, he graduated from the Association of Chartered Certified Accountants (ACCA), United Kingdom, and is a member of the Malaysian Institute of Accountants. – BK