Deputy Prime Minister Ahmad Zahid Hamidi says FGV’s new CEO will be a professional, with a prompt appointment needed to avoid a leadership gap.
KUALA LUMPUR: The new chief executive officer for FGV Holdings Bhd will be appointed from professional ranks, according to Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
He stated that a replacement for the outgoing CEO, Fakhrunniam Othman, must be made promptly to avoid a prolonged leadership gap.
“We must proceed carefully as FGV needs to be restructured and refocused on established and emerging markets,” Ahmad Zahid told reporters after meeting the top management of the Federal Land Development Authority (Felda).
His comments follow yesterday’s confirmation that Fakhrunniam had resigned from the Malaysian palm oil company.
