Monday, 19 June 2017 | MYT 12:41 PM
FGV to appoint Sulaiman Mahbob as chairman, replacing Isa
BY HANIM ADNAN
image: http://www.thestar.com.my/~/media/online/2017/06/19/04/54/m4gg0044.ashx/?w=620&h=413&crop=1&hash=A7B0543FDF2C5BF4AEED01621A4FF363790EF25E
KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) director Tan Sri Sulaiman Mahbob (pic) will be appointed as the new chairman, replacing Tan Sri Isa Mohd Isa Abdul Samad.
A source close to FGV told StarBiz said on Monday that Sulaiman would be appointed to the post pending an official announcement.
As for the FGV group president and chief executive officer post, the source said: “It is still 50-50 whether Datuk Zakaria Arshad will be able to make a comeback.”
On June 6, current FGV group president and CEO Datuk Zakaria Arshad and three other FGV senior management officials were instructed to take an indefinite absence of leave pending an investigation.
The probe was into business transactions between FGV subsidiary Delima Oil Products Sdn Bhd and its business partner Afghan-based Safitex LLC.
As for the FGV group president and chief executive officer post, the source said: “It is still 50-50 whether Datuk Zakaria Arshad will be able to make a comeback.”
On June 6, current FGV group president and CEO Datuk Zakaria Arshad and three other FGV senior management officials were instructed to take an indefinite absence of leave pending an investigation.
The probe was into business transactions between FGV subsidiary Delima Oil Products Sdn Bhd and its business partner Afghan-based Safitex LLC.
Read more at http://www.thestar.com.my/business/business-news/2017/06/19/fgv-to-appoint-sulaiman-mahbob-as-chairman-replacing-isa/#gy2UjpCGFy7gCbsc.99
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