FGV Announces Decision on Group President and Chief Executive Officer

FGV ANNOUNCES DECISION ON GROUP PRESIDENT AND CHIEF EXECUTIVE OFFICER

KUALA LUMPUR, 9 OCTOBER 2017 – FGV has today announced that Dato’ Zakaria Arshad shall resume his duties at Felda Global Ventures Holding Berhad’s (FGV) Group President/Chief Executive Officer (GP/CEO) on 16 October 2017, after being on leave of absence since 6 June 2017.

In the said announcement, the FGV Board stated that the DI has been carried out with proper internal processes consistent with The Minister of Finance (Incorporated)’s requirement that the DI process must be carried out with integrity, spirit of impartiality and ensuring proper corporate governance. The findings of the DI were submitted to the Minister of Finance (Incorporated) in line with Article 80 of FGV’s Memorandum and Articles of Association and the Minister of Finance (Incorporated) has taken time to review before making its decision. (more…)

Read more