Sime Darby unveils senior leaderships for units, listing by year-end

Tan Sri Mohd Bakke Salleh will be Sime Darby Plantation Bhd's executive deputy chairman and managing director

KUALA LUMPUR: Conglomerate Sime Darby Bhd announced Friday it is on track for the listing of its plantations and property units by year-end and also unveiled the new chairman and senior leadership for the three units.

It said the two units, which would spun off from the conglomerate, and the leaner and more focused Sime Darby Bhd itself would be headed by individuals who have the required skills and experience to manage large, complex organisations and are highly regarded for their integrity and business acumen. 

Sime Darby Bhd chairman Tan Sri Abdul Ghani Othman said “We are confident that all three pure plays have the right leadership to take the companies forward in these challenging times.

“Their task is to grow the businesses and their challenge is to achieve this while delivering consistent returns for all their stakeholders,” he said.

As for new leaner Sime Darby itself, the chaiman will be Tan Sri Dr Wan Abdul Aziz Wan Abdullah while the president and group chief executive will be Jeffri Salim Davidson.

The managing director for Sime Darby Motors will be Datuk Lawrence Lee Cheow Hock; managing director, Sime Darby Industrial Scott William Cameron and managing director, Sime Darby Logistics Timothy Lee Chi Tim 

“The new leadership of Sime Darby Bhd will reflect the global nature of the business with 80% of revenues generated from outside of Malaysia,” it said. 

As for Sime Darby Plantation Bhd, the chairman will be Tan Sri Abdul Ghani Othman while the executive deputy chairman and managing director: Tan Sri Mohd Bakke Salleh. The chief advisor and value officer will be Datuk Franki Anthony Dass and chief financial officer Renaka Ramachandran.

It said the plantation's new executive leadership will reflect the stature of the company, its scale and breadth, and its aspirations to further enhance its upstream productivity and operational excellence, as well as aggressively grow its downstream sector. 

As for Sime Darby Property Bhd, the chairman will be Tan Sri Abdul Wahid Omar, the managing director will be Datuk Seri Amrin Awaluddin while the executive director and chief financial officer will be Datuk Tong Poh Keow 

The new executive line up of Sime Darby Property will reflect the tremendous opportunities presented by its strategic land bank, combined with the immediate need to turnaround and rescale its operation.