Change in Boardroom
| ENCORP BERHAD |
| Date of change | 15 Jul 2025 |
| Name | ENCIK MUHAMMAD FITRI BIN OTHMAN |
| Age | 42 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Non Executive Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Appointment |
Qualifications
| No | Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
|
Professional Qualification
|
Sustainable Investing Certificate |
CFA Institute, USA |
|
|
|
Professional Qualification
|
Chartered Financial Analyst (CFA) |
CFA Institute, USA |
|
|
|
Masters
|
MSc Economics |
The London School of Economics and Political Science (LSE) |
|
|
|
Degree
|
BSc Economics and Finance with First Class Honours |
University of Southampton, UK |
|
| Working experience and occupation | En. Muhammad Fitri Othman ("En. Fitri") is an accomplished investment professional and corporate leader with over 17 years of experience across financial services, government-linked investment entities, and the corporate sector.
He is currently the Group Chief Executive Officer of Felda Investment Corporation (FIC), overseeing strategic leadership, business growth, and value creation across FIC's core businesses in hospitality, trading, property management, real estate development, and mining.
Previously, he served as the Chief Investment Officer of the Armed Forces Fund Board (LTAT), the retirement fund of the Malaysian Armed Forces, overseeing the overall investment strategy including strategic shareholdings in Affin Bank Berhad and Boustead Holdings Berhad. During his tenure, he was also a Director of Boustead Holdings Berhad, where he served as a member of the Group Board Sustainability Committee, providing oversight on ESG strategies and corporate transformation initiatives.
He also served as a Director of Affin Islamic Bank Berhad, where he provided guidance on the bank's strategic direction and governance as part of the Board, and was a member of the Group Board Compliance Committee, ensuring adherence to Shariah principles, regulatory standards, and corporate governance best practices.
En. Fitri has held numerous board and board committee roles in diverse sectors including banking, real estate, plantation, pharmaceuticals, downstream fuel, and asset management. He has led strategic divestments, high-value corporate transactions, and major portfolio restructurings.
He started his career as an investment analyst with Permodalan Nasional Berhad (PNB) and held various positions within the Group for over 11 years including stints at subsidiaries in London and Tokyo.
En. Fitri has attended executive education programs at INSEAD, France and Harvard Business School, USA. |
| Directorships in public companies and listed issuers (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
En. Muhammad Fitri Othman was a nominee of Felda Investment Corporation Sdn Bhd, a major shareholder of Encorp Berhad. The Company is taking necessary steps to fill the vacancy within three (3) months from the Encorp Berhad's 25th Annual General Meeting held on 25 June 2025 thereof to comply with Rule 15.02 (1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. |
Announcement Info
| Company Name | ENCORP BERHAD |
| Stock Name | ENCORP |
| Date Announced | 15 Jul 2025 |
| Category | Change in Boardroom |
| Reference Number | C03-11072025-00002 |