COO Mohamad Helmy appointed as an understudy to Sime Darby Plantation MD Mohd Bakke

TheEdge Fri, Dec 14, 2018 07:24pm - 5 years View Original


KUALA LUMPUR (Dec 14): Sime Darby Plantation Bhd has appointed Mohamad Helmy Othman Basha as deputy to the managing director (MD) from Jan 1.

In his new role, Mohamad Helmy, who is currently the group’s chief operating officer (COO) of upstream, will understudy Sime Darby Plantation’s incumbent MD and executive deputy chairman Tan Sri Mohd Bakke Salleh, who is retiring in June next year.

Apart from assisting the MD with the overall running of the group, Mohamad Helmy will continue to be responsible over the plantation upstream business.

In a statement today, Sime Darby Plantation said the appointment is part of the group’s plan to ensure seamless succession at its top leadership subject to performance appraisal and final approval of the board of directors. 

According to Sime Darby Plantation, Mohamad Helmy, 51, has more than 18 years of experience in the plantation industry. He is a chartered accountant and began his career as an auditor with Wellers, Accountants, Oxford, the UK.

In 1991, he worked in the oil and gas sector in the Shell Group in Malaysia. In 1997, he joined Guthrie Property Holdings Sdn Bhd as the finance and administration manager. Within Guthrie, he rose up the ranks quickly and moved into the plantation sector.

In 2006, he was appointed chief executive of Highlands & Lowlands Bhd. Mohamad Helmy was also a key member of the Guthrie team that acquired Minamas Plantation in Indonesia in 2001 and later restructured it.

In 2007, after the merger that established the enlarged Sime Darby Group, Mohamad Helmy was appointed head of upstream Malaysia in Sime Darby Plantations Sdn Bhd.

After a brief stint outside the company, Mohamad Helmy returned to Sime Darby Plantation in 2016 as head of plantation services and special project, before being appointed as COO of upstream in 2017.

Sime Darby Plantation shares closed down 3 sen or 0.67% at RM4.43 today, with 2.4 million shares done, bringing a market capitalisation of RM30.13 billion.
 

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

SIME 2.660
SIMEPLT 4.310

Comments

Login to comment.