Sime Darby Plantation's Bakke named chairman of MPOB

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KUALA LUMPUR (Aug 6): The Malaysian Palm Oil Board (MPOB) has named Tan Sri Mohd Bakke Salleh as its chairman for a two-year term, effective July 31.

This is in addition to his current roles of executive deputy chairman and managing director at Sime Darby Plantation Bhd.

Mohd Bakke replaces Datuk Seri Ahmad Hamzah, whose term began from Sept 1, 2016 and was to end on Aug 31, 2018.

In a statement today, MPOB said Mohd Bakke has vast experience in the oil palm industry, having served plantation companies including president and group chief executive of Sime Darby Bhd. He was responsible for overseeing the core divisions within the group which includes plantation, property, industrial, motors and logistics.

Prior to joining Sime Darby, Mohd Bakke was the group managing director of Felda Holdings Bhd and subsequently appointed as the group president and CEO of Felda Global Ventures Holdings Bhd in January 2009. He was also previously appointed as Group Managing Director and CEO of Lembaga Tabung Haji.

His previous positions include as director of property division of Pengurusan Danaharta Nasional Bhd and group general manager of Island & Peninsular Bhd.

Mohd Bakke sits on several boards of directors including Eastern & Oriental Bhd and the Malaysian Industry-Government Group for High Technology. He is also a council member of the Northern Corridor Implementation Authority since 2012, Global Science and Innovation Advisory Council since 2013, a pro-chancellor of Universiti Putra Malaysia since 2015, a steering committee member of Malaysia Vision Valley since 2016, and a member of Majlis Produktiviti Negara since April 2017 and Majlis Bioekonomi Kebangsaan since July 2017.

Mohd Bakke graduated with a Bachelor of Science (Economics) from the London School of Economics, the UK in 1977.

His appointment is one of many changes at the top of government bodies and government-linked companies in recent times, following the Pakatan Harapan coalition’s historic win in the 14th general election on May 9.

Sime Darby Plantation shares ended the morning session up one sen or 0.19% at RM5.27 today, with 520,700 shares traded, bringing a market capitalisation of RM35.84 billion.