FGV Holdings Bhd has appointed Datuk Abu Huraira Abu Yazid as its new non-independent non-executive chairman, effective March 2, 2026. He succeeds Tan Sri Rastam Mohd Isa, who had served in the role since September 2023.
Abu Huraira currently chairs several major organisations, including MISC Bhd, Perbadanan Insurans Deposit Malaysia (PIDM), Human Resource Development Corporation (HRDCorp), AET Pte Ltd, and Malaysian Maritime Academy Sdn Bhd.
Datuk Abu Huraira Abu Yazid.
In a statement, FGV said his extensive leadership experience, strong corporate governance background, and track record in stakeholder management will support the group’s next phase of growth and transformation.
The appointment comes amid broader changes within FGV. In January, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi was named the minister overseeing both FGV and its main shareholder, the Federal Land Development Authority (Felda). FGV was privatised by Felda in 2025, marking its second takeover attempt after an earlier bid in 2020 did not succeed.
Meanwhile, media reports on Feb 27 indicated that FGV group CEO Datuk Fakhrunniam Othman had submitted his resignation to Zahid, citing unnamed sources.
FGV highlighted that Abu Huraira brings nearly five decades of experience across multiple sectors, including financial services, logistics, oil and gas, social security, rehabilitation, and workforce development. He has held senior roles in Malaysia’s banking and financial institutions, with expertise in risk management and financial governance.
He holds a Bachelor of Economics in Business Management from the University of Malaya and previously served as chairman of the Social Security Organisation (Socso), chairman of Pusat Rehabilitasi PERKESO Sdn Bhd, and executive director of Pos Malaysia Bhd.
