SD Guthrie Bhd has announced the appointment of Shahrizal Suhainy as its new chief financial officer (CFO), effective May 1, 2026. He will succeed Renaka Ramachandran, who will step down as CFO on April 30 following her appointment as SD Guthrie’s chief executive officer of land and renewable energy, effective January 1.
In a filing with Bursa Malaysia, the company highlighted Shahrizal’s extensive experience and expertise in finance and corporate leadership. At present, Shahrizal, 41, serves as head of special projects under SD Guthrie’s group finance division, where he oversees strategic initiatives, including the transformation of the group’s procurement operating model.
Shahrizal brings a wealth of industry experience to his new role. He previously held the positions of chief financial officer and regional chief executive officer for SD Guthrie’s upstream operations in Indonesia. He also served as CFO of TH Plantations Bhd, further demonstrating his track record in financial management and operational oversight within the plantation and agribusiness sectors.
Before joining the plantation industry, Shahrizal spent 14 years with KPMG Malaysia, including a tenure as an audit partner, providing him with a strong foundation in financial reporting, audit, and corporate governance.
Shahrizal holds a Bachelor of Accountancy (Hons) from Universiti Teknologi Mara and is a fellow chartered accountant of the Association of Chartered Certified Accountants. He is also a chartered accountant and a member of the Malaysian Institute of Accountants, reflecting his professional qualifications and commitment to high standards of financial practice.
The transition in leadership comes at a strategic time for SD Guthrie, as the company continues to focus on strengthening its financial operations and expanding its land and renewable energy initiatives. Renaka’s shift to CEO of the land and renewable energy division allows the group to leverage her extensive experience while ensuring continuity and strong leadership in its finance function with Shahrizal’s appointment.
The company expressed confidence that Shahrizal’s appointment as CFO will support SD Guthrie’s long-term growth objectives and enhance financial governance, operational efficiency, and strategic planning across the group’s diverse business segments.
