Sime Darby Berhad : announces board and senior management line up for Plantation and Property Pure Plays

The boards of both companies comprise respected individuals who were selected and appointed based on industry experience, their acumen and integrity, some of whom have served Sime Darby in various capacities in the past. Similarly the members of senior management were appointed after taking into consideration the wide range of needs of the two companies.

'The new members of the two boards and the senior management have the experience and expertise, to spearhead the businesses in these challenging times. We are confident they will grow the companies into stronger entities to generate sustainable returns for all stakeholders,' current Sime Darby Berhad Chairman, Tan Sri Abdul Ghani Othman said.

The announcement of an additional board member for both companies will be made soon, he added.

The Boards of Sime Darby Plantation Berhad and Sime Darby Property Berhad will comprise eleven (11) Directors upon listing, majority of whom shall be Independent Non-Executive Directors.

Sime Darby Plantation Berhad

As the world's largest producer of certified sustainable palm oil (CSPO), Sime Darby Plantation's new board and key management lineup reflect the company's vision to stamp its position as the industry leader on the global stage in the upstream sector, while aggressively growing in the downstream sector. Also key to the company are its commitments to sustainability and research & development, where Sime Darby Plantation is already widely acclaimed for its expertise and leadership.

'Sime Darby Plantation produces nearly a quarter or three million tonnes of the world's CSPO and all but two of our 63 operating units are certified. We first made our commitment to sustainability in 2007 and we continue to deliver on it. This has required both dedication and discipline, and a willingness to take stock and implement change where necessary,' Sime Darby Plantation Chairman, Tan Sri Dato' Abdul Ghani Othman said.