KUALA LUMPUR: Syed Mahdhar Syed Hussain has been appointed FGV Holdings Bhd
's chief transformation officer to lead the group's turnaround plan.
At a briefing today, it was announced that Syed Mahdhar will helm the group's Transformation Office, which was set up in April this year to review and assess the group's performance.
In its preliminary findings, the Transformation Office reported "serious issues at multiple levels within the organisation, ranging from poor work discipline, operational inefficiencies and leakages".
The unit is due to submit its final report on its findings within the next few weeks.
Further to the turnaround plan, in July, FGV's board of directors set up a three-member special board committee (SBC) to work closely with management to deliver on the group's transformation, comprising Datuk Wira Azhar Abdul Hamid, Datuk Dr Salmiah Ahmad and Dr Mohammed Nazeeb P.Alithambi.
The group also said at the briefing that, in line with enhancements to its plantation operations, it has set a fresh fruit bunch (FFB) yield target of 20 metric tonnes per hectare for FY19.
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