Top executives at FGV leave amid shake-up


Palaniappan told Reuters he decided to retire from FGV ahead of his contract

KUALA LUMPUR: Three top executives at palm oil producer FGV Holdings left the company at the end of August, in a management shake-up at the world’s largest crude palm oil producer, three sources familiar with the company operations said.

The departure of the senior executives, which has not yet been made public, comes as FGV investigates several of its business practices following ”adverse findings” from an earlier probe into its investments.

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