KUALA LUMPUR (Bernama): Former Felda Global Ventures Holdings (FGV) Group President and Chief Executive Officer (CEO) Tan Sri Sabri Ahmad, 68, passed away from lung cancer at 5.30am here today.
Sabri was also former CEO of Golden Hope Plantations Bhd and former Chairman of the Malaysian Palm Oil Board.
He first joined the civil service in 1970 to serve the Ministry of Agriculture, then moved on to the private sector in 1985 under Harrisons Malaysia Plantations Bhd.
His 28-year involvement in the industry include that at Golden Hope as well as at Mentakab Rubber Co Malaya Bhd, Negara Properties (M) Bhd, MSM Malaysia Holdings Bhd and Australian Agricultural Co Ltd.
When Sabri was at Golden Hope, the company had the distinction of country’s largest plantation landbank and the best oil extraction rate.
In 2007, he gave solid support to the government's aspiration of having Permodalan Nasional Bhd's units Golden Hope, Kumpulan Guthrie and Sime Darby merged into one entity.
When Sabri was appointed by the government to lead FGV, he achieved substantial milestones in bridging the gap between the corporate world and politicians.
This is a unique challenge because FGV is different from other plantation companies. FGV's stakeholders have a lot more social considerations and the group's political influence cuts across a votebank of 54 constituencies.
Sabri's optimistic attitude and leadership skills was instrumental in FGV's listing on the stock market in 2012. At that time, FGV was the world’s second-largest initial public offering (IPO) after Facebook.
A respected plantation expert and friendly corporate leader Sabri is remembered for his distinguished service and contribution to the nation.
He was awarded the Darjah Dato’ Paduka Tuanku Ja’afar (DPTJ) which carries the title “Dato’” from the Negri Sembilan State Government in 2004, the Darjah Panglima Setia Mahkota (PSM) which carries the title “Tan Sri” from the Federal Government in 2013, and the Palm Oil Industry Leadership Award (PILA) 2014 in October last year.
At 3pm, Sabri was buried at the Bukit Kiara Muslim cemetery.