KUALA LUMPUR (March 11): MMC Corp Bhd has announced the appointment of Datuk Nazrul Mansor as its new group chief executive officer (CEO) effective March 9, leading the flagship infrastructure group controlled by tycoon Tan Sri Syed Mokhtar Albukhary, according to an internal memo sighted by The Edge. Nazrul served as group CEO of FGV Holdings Bhd from 2021 to 2024 before the plantation group was taken private by Felda in 2025. Prior to that, Nazrul was group CEO of Felcra Bhd from 2018 to 2021, a government-owned land development agency that manages agribusiness and plantation projects benefitting more than 112,000 rural participants. Earlier in his career, he served as group chief financial officer at Realmild Sdn Bhd in 2010 before joining independent power producer NUR Power Sdn Bhd as director of finance in 2013. Nazrul takes over the helm at the time MMC navigates its plan to list the port operating arm – MMC Port Holdings, which owns 70% of Port of Tanjung Pelepas Sdn Bhd, 100% of Penang Port Sdn Bhd, Johor Port Bhd and Northport (M) Bhd in Port Klang, as well as Tanjung Bruas Port Sdn Bhd in Melaka and Andaman Port in Kedah.

Source: The Edge Markets March 11, 2026 13:37 UTC