Musa Hitam
Chairman, Sime Darby
Date of Birth: 18\04\1934
Malaysia's Sime Darby has signed a US$800 million deal securing a 63-year concession to 220,000 hectares in Liberia
that include the troubled Guthrie Rubber Plantations. Sime Darby, a
government-controlled plantation operator, is headed by Chairman Musa Hitam,
who has a master's degree in international relations from Sussex
University and is a member of the United Malays National Organisation,
the largest party in the ruling Berhad Nasional coalition
government. Previously, Musa was Deputy Minister of Trade and Industry,
Minister of Primary Industries (1974-78) and Minister of Education
(1978-1981).
After serving as Mahatir bin Mohamad's
Deputy Prime Minister (1981-1986), Musa was envoy to the United Nations
(1990-1991), the UN Commission on Human Rights (1993-98), and the
Commonwealth Ministerial Action Group (1995-2002). He is also Chairman
of the Kuala Lumpur-based World Islamic Economic Forum.
Sime
Darby was formed in 2007 by the merger and listing of the state's three
most successful plantation operators. The result was the world's
largest oil palm plantation group, with some 100,000 employees and
interests in property development, car dealerships, industrial
equipment, energy and utilities. Though publicly-listed, it is
controlled by two government investment holding companies, Permodalan Nasional Berhad and Yayasan Pelaburan Bumiputra. Both acquired assets with the help of preferential national policies and interest-free government loans.