Change in Boardroom

ENCORP BERHAD

Date of change 15 Jul 2025
Name ENCIK MUHAMMAD FITRI BIN OTHMAN
Age 42
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Appointment

Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
Professional Qualification
Sustainable Investing Certificate
CFA Institute, USA
Professional Qualification
Chartered Financial Analyst (CFA)
CFA Institute, USA
Masters
MSc Economics
The London School of Economics and Political Science (LSE)
Degree
BSc Economics and Finance with First Class Honours
University of Southampton, UK

Working experience and occupation
En. Muhammad Fitri Othman ("En. Fitri") is an accomplished investment professional and corporate leader with over 17 years of experience across financial services, government-linked investment entities, and the corporate sector.

He is currently the Group Chief Executive Officer of Felda Investment Corporation (FIC), overseeing strategic leadership, business growth, and value creation across FIC's core businesses in hospitality, trading, property management, real estate development, and mining.

Previously, he served as the Chief Investment Officer of the Armed Forces Fund Board (LTAT), the retirement fund of the Malaysian Armed Forces, overseeing the overall investment strategy including strategic shareholdings in Affin Bank Berhad and Boustead Holdings Berhad. During his tenure, he was also a Director of Boustead Holdings Berhad, where he served as a member of the Group Board Sustainability Committee, providing oversight on ESG strategies and corporate transformation initiatives.

He also served as a Director of Affin Islamic Bank Berhad, where he provided guidance on the bank's strategic direction and governance as part of the Board, and was a member of the Group Board Compliance Committee, ensuring adherence to Shariah principles, regulatory standards, and corporate governance best practices.

En. Fitri has held numerous board and board committee roles in diverse sectors including banking, real estate, plantation, pharmaceuticals, downstream fuel, and asset management. He has led strategic divestments, high-value corporate transactions, and major portfolio restructurings.

He started his career as an investment analyst with Permodalan Nasional Berhad (PNB) and held various positions within the Group for over 11 years including stints at subsidiaries in London and Tokyo.

En. Fitri has attended executive education programs at INSEAD, France and Harvard Business School, USA.
Directorships in public companies and listed issuers (if any)
Nil
Family relationship with any director and/or major shareholder of the listed issuer
Nil
Any conflict of interests that he/she has with the listed issuer
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries
Nil



Remarks :
En. Muhammad Fitri Othman was a nominee of Felda Investment Corporation Sdn Bhd, a major shareholder of Encorp Berhad.

The Company is taking necessary steps to fill the vacancy within three (3) months from the Encorp Berhad's 25th Annual General Meeting held on 25 June 2025 thereof to comply with Rule 15.02 (1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


Announcement Info

Company Name ENCORP BERHAD
Stock Name ENCORP
Date Announced 15 Jul 2025
Category Change in Boardroom
Reference Number C03-11072025-00002