FGV’S TALENT MANAGEMENT STRATEGY STRENGTHENS ECONOMIC GROWTH, COMMUNITY DEVELOPMENT

KUALA LUMPUR, March 17 (Bernama) -- FGV Holdings Berhad (FGV), a leading global agribusiness company, continues to set benchmarks in talent management through a comprehensive and inclusive approach aligned with its sustainability goals. 

FGV group chief human capital officer Razman Radzi said the company’s talent management strategy is closely linked to its sustainability commitments and efforts to drive community development.

“At FGV, our talent management strategy is deeply intertwined with our sustainability goals and commitment to community development.

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“By investing in our people through innovative programmes and fostering an inclusive, high-performance culture, we not only empower individuals but also contribute to the nation’s socioeconomic progress,” he said in a statement today.

Meanwhile, FGV group chief executive officer Fakhrunniam Othman said the company’s talent management approach focuses on long-term value creation by building a resilient and future-ready organisation.

“By aligning talent management with our core business goals, we strengthen operational excellence and drive sustainable growth.

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“This integrated approach ensures that ‘Warga FGV’ are not only empowered to excel but also contribute meaningfully to the company’s performance and competitiveness,” he said.

As part of its strategic talent development efforts, FGV has implemented various initiatives to build a strong pipeline of skilled workers, integrating Environmental, Social, and Governance (ESG) principles while empowering local communities through targeted recruitment and capacity-building programmes.

The company’s scholarship programme has supported 121 scholars since its inception in 2006, with several recipients now holding senior management positions.

The company has also introduced Projek Rintis, in collaboration with the Institute of Malaysian Plantation and Commodities, Malaysia’s first talent development programme specifically for harvesters in the palm oil industry, aiming to equip Malaysian youth with industry-specific skills, enhance employability, reduce reliance on foreign labour, and foster sustainable growth.

To ensure continuous learning at all levels, FGV has introduced certification programmes such as the FGV Accountant Certification Programme (ACe) and targeted training courses, including Industrial Relations for Non-HR Managers.

In its efforts to attract and retain top talent, FGV participated in 23 career fairs nationwide in 2024 and established partnerships with organisations such as the Johor Talent Development Council to strengthen its talent pipeline.

The company’s Management Trainee Programme provides young graduates with an accelerated transition into the workforce, with many participants continuing to build their careers within FGV.

As part of its commitment to diversity and inclusion, FGV collaborates with LeadWomen to promote gender equality, achieving a 28 per cent score in the Gender Gap Analysis Tool, above Malaysia’s national average of 27.2 per cent.

The company has also introduced Gender Diversity in Senior Management Policy and celebrated key milestones, including appointing its first female Mill Manager.

FGV’s commitment to talent management has yielded measurable results, with employee engagement reaching 81 per cent in 2023, surpassing national averages, and certification programmes directly enhancing workforce productivity.

The company’s retention strategies have been effective, with turnover rates dropping from 3.44 per cent in 2022 to 2.45 per cent in 2023.

As an employer of choice, FGV has earned prestigious accolades, including Kincentric Best Employer Malaysia 2023 and the National Human Capital Conference and Exhibition (NHCCE) 2024 Best Employer Award, while its group chief human capital officer has been recognised among Asia’s top HR leaders by ETHRWorld, SpeakIn Asia Dialogues, and World HRD Congress.

“FGV’s holistic talent management approach demonstrates our commitment to building a sustainable future, not only for our business and our people but also for the communities we touch,” said Fakhrunniam.

-- BERNAMA