Malaysian-based Sime Darby Berhad has announced the appointment of Renaka Ramachandran as the new Chief Financial Officer of Sime Darby Plantation Bhd. Meanwhile, Sime Darby’s current group CFO Datuk Tong Poh Keow will be redesignated as Sime Darby Property’s executive director and CFO.
Ramachandrahan holds over 18 years of experience in providing audit and business advisory services to clients, both local and public listed companies and multinationals, in various industries in her previous role in PricewaterhouseCoopers. She serves as a Director at Emery Oleochemicals (M) Sdn Bhd.
Previously, Ramachandran served as an Executive Director of PricewaterhouseCoopers Malaysia. She is a Fellow of the Chartered Association of Certified Accountants and member of the Malaysian Accounting Standards Board Working Group on ED 50 Biological Assets (IAS 41).
Datuk Tong was formerly the General Manager, Accounting and Financial Reporting, Group General Manager, Finance (Group Accounting and Financial Reporting) and Chief Finance Officer of Kumpulan Guthrie Berhad (KGB). She joined the KGB Group in 1983 as an Accountant-cum-Assistant Company Secretary for Highlands & Lowlands Berhad.
Datuk Tong is a member of the Malaysian Institute of Accountants, a member of the Institute of Chartered Secretaries and Administrators, United Kingdom and a Fellow of the Association of Chartered Certified Accountants, United Kingdom. She was appointed a member of the Malaysian Accounting Standards Board (MASB) on 1 October 2013.