Agrobank today announced the appointment of Dato’ Mustapha Buang as the new Non-Executive Chairman of Agrobank, effective 12 November 2020. The appointment had received approval from Bank Negara Malaysia and the Finance Ministry.
Dato’ Mustapha is currently the Managing Director of Asian PAC Holdings Berhad since January 2001.
Dato’ Mustapha Buang started his career as an Economic Planner with the Johor Economic Development Corporation upon his graduation in 1972. He then joined the financial industry in 1974 holding senior management position and gathered 16 years of experience in the finance sector. At present, he holds directorships in several private limited companies, and sits as Committee Member of Board of Trustee and as Trustee/Board in a few non-profit organisations in Malaysia.
Dato’ Mustapha, who holds a Bachelor degree in Economics from University Malaya, said he was pleased to join Agrobank during a very important phase to strengthen food security for the nation.
“COVID-19 pandemic has further highlighted the importance of food sustainability and the future of our food. The 12th Malaysia Plan is expected to renew the drive towards promoting agricultural industrialisation and take Malaysia to the next level in ensuring the sustainability of food security and safety.”
“Agrobank is at an exciting place in supporting important government initiatives towards realising our food security agenda. I look forward to working with the Board and our talented teams in Agrobank to provide better access to finance in our mission to provide full chain of financing to agriculture sector,” he said.