The Council’s New Executive Director
JAKARTA – Former CEO of Malaysian Palm Oil Council (MPOC), who was also an Advisor to the Minister of Plantation Industries of Malaysia, Tan Sri Datuk Dr Yusof Basiron, has been appointed as the new Executive Director of the Council of Palm Oil Producing Countries (CPOPC), effective 1 June 2019. Dr Yusof succeeds Mr Mahendra Siregar, former Executive Director, who is now the Indonesian Ambassador to the USA in Washington.
Dr Yusof is an influential public figure in Malaysian palm oil industry. He has been the CEO of the MPOC since 2007 and was the director-general of the Palm Oil Research Institute of Malaysia (which later became the Malaysian Palm Oil Board) for 14 years, from 1992 to 2006. He is also an Independent Non-Executive Director of Sime Darby.
“Main priorities will include balancing palm oil supply and demand, in order to maintain price stability”
Mr Yusof joins CPOPC at a time when this inter-governmental organization is positioned to further promote, develop and strengthen cooperation among oil palm cultivating countries to ensure long-term benefits of palm oil to the economic development of the people in member countries. For 2019 onwards, Mr Yusof will lead CPOPC to undertake strategic directions, for the improvement of palm oil sector.
“Main priorities will include balancing palm oil supply and demand, in order to maintain price stability through the remunerative pricing and promoting biodiesel mandates to create new demands,” said Mr Yusof in Jakarta. “Simultaneously, CPOPC will continue to facilitate Indonesia and Malaysia to recreate the green image of the palm oil industry,” Mr Yusof concluded.
While committed to empower smallholders and ensuring environmental sustainability, CPOPC also promotes strategic cooperation among palm oil cultivating countries and encourages their participation as CPOPC members to better address international trade barriers.
CPOPC Palm Oil Supply and Demand Outlook Conference (POSDOC) 2019 and Indonesia Malaysia CEO Forum (IMCEOF)
CPOPC Palm Oil Supply and Demand Outlook Conference (POSDOC) 2019 and Indonesia Malaysia CEO Forum (IMCEOF) JAKARTA -- Council of Palm Oil Producing Countries (CPOPC) is organizing the first Palm Oil Supply and Demand Outlook...
TRADE POLICY ISSUES. Palm oil is undoubtedly one of the commodities that has been developed to improve the economic and social fabric of palm producing nations. The comparative advantage that palm oil has over rapeseed, amongst others, that is largely produced in Europe, has created unprecedented challenges to the industries in developed nations.