Abu Bakar is our co-founder and advisor. A seasoned corporate leader, Abu Bakar is also the Chairman of our parent company, M Kapital Holdings Pte Ltd. 

Abu Bakar had an illustrious career in the offshore and oil and gas industry, spanning several decades and taking on multiple leadership roles. He now sits on several strategic national boards including Temasek-owned SMRT Corporation (Singapore’s national rail company), the Maritime Port Authority of Singapore, MUIS (the Islamic Religious Council of Singapore), the Public Utilities Board (Singapore’s national water agency), Meranti Power (a wholly owned subsidiary of Energy Market Authority), Lee Kuan Yew Exchange Fellowship, which is under the auspices of the Ministry of Foreign Affairs and is also the President of the Singapore Malay Chamber of Commerce and industry. Abu Bakar has also been the Chairman of the Workplace Safety and Health Council since 2023. 

At a more commercial level, Abu Bakar is on the board of several I Squared Capital’s investee companies including BDx Asia Data Centre, Cloud Kinetics Tech Centre and HEXA Renewables. Abu Bakar also chairs Staytion, Southeast Asia’s largest network of diverse spaces for work and leisure and is SMRT’s representative on the board of RTS Operations Pte Ltd, the joint venture company between SMRT and Prasarana Malaysia Berhad operating the Johor Bahru-Singapore Rapid Transit System. 

Abu Bakar’s contributions and achievements have been widely recognised through numerous awards and accolades. In 2017, he received the Berita Harian Achiever of the Year Award, a highly prestigious award for outstanding Malay individuals in Singapore. He was also recently awarded the Public Service Star and Justice of the Peace by the President of Singapore for his numerous community and public service contributions over the years.