Ralph Foong
Abu Bakar
Co-Founder and Advisor
Abu Bakar Mohd Nor
I help my clients stand out and they help me grow.
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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.
Personal experience
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Cleaning
Insured
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CONTACT Me
Feel Free to Contact Abu Bakar Mohd Nor
Ralph is an accomplished leader in energy and technology with vast experience in areas like bioenergy, renewable energy, and the energy value chain. Ralph was Deputy Chief Executive of the Singapore Energy Market Authority (EMA) from 2021 to 2024 and led Singapore’s energy transition efforts, aiming for Net Zero by 2050. His key contributions include securing 4GW of renewable electricity imports, developing Singapore’s first large-scale Battery Energy Storage System, and exploring advanced energy solutions such as hydrogen and geothermal energy.
Prior to joining EMA, Ralph was Senior Vice President at the Singapore Economic Development Board (EDB) and has more than 20 years of experience leading teams managing key corporate accounts in industries like energy, aerospace, and urban solutions, and played a key role in growth strategies and global partnerships. His leadership also extended to regions like India, the Middle East, and the Americas, and was successful in attracting major investments from companies like Google and Microsoft.
Ralph is presently also a Corporate Advisor at Temasek International Advisors and Founder of BioRenew Energy where he focuses on developing bioenergy and renewable energy value chains as well as low-carbon feedstocks. Ralph holds an MBA from MIT’s Sloan School of Management and a Master of Science in Electrical Engineering from UC Berkeley.
M Kapital Consulting is a strategic business advisory firm. We specialise in energy, maritime, digital infrastructure and technology in key markets such as Singapore, Malaysia, Indonesia, Cambodia, Ghana and Maldives.