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PMO announces new Petronas board members and CFO

KUALA LUMPUR: The Prime Minister’s Office has announced the appointment of new Petroliam Nasional Bhd (Petronas) board of directors effective October 15.

They are Treasury deputy secretary-general (policy) Datuk Siti Zauyah Md Desa and Zakiah Jaafar, director of Macroeconomic Division at the Economic Planning Unit, Prime Minister's Department.

The Prime Minister’s Office also announced the appointment of PriceWaterhouseCoopers partner Tengku Muhammad Taufik Tengku Aziz as Petronas board member and chief financial officer to succeed Datuk Manharlal Ratilal.

On August 1, Datuk Ahmad Nizam Salleh was appointed as the new chairman of the board of Petronas with immediate effect, while Tan Sri Wan Zulkiflee Wan Ariffin remained as the president and chief executive of the group.

Ahmad Nizam replaces Tan Sri Mohd Sidek Hassan who completed his tenure as Petronas chairman on June 30, 2018.

Sidek was appointed Petronas chairman on July 1, 2012.

In early July, Petronas appointed Ainul Azhar Ainul Jamal to its board of directors.

Ainul Azhar was chairman and director of Schlumberger Malaysia.

The New Straits Times previously reported that Petronas could be facing several changes in its boardroom following the 14th General Elections.

Before Sidek left, the report said Mohd Omar Mustapha, chairman of Petronas’ remuneration committee, had tendered his resignation, effective June 30.

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