KUALA LUMPUR: Tenaga Nasional Bhd (TNB) said an official announcement will be made on changes to its leadership when the “time is appropriate”.
The statement came in response to a news report in NST Business today that president and chief executive officer (CEO) Datuk Seri Azman Mohd had been given a notice to resign and to relinquish his position.
“In accordance with the company’s practice, any material statement on changes of TNB’s leadership or matters that can/will affect the company will be issued officially at the appropriate time,” the utility company said in a statement today.
The news came despite his two-year contract extension which was not due until June 30, 2020.
Azman was said to be given notice to resign last Friday and the new appointment is already in effect since March 1.
UEM Edgenta Bhd chairman Amir Hamzah Azizan had emerged as Azman's potential successor, adding that the announcement on the management changes could be expected by this week.
Azman has held several key positions since joining TNB in 1979, from a district office electrical engineer to state general manager, senior general manager of operational region 2 and vice-president of distribution.
He was appointed as president and CEO in July 2012.