Wan Zulkiflee Wan Ariffin to Succeed Shamsul Azhar Abbas as Petronas CEO

Malaysia Prime Minister Najib Razak appointed Wan Zulkiflee Wan Ariffin as president and CEO of national oil company Petroliam Nasional Berhad (Petronas) to succeed incumbent Shamsul Azhar Abbas, who will step down March 31, according to a media statement from the Office of the Prime Minister Monday.

Wan Zulkiflee, Petronas' current chief operating officer and executive vice president (Downstream), will assume his new assignment April 1 under a three year contract that will expire March 31, 2018. The new CEO, who is 54 years old, also holds the post of chairman of Petronas Chemicals Group Bhd and Petronas Dagangan Bhd.

"The Prime Minister said Wan Zulkiflee has the qualifications and experience to bring continued success to the national oil company," Malaysia's Bernama news agency reported.

Wan Zulkiflee was one of four candidates believed to be on the government's shortlist for the top job in Petronas.

Senior vice president of Petronas' upstream business Mohd Anuar Taib -- a former Shell Malaysia chairman and vice president (upstream international) -- was understood to be one of the contender, local daily The Star said Monday.

Ahmad Nizam, managing director and CEO of Petronas' 80 percent-owned Engen Ltd. in South Africa, and Petronas'  current senior vice president of corporate strategy and risk Md Arif were the remaining two being considered for the CEO post.

Meanwhile, Petronas CEO Shamsul's contract, which ended Monday, was extended to March 31. He took over from former CEO Hassan Marican in February 2010 after joining Petronas in 1975.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)

Most Popular Articles

From the Career Center
Jobs that may interest you
Load Planner/ Dispatcher Frac Sand
Expertise: Dispatcher|Project Management
Location: Mansfield, TX
Project Engineer
Expertise: Electrical Engineering|Instrument & Controls Engineer|Project Management
Location: Deer Park, TX
Law IT Technical Analyst
Expertise: Legal|Technical Manager
Location: Houston, TX
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours