Thursday, December 15, 2022

Malaysian Government directive terminating the services of all political appointees at all GLCs may mean Petronas is now left without a board of directors

 by Ganesh Sahathevan 


The Malay Mail and others have reported:

 Prime Minister Datuk Seri Anwar Ibrahim's government has sacked all chairmen and board members of government-linked companies, statutory bodies and and state-investment fund appointed politically with immediate effect,


The directive has serious implications for the national oil company, where board appointments are invariably by order of the Prime Minister, who has sole ministerial oversight of the company, and all its subsidiaries. 
The directive must means the removal of all Petronas directors, leaving the company without a board of directors.. The same is likely to be the case for all Petronas subsidiaries. 

The current board of directors is led led by chairman Bakie Salleh.



Board of Directors



Tan Sri Dato’ Seri Mohd Bakke Salleh                                                                                                           Chairman

Non-Independent
Non-Executive Director/
Chairman


YM Datuk Tengku Muhammad Taufik Tengku Kamadjaja AzizPresident &
Group Chief Executive Officer

Executive Director


Ainul Azhar Ainul JamalChairman of Audit Committee

Member of Nomination &
Remuneration Committee

Independent Non-Executive Director


Dato’ Razali Mohd YusofChairman of Nomination &
Remuneration Committee

Member of Risk Committee

Independent Non-Executive Director


Thayaparan S. SangarapillaiChairman of Risk Committee

Member of Audit Committee

Independent Non-Executive Director


Datuk K Y MustafaNon-Independent
Non-Executive Director


YB Dato Haji Ibrahim Haji BakiMember of Risk Committee

Non-Independent
Non-Executive Director


Datuk Seri Asri Hamidin @ HamidonNon-Independent
Non-Executive Director


Tan Sri Zaharah IbrahimMember of Audit Committee

Member of Nomination &
Remuneration Committee

Independent
Non-Executive Director


Liza MustaphaExecutive Vice President &
Group Chief Financial Officer

Executive Director


Datuk Johan Mahmood MericanAlternate Director to Datuk Seri Asri Hamidin @ Hamido





END 

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