Petroliam Nasional Berhad (PETRONAS), Malaysia’s state-owned oil and gas company, has announced a new leadership team, following a strategic review of its business operating model to improve efficiency, make the organization more resilient and sustainable in the midst of challenging times in the oil and gas industry.
The leadership lineup, together with the new high level group organisational structure, was unveiled by PETRONAS President and Group Chief Executive Officer, Datuk Wan Zulkiflee Wan Ariffin at a recent gathering for PETRONAS employees. The structure sees new appointments from within the organisation, effective April 1, 2016, and the departure of some whose service contracts have expired.
The new leadership team is comprised of the following:
President & Group Chief Executive Officer
Datuk Wan Zulkiflee Wan Ariffin
Executive Vice President & Chief Executive Officer, Upstream
Datuk Mohd Anuar Taib
Executive Vice President & Chief Executive Officer, Downstream
Md Arif Mahmood
Executive Vice President & Group Chief Financial Officer
Datuk Manharlal Ratilal
Senior Vice President, Project Delivery & Technology
Senior Vice President, Corporate Strategy
Senior Vice President & Group General Counsel
Mohamad Rauff Nabi Bax
Senior Vice President, Group Human Resource Management
Dato’ Raiha Azni Abdul Rahman
Vice President, Group Health, Safety, Security & Environment
Senior General Manager, Group Strategic Communications
Zahariah A. Rahman
Senior General Manager, Group Internal Audit
Syed Sheikh Syed Idrus Alhabshi
The new structure, which is designed to be flatter, leaner and more efficient, is part of deliberate, sequential measures that PETRONAS is undertaking to better navigate the organisation through tough external environments.
It marks the start of a total group-wide transformation geared towards making it more resilient and focused to thrive both in the current and future industry landscapes.
Consequently, this group-wide transformation is expected to result in redundancies of less than 1,000 positions. PETRONAS will embark on a separation exercise for these employees as needed, which is expected to be completed over the next six months.