Mohd Sidek steps down as Petronas chairman

According to an internal circulation obtained by StarBiz, Petronas staff were asked to assemble at the lobby of the Petronas Twin Towers at about 4.45pm to

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has announced that Tan Sri Mohd Sidek Hassan has completed his tenure as chairman on June 30, following the fulfilment of his extended three-year contract beginning July 1, 2015.

Last week, StarBiz reported that Petronas staff were asked to assemble at the lobby of the Petronas Twin Towers at about 4.45pm to “bid a warm farewell” to Mohd Sidek on June 27. It added that Mohd Sidek would be away on a “business trip” the following day.

In a statement Monday, Petronas said Sidek was appointed as chairman of the Petronas Board on July 1, 2015. Prior to assuming this role, he spent 38 years in the civil service and retired as the twelfth Chief Secretary to the Government.

“Petronas like to thank Sidek for his contributions and commitment in providing guidance and stewardship to the Petronas Board over the last six years. We wish him all the best in his future undertakings,” the national oil company said.