KUALA LUMPUR: Tan Sri Shahril Shamsuddin, the founder of Sapura Energy Bhd, is retiring from his executive post in March after spending 25 years leading the oil and gas company.
He will be replaced by Datuk Mohd Anuar Taib, the former executive vice-president at Petroliam Nasional Bhd.
“Under his leadership, Sapura Energy has grown from a domestic focused player into a renowned global oil and gas company serving the entire upstream value chain," chairman Tan Sri Shamsul Azhar Abbas said in a statement today.
“Shahril’s legacy will be the Group’s highly skilled and technically capable multinational human capital, strategic world-class assets, sound processes and strong project management capabilities.”
Shahril will be stepping down for his posts in the company on his retirement of 60 on March 22, 2021.
The company has appointed Anuar as Chief Operating Officer and CEO Designate effective Oct 1, as part of a six-month transition.
Anuar was appointed independent and non-executive director of Sapura Energy in August 2020.
“We are transforming Sapura Energy to remain relevant and competitive in the new energy landscape," Shahril said.
"Our agile strategy, the right capabilities and entrepreneurial spirit nurtured throughout the years will enable us to embrace the new energy transition,” he added.
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