New heads appointed for Malaysia Airlines, Petronas


At the helm: Wan Zulkiflee (left) and Tengku Muhammad Taufik.

PETALING JAYA: Two of the country’s top corporate leaders will be taking charge of Malaysia Airlines and Petronas beginning from July 1.

Tan Sri Wan Zulkiflee Wan Ariffin has been appointed the new Malaysia Airlines chairman while Tengku Muhammad Taufik Tengku Aziz will be the new Petronas group president and chief executive officer.

“In light of the current challenging economic landscape, a few companies owned by the government must be strengthened to face the new normal.

“The government continues to review the leadership of government-linked companies to ensure the streamlining of policies and reaching the country’s socio-economic objectives,” Prime Minister Tan Sri Muhyiddin Yassin said in a statement.

On behalf of the government, Muhyiddin thanked Wan Zulkiflee for his leadership and contributions over the past 37 years in Petronas.

“He has managed Petronas successfully, leaving the corporation with a stable financial standing.

“Petronas is the only government company that has a good international credit evaluation and still listed in Fortune Global 500.

“I believe Malaysia Airlines will be restructured and expanded further as the country’s national carrier so that it will remain competitive,” he said.

Muhyiddin also congratulated Tengku Muhammad Taufik on his appointment.

“The oil and gas industry is currently facing major challenges due to the uncertain oil prices and global economic downturn.

“I believe with Tengku Muhammad Taufik’s skills and experience, he will be able to lead Petronas to new heights along with the current chairman Datuk Ahmad Nizam Salleh,” he said.

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