Nation

Wan Zul reportedly quits as Petronas president/CEO

KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) is keeping mum on the purported resignation of its president/chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin, after five years at the helm of Malaysia's sole company listed on the Fortune 500.

In response to a query by Bernama, Petronas said it does not comment on market rumour or speculation, as per its practices.

"Official announcements, if any, will be made at the appropriate time," said Petronas in a statement to Bernama.

According to sources, the resignation of Wan Zulkiflee, fondly known as Wan Zul, is expected to be announced soon, and his vacant position will be filled by an internal candidate.

Wan Zul's contract was renewed for three years from April 1, 2018. It is unclear why he has decided to leave Petronas, where he has spent his entire career since 1983.

The news of his possible resignation was also reported by several news outlets since yesterday. - BERNAMA

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