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    Malaysia&#;s PETRONAS announces new chairman

    Malaysia’s state-owned oil and gas company Petroliam Nasional Berhad (PETRONAS) announced that its current chairman, Tan Sri Ahmad Nizam Salleh, will be retiring from the company and its board after having served his three-year contractual tenure from 1 August to 31 July

    Upon his retirement, Ahmad Nizam will assume the role of chairman in Pelaburan Hartanah Bhd.

    He remains as chairman of the KLCC Group of Companies, which includes the KLCC Stapled Group that comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT).

    Prior to assuming the role of PETRONAS Chairman, Ahmad Nizam served the PETRONAS in various leadership positions for 37 years, prior to assuming the role of chairman. 

    “It has truly been a privilege to have served PETRONAS for the past 40 years, bearing witness to and being directly involved in its many milestones of growth and accomplishments that have taken the Company to where it