Petronas confirms Mohd Anuar leaving the company


Datuk Mohd Anuar Taib (picture) is leaving Petroliam Nasional Bhd (Petronas) after notifying the national oil and gas (O&G) company of his intention this week.

Petronas chairman Datuk Ahmad Nizam Salleh said Mohd Anuar, who serves as Petronas executive VP and CEO for upstream, notified the company two days ago that he will be stepping down for personal reasons.

“Petronas, as a group, has a strong retention policy, but we do respect personal choices,” Ahmad Nizam told reporters during the company’s financial briefing in Kuala Lumpur today.

“Mohd Anuar has already notified us of his personal preference (to leave the company) and we respect that,” he said, adding that the departure is not expected to impact the company’s business going forward and that a succession plan is already in place.

“We have a strong succession plan and we don’t think that (the departure) will have any impact on our execution of business plans and strategies.”

He said Mohd Anuar’s successor will be announced over the short-term.

Mohd Anuar joined the national O&G company in 2012 and his departure confirms earlier speculations that he was to leave the company due to personal reasons. Petronas initially denied the reports when they first surfaced in June this year.