Addendum
Malaysia Airlines appoints oil and gas boss as non-executive chairman
June 1st 2020
A Petronas president and CEO, Tan Sri Wan Zulkiflee, is the new non-executive chairman of Malaysian Aviation Group (MAG). Read More » He succeeds Tan Sri Md Nor Yusof, who resigned in March, 2019.
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Until his MAG appointment Tan Sri Wan had spent his entire career, since 1983, at Malaysia’s Petronas. He had been its president and CEO for five years until he resigned earlier this month and accepted the chairmanship of the national airline.
Malaysia media recently reported the flag carrier, which has been financially stricken for more than a decade following the departure of Idris Jala to serve as a minister at large in the Malaysian government, needs US$5.15 billion to keep afloat until 2025.
MAG CEO, Captain Izham Ismail, said in a statement: “Tan Sri Wan’s leadership and illustrious career at Petronas prove he is the most suitable candidate to lead MAG forward as a strong player in the aviation industry and a crucial enabler of national development.”
The appointment is effective from July 1.
