TNB mum on leadership change rumours

TheStar Thu, Mar 14, 2019 03:48pm - 5 years View Original


TNB president and CEO Datuk Seri Azman Mohd has been with the power giant since 1979.

TNB president and CEO Datuk Seri Azman Mohd has been with the power giant since 1979.

PETALING JAYA: Tenaga Nasional Bhd (TNB) has neither confirmed nor denied that there would be a change in leadership of the state-owned electricity giant.

It said in a statement on Thursday that any material statement on changes of the company’s leadership or matters that will affect the company will be issued officially at the appropriate time.

   
News reports have surfaced about president and CEO Datuk Seri Azman Mohd being told to relinquish his positions.

It was claimed that Azman, who has been with TNB since 1979, was served a notice to resign last Friday.

The 62-year-old was appointed CEO on July 1, 2012.

The alleged notice for him to resign has raised questions as Azman’s contract was only extended for the second time last year for a two year period from July 1, 2018 to June 30, 2020.

Sources have indicated that UEM Edgenta Bhd’s non-executive chairman Amir Hamzah Azizan would succeed Azman.

Amir Hamzah is the son of the late former Petronas president and CEO Tun Azizan Zainul Abidin.

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