Thursday 16 February 2012

EX-PETRONAS CHIEF TO HELM SINGAPORE POWER GIANT



BOARDS....Hassan has gone on to join the boards of several Singapore energy firms since leaving Petronas.

EX-PETRONAS CEO, Tan Sri Hassan Marican is set to become Chairman of Singapore Power Limited (SP) in June succeeding Ng Kee Choe who will retire on June 12, according to Energy Asia.

The news portal that focuses on the energy industry reported this yesterday, citing the island republic’s utility giant.

Marican, who left the national oil company at the beginning of 2010 allegedly due to friction with the Najib administration, has been accepting directorships with several foreign firms in the energy sector.

Among them are Singapore government-linked companies including SembCorp Industries Limited, SembCorp Marine Limited and Singapore Power, which he joined on February 15, 2011. He is also a director at Sarawak Energy Berhad and US oil and gas giant ConocoPhillips.

Marican, 58, was part of the board that had appeared to have clashed with Prime Minister Datuk Seri Najib Razak back in late 2009 over the appointment of a former senior aide as a Petronas director despite the prime minister having absolute powers in board appointments.

It was reported then that the former aide, Omar Mustapaha, was rejected twice and later appointed only after Najib had put his foot down.

Petronas had also decided not to sponsor the Malaysian-backed Lotus F1 Racing team, going instead with the Mercedes Formula One team.

Marican was widely credited with turning Petronas into the only other state-run major international player in the oil and gas space apart from Norway’s Statoil.

The former Petronas chief, who stepped down on February 2010 after 15 years with the company, was appointed a director with Singapore’s Sembcorp Industries in June of the year.

Marican’s flurry of overseas appointments also comes at a time when Malaysia is grappling with a chronic brain drain that threatens to derail its ambitions to become a developed country.

11 comments:

  1. Masalah graduan tempatan bekerja di luar negara ini wajar ditangani oleh kerajaan kita supaya boleh mengekalkan pekerja yang baik dalam negara.

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    1. ya.. ramai sebenarnya yang rakyat Malaysia yang berkemahiran, tapi mereka kebanyakkannya bekerja di luar negara, mereka seharusnya berbakti pada negara, itu lebih baik.

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    2. kerajaan perlu mengkaji semua polisi yang dibuat di negara ni dan memperbaiki apa yang telah menyebabkan mereka lebih cenderung untuk bekerja di luar negara.

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  2. Terkejut saya mendengar keputusan Petronas untuk menaja Mercedez daripada menyokong Lotus.

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  3. Clearly there are some qualities Singapore’s Sembcorp Industries see in this man.

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  4. Hopefully our leader will put their difference aside and continue to engage with this man of inovation, thus putting our nation on the right path in achieving our nation's ultimate goal by 2020

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  5. congrats to Tan Sri Hassan Marican.

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  6. Apa pun tahniah kerana diberikan peluang untuk berkhidmat di Singapore..

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  7. bagaimana negara maju seperti Singapura boleh meletakkan kepercayaan terhadap bekas CEO Petronas ini??

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