Tengku Muhammad Taufik
President & Group CEO
- P2: MARKET GROWTH ENABLERS IN THE GAS INDUSTRY
Tengku Muhammad Taufik, a Malaysian aged 46, holds a Bachelor of Arts (Honours) Degree in Finance & Accounting from the Strathclyde University, Glasgow, Scotland. He is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) and a Member of the Malaysian Institute of Accountants (MIA). His areas of expertise include project analysis, capital projects structuring and risk management and he has vast experience in strategic planning investment valuations, developing entry strategies for businesses and structuring fit-for-purpose funding requirements as well as developing and executing key stakeholder engagement strategies; with a focus on the oil and gas industry.
Tengku Muhammad Taufik has a long association with PETRONAS. He was a PETRONAS scholar and upon returning from his studies he had been posted to various important roles in the Group. He had served as the Executive Assistant to the late PETRONAS Chairman, Tun Azizan Zainul Abidin and later held numerous leadership roles including as the General Manager / Chief Financial Offer (CFO) – KLCC Property Holdings Berhad, Head, Finance & Risk Management (Gas & Power) and Head, Group Strategic Planning.
Between 2012 and 2018, he served as Deputy CFO and CFO of two public listed companies before becoming the Partner at PricewaterhouseCoopers Malaysia who led the firm’s oil and gas practice. In 2018, Tengku Muhammad Taufik returned to PETRONAS as the Executive Vice President and Group CFO and at the same time was also appointed as the Executive Director of the PETRONAS Board. He also currently holds Board positions in PETRONAS Carigali Sdn Bhd, PETRONAS International Corporation Ltd as well as PETRONAS Refinery and Petrochemical Corporation Sdn. Bhd.
Tengku Muhammad Taufik was appointed President and Group CEO of PETRONAS in July 2020.
Outside his day-to-day responsibilities in PETRONAS as well as board stewardship in the above companies, he is the Chairman of East Coast Economic Region Development Council (ECERDC) Audit Committee, National Trust Fund and Northern Corridor Implementation Authority (NCIA) Audit Committee. He is also a Council Member of the ECERDC and NCIA, as well as a member of the Board of Trustees of the Merdeka Award Trust, World Economic Forum (WEF) Oil & Gas Governors Forum and WEF Industry Action Group.