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Petronas chief heads to Malaysia Airlines in state-sector shake-up

Oil industry veteran Wan Zulkiflee tasked with turning around troubled carrier

Outgoing Petronas CEO Wan Zulkiflee Wan Ariffin will take the chairman's seat at Malaysia Airlines next month.   © Reuters

KUALA LUMPUR -- The president and CEO of Malaysia's state energy group Petroliam Nasional Berhad, or Petronas, has been appointed to serve as chairman of debt-stricken national carrier Malaysia Airlines, Prime Minister Muhyiddin Yassin said Saturday.

Wan Zulkiflee Wan Ariffin will take the helm of the struggling airline. He will be replaced at Petronas by the company's chief financial officer, Muhammad Taufik Aziz, who will be promoted to president and CEO. Both appointments are effective July 1, said Muhyiddin.

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