<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 28): Datuk Mohd Anuar Taib, who is the head of Petroliam Nasional Bhd's upstream division, is stepping down as the chairman of Petronas Gas Bhd (PetGas).</p></div>

<div class=newsTextDataWrapInner><p>PetGas has appointed Anuar's colleague Adif Zulkifli to take up the chairmanship, effective next month. Adif, 49, is currently the executive vice president and chief executive officer of the gas and new energy business division in Petronas.</p></div>

<div class=newsTextDataWrapInner><p>PetGas explained in a filing to Bursa Malaysia that the manpower movement is the result of "internal organisation".</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The appointment of Adif, said PetGas, is in line with the internal reorganisation of Petronas, whereby PetGas is now under the portfolio of the Gas &amp; New Energy Business.</p></div>

<div class=newsTextDataWrapInner><p>Adif, it added, is responsible for Petronas' mid-stream gas assets, liquefied natural gas (LNG) marketing, and new energy.</p></div>

<div class=newsTextDataWrapInner><p><em>The New Straits Times</em> quoting sources reported that Anuar has resigned from Petronas due to personal reasons.</p></div>

<div class=newsTextDataWrapInner><p>Anuar, 51, is currently the executive vice president and CEO of Petronas Upstream Business. He was the vice president of Shell Upstream International Asia and chairman of Shell Malaysia before he joined Petronas as the senior vice president of Petronas Upstream in 2012.</p></div>

<div class=newsTextDataWrapInner><p>Petronas declined to comment on the news report on Anuar when contacted.</p></div>


Datuk Mohd Anuar Taib, who is the head of Petroliam Nasional Bhd's upstream division, is stepping down as the chairman of Petronas Gas Bhd (PetGas).

PetGas has appointed Anuar's colleague Adif Zulkifli to take up the chairmanship, effective next month. Adif, 49, is currently the executive vice president and chief executive officer of the gas and new energy business division in Petronas.

Anuar Taib steps down as PetGas chairman, replaced by Adif Zulkifli

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<p>Alliance Bank Malaysia Bhd (KL:ABMB) sees insignificant impact towards its profit and loss (P&amp;L), should the banking sector moves away from the “Rule of 78” method for calculating interest on personal financing.</p>


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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


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<p>Here’s a quick look at some of the stories that made headlines today.</p>


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<p>A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.</p>


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