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Tan Sri Tengku Muhammad Taufik is the President and Group Chief Executive Officer of Petroliam Nasional Berhad (PETRONAS). He 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 developing and steering key business strategies, organisational transformation, and financial and risk management. He has vast experience in strategic planning, finance, and business strategy development with a focus on the oil and gas and energy industry. He continues to advocate a just and responsible energy transition by promoting regional partnerships across multiple stakeholder groups in policy shaping, innovation and technology.
Tan Sri Tengku Muhammad Taufik was a PETRONAS scholar and upon graduation, has held various key roles in the Group. He 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 Officer (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 the two public listed companies before becoming a Partner at PricewaterhouseCoopers Malaysia, leading the firm’s oil and gas practise. In 2018, Tan Sri Tengku Muhammad Taufik returned to PETRONAS as the Executive Vice President and Group CFO and was at the same time 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.
Tan Sri Tengku Muhammad Taufik was appointed President and Group CEO of PETRONAS in July 2020, responsible for the formulation, direction and steering of key strategies of this fortune 500 global organisation.
In addition to his responsibilities in PETRONAS as well as board stewardship in the above companies, he is the Chairman of the Gentari Board of Directors, Chairman of the National Trust Fund, Exco Member of the World Business Council for Sustainability Development (WBCSD), Chairman of the East Coast Economic Region Development Council (ECERDC) Audit Committee. He is also a Council Member of the ECERDC and NCIA, a member of the Board of Trustees of the Merdeka Award Trust.
Tan Sri Tengku Muhammad Taufik is a member of the World Economic Forum (WEF) Oil & Gas Governors Forum, and WEF Industry Action Group. He is also the Pro-Chancellor of Universiti Teknologi PETRONAS (UTP).
Sarawak Energy Berhad is an energy development company and a vertically integrated power utility with a vision to achieve sustainable growth and prosperity for Sarawak by meeting the region’s need for reliable and renewable energy.
Built on a strong foundation of 100 years as an effective utility company, Sarawak Energy is taking bold steps to support the transformation of Sarawak in its vision to become a developed state by the year 2030.
