Former PETRONAS chief named chairman of energy company

April 27, 2013

Dateline 2013-04-05, The Malaysian Insider:

Former Petronas CEO Tan Sri Hassan Marican has been named as chairman of Pavilion Energy Pte, a new energy company under Singapore’s investment fund Temasek Holdings.

Hassan, who left the national oil company at the beginning of 2010 allegedly due to friction with the government, has been accepting directorships with several foreign firms in the energy sector, including as chairman of Singapore Power Ltd in February last year.

According to a Bloomberg report, Hassan was appointed together with chief executive Seah Moon Ming who joined Temasek in March.

The report pointed out that Pavilion Energy was set up with an initial authorised capital of S$1 billion (RM2.47 billion), to capitalise on the growing demands in Asia, especially on liquefied natural gas (LNG).

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Guan Eng: Hassan Marican’s Singapore jobs ‘sad day for Malaysia’

March 6, 2012

Would you agree?

Dateline 2012-02-16:

Lim Guan Eng chastised the Najib administration today for failing to keep Tan Sri Hassan Marican within its ranks, saying the former Petronas CEO’s latest appointment in Singapore showed Malaysia’s failure to plug its talent leak.

The Penang chief minister referred to Hassan as a rare talent and expressed sadness that the latter has been widely appreciated abroad and among big multinational corporations “but not at home”.

“This is extremely sad, especially when Tan Sri Hassan is widely credited as the man who turned Petronas into the leading international oil and gas company that it is today,” Lim  said in a statement.

The Malaysian Insider yesterday cited a report by news portal Energy Asia revealing that Hassan is set to become chairman of Singapore Power Limited (SP) in June, succeeding Ng Kee Choe who will retire on June 12.

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