Change in Boardroom
| PETRONAS CHEMICALS GROUP BERHAD |
| Date of change | 01 Jan 2027 |
| Name | ENCIK IZWAN BIN ISMAIL |
| Age | 51 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Managing Director |
| Directorate | Executive |
| Type of change | Appointment |
Qualifications
| No | Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
|
Masters
|
Business Administration |
Harvard Business School, Boston, USA |
|
|
|
Professional Qualification
|
Accounting |
Chartered Accountants Australia and New Zealand (CA ANZ) |
Fellow Member |
|
|
Professional Qualification
|
Accounting |
Malaysian Institute of Certified Public Accountants (MICPA) |
Member |
|
|
Professional Qualification
|
Accounting |
Malaysian Institute of Accountants (MIA) |
Member |
|
|
Degree
|
Bachelor of Commerce with a double major in Accounting and Information Systems |
University of New South Wales, Sydney, Australia |
|
| Working experience and occupation | Izwan brings over 29 years of experience spanning finance, corporate planning, strategy, commercial management, operations and technology. He began his career with Arthur Andersen in Sydney in 1997 before joining PETRONAS in 2000, where he served in Corporate Finance, Group Accounts and Group Treasury in its subsidiary, MISC Berhad. He subsequently held several senior positions within AET Group, including roles in finance, planning and corporate development. In 2013, Izwan assumed responsibility as Head of Corporate Finance in PETRONAS before joining the President's Office in 2017 as Executive Assistant to the President & Group Chief Executive Officer. In 2020, he was mobilised to PETRONAS Energy Canada Limited (PECL) as Chief Financial Officer, overseeing finance, strategy and commercial portfolios. He was appointed as President & Chief Executive Officer and Country Chairman for PETRONAS in Canada in 2022. During his career, Izwan contributed to the integration and restructuring of AET following its acquisition by MISC, supported significant Group funding arrangements and project financing initiatives, led PECL through a production growth phase and managing capital allocation amid challenging market conditions. His assignments across Kuala Lumpur, Sydney, Singapore, London and Calgary have also provided him with broad international and stakeholder experience. Since October 2024, he has served as Vice President, Group Technology & Commercialisation, where he leads PETRONAS' transformation of its AI and digital ecosystem, as well as its research and development ecosystem. He currently serves as Director of PETRONAS Gas Berhad and various subsidiaries within PETRONAS Group. He holds a Bachelor of Commerce with a double major in Accounting and Information Systems from the University of New South Wales, Australia, and a Master of Business Administration from Harvard Business School, United States. He is a Fellow of CA ANZ and a member of MICPA and MIA. |
| Directorships in public companies and listed issuers (if any) | 1. PETRONAS Chemicals Group Berhad 2. PETRONAS Gas Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | NIL |
| Any conflict of interests that he/she has with the listed issuer | Izwan bin Ismail is involved in the PETRONAS Group* via: (a) directorships held in companies within the PETRONAS Group*; and (b) his office as Vice President, Group Technology and Commercialisation, PETRONAS. His Involvement in the PETRONAS Group* may be viewed as potential conflict of interest. The Company has introduced and implemented measures to resolve, eliminate or mitigate such potential conflicts and continuously monitor, review and assess such potential conflicts of interests of Izwan bin Ismail being a Director of the Company. * Note: PETRONAS Group means Petroliam Nasional Berhad (PETRONAS) and its subsidiaries. PETRONAS is the holding company and major shareholder of PETRONAS Chemicals Group Berhad. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | 10,000 |
| Remarks : |
The Board of Directors, at its Special Meeting held on 2 October 2026, approved the appointment of Encik Izwan bin Ismail as Managing Director/Chief Executive Officer, effective 1 January 2027. |
Announcement Info
| Company Name | PETRONAS CHEMICALS GROUP BERHAD |
| Stock Name | PCHEM |
| Date Announced | 02 Oct 2026 |
| Category | Change in Boardroom |
| Reference Number | C03-25092026-00005 |