Mohd Sidek rumoured to quit soon.
Tan Sri Mohd Hassan Merican is speculated to make a return to Petroliam Nasional Bhd (Petronas) as its new chairman to succeed Tan Sri Mohd Sidek Hassan, who is rumoured will tender his resignation soon.
He was the president and chief executive officer of Petronas from 1995 until his retirement in February 2010.
Hassan has more than 30 years of experience in the energy sector, as well as in finance and management.
It was believed that Hassan’s contract with Petronas was not renewed by former Prime Minister Datuk Seri Mohd Najib Razak.
Hassan is one of the members of Prime Minister Dr Mahathir Mohamad’s Council of Eminent Persons.
He is also chairman of Sembcorp Marine Ltd and senior international adviser at Temasek International Advisors.
Hassan holds an honorary doctorate from the University of Malaya and is a Fellow of the Institute of Chartered Accountants in England and Wales.