Datuk 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 is an advocate of a just and responsible energy transition by promoting regional partnerships across multiple stakeholder groups in policy shaping, innovation and technology.
Datuk Tengku Muhammad Taufik was a PETRONAS scholar and upon returning from his studies, he has held various important 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 two public listed companies before becoming a Partner at PricewaterhouseCoopers Malaysia leading the firm’s oil and gas practice. In 2018, Datuk 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.
Datuk 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 his 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 East Coast Economic Region Development Council (ECERDC) Audit Committee, National Trust Fund, Northern Corridor Implementation Authority (NCIA) Audit Committee and CEO Action Network. He is also a Council Member of World Business Council for Sustainable Development (WBCSD), the ECERDC and NCIA, a member of the Board of Trustees of the Merdeka Award Trust as well as a member of The National Emplyoment Council (Majlis Pekerjaan Negara).
Datuk Tengku Muhammad Taufik is a member of the World Economic Forum (WEF) Oil & Gas Governors Forum, WEF Industry Action Group and APEC Business Advisory Council (ABAC). He is also the Pro-Chancellor of Universiti Teknologi PETRONAS (UTP).
In 2021, he was conferred the Darjah Kebesaran Panglima Jasa Negara (P.J.N.) which carries the title “Datuk,” in recognition of his services to Malaysia.