KUALA LUMPUR, MALAYSIA
– Media OutReach – 11 February 2020
– PETRONAS President and Group Chief Executive Officer Tan Sri Wan Zulkiflee
Wan Ariffin is once again recognised as the only ASEAN CEO and sole Oil &
Gas CEO from Asia in the list of 100 best global Brand Guardians for 2020, by
Brand Finance, the world’s leading brand valuation authority.
[IMAGE CAPTION]
Tan Sri Wan Zulkiflee Wan Ariffin, PETRONAS President and Group CEO
receiving the Brand Guardianship Award from David Haigh, Brand Finance CEO at
the World Economic Forum in Davos, Switzerland.
Tan Sri Wan
Zulkiflee was globally ranked number 58 in this year’s list, up from 93 in the
previous year. He received the recognition from Brand Finance due to his
far-sighted stewardship of the Company in matters of business, brand and
sustainability as well as prudent management in steering the national oil and
gas company and industry forward.
Other eminent
business leaders in the Brand Guardians 2020 list include LVMH’s Bernard
Arnault, Facebook’s Mark Zuckerberg and Shell’s Ben van Beurden.
PETRONAS was also
recognised as ASEAN’s most valuable brand again, with the highest Brand Value
(BV) growth across all regional brands in the Global 500 at US$15.2 billion.
Brand Finance mainly attributed this recognition to the Company’s stronger
business performance, as well as a strong, positive forecast.
This recognition
complements PETRONAS’ climb up this year’s Top 500 Most Valuable Brands list to
number 120 from 130 the previous year.
Brand Finance CEO
David Haigh said: “PETRONAS, along with all the Oil & Gas giants, is facing
persistent market volatility. In facing the challenges, the Company has clearly
set its intentions to strive towards delivering energy solutions in a more
sustainable manner while strengthening its resiliency and continuing to be
agile.”
Based on the world’s
top companies by portfolio brand value, the Brand Guardianship Index rates CEOs
to capture how well they measure up as brand managers and ambassadors. Similar
to its Brand Strength Index, Brand Finance’s new metric score of 0-100
considers multiple inputs reflecting CEOs’ success in Investment, Guardian
Equity and Performance.
The 2020 iteration of
the Brand Finance Global 500 report on the world’s most valuable brands across
all sectors and countries was announced today at the World Economic Forum in
Davos, Switzerland.
About PETRONAS
Established
in 1974, Petroliam Nasional Berhad (“PETRONAS”) is Malaysia’s fully integrated
oil and gas multinational ranked among the largest corporations on FORTUNE
Global 500®. As the custodian of Malaysia’s national oil and gas resources, we
explore, produce and deliver energy to meet society’s growing needs. The
growing demand for energy inspires and strengthens our purpose to steadily
drive for new solutions and push boundaries towards a sustainable energy
future.
For further information, please visit www.petronas.com.
