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PTT Drives Business Transparency for Sustainability

          Mr. Chansin Treenuchagron, President and Chief Executive Officer of PTT Public Company Limited (PTT) revealed that PTT revised investment plans and relocated qualified executives to fit the current situation and prepare for forthcoming challenges. Also, PTT committed to undertake business upon the sustainable management by balancing the 3P i.e. development of human resource, community and society (People), conservation of natural resources, and environment (Planet), and sustainable business (Prosperity).
          PTT and Thai Oil Public Company Limited (TOP) board of directors considered to relocate PTT group top executives based on performance, work experiences, and good corporate governance as follows:
          1. Mr. Atikom Terbsiri currently serves as CEO and President of TOP will become Chief Operating Officer, Upstream Petroleum and Gas Business Group at PTT, effective 1 September, 2019
          2. Mr. Wirat Uanarumit currently serves as Chief Operating Officer, Upstream Petroleum and Gas Business Group at PTTwill become CEO and President of TOP, effective 1 September, 2019

          Moreover, PTT and PTT Global Chemical Public Company Limited (GC) board of directors appointed new executives as follows:
          1. Mr. Kongkrapan Intarajang currently serves as Chief Operating Officer, Upstream Petrochemical Business at GC will become CEO of GC, effective 1 October, 2019
          2. Mr. Patiparn Sukorndhaman currently serves as Chief Operating Officer, Downstream Petrochemical Business at GC will become President of GC, effective 1 October, 2019
          For the appointment of changes in PTT executive vice president and vice president to replace those retiring in 2019, PTT policy is to announce the appointment 3 months earlier so that the new executives will have time to prepare and keep business continuity as they step into these position.
          "It's a typical for PTT to revise business plan and strategy, in addition to the changes of executive management who has an excellent talent, experiences and good corporate governance. This replacement follows HR recruitment policy to ensure it will support the company strategy and be able to handle changes placed upon the business in the future. Our mission is to pursue cooperation and sustainability, leading PTT to be the national pride and good governance company," Mr. Chansin said