Kunlun Energy (HKG:0135) said Fu Bin resigned as board chairman on April 1 due to retirement.
Liu Guohai was appointed as the new board chairman, effective immediately, according to a Tuesday disclosure with the Hong Kong Exchange.
Liu has over 30 years of experience in the oil and natural gas industry. He joined PetroChina (HKG:0857, SHA:601857) in 1994 and has held various leadership roles within the group since.