Monday, September 04, 2006

People on the move

State-owned pharmaceutical company PT Indofarma Tbk appointed M. Syamsul Arifin as CEO replacing Danny Pratomo. Mr Arifin is former finance director at PT Kimia Farma Tbk (also a SOE).

Ahmad Fuad Afdhal and Rhenald Khasali were also replaced as commissioners at Indofarma.
Meanwhile PT Excelcomindo Pratama Tbk has appointed Hasnul Suhaimi, former PT Indosat Tbk, as the new CEO. Bisnis Indonesia reported Evan Ball has been replaced as managing director of PT Kaltim Prima Coal, a subsidiary of PT Bumi Resources Tbk. Mr Ball is replaced by Mr Endang Ruchijat, previously former managing director at PT Arutmin Indonesia, also a subsidiary of Bumi Resources.

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