Pertamina CFO to be replaced

Government will replace Pertamina's finance director Frederick T. Siahaan and move him to new post as director for business development and risk management. Another important replacement will be on marketing director Achmad Faisal.

People at the ministry of state-owned enterprises said Frederick will be replaced by Evita Tagor, who is currently deputy for financing and risk management at the state-owned oil and gas company. Achmad Faisal, meanwhile, will be replaced by Hanung Budya, who is currently deputy marketing director. Bagus Sudaryanto and Triharyo Indrawan Soesilo will also be appointed director of upstream and processing respectively. Triharyo is currently president director of PT Rekayasa Industri, a subsidiary of state-owned fertilizer company PT Pupuk Sriwijaya.

New political landscape, new cabinet, new ministers, and as usual, new members of board of directors and commissioners at state-owned companies.  

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