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Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY


COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordinary general meeting of shareholders in Jakarta on Thursday has approved  Eko Santoso Budianto appointment as President Director of PT Berau Coal Energy.

Rosan Roeslani has resigned as president director of PT Berau Coal Energy recently.

Eko Budianto Santoso, served as the first CEO of PT Berau Coal Energy Tbk, and also served as the Director of Operations of PT Berau. Eko, responsible for ensuring all aspects of activities ranging from exploration to delivery of coal and environmental and safety done efficiently and optimally.

“We want to continue improving and upgrading efficiency at Berau. We want to continue making further management changes,” Von Schirnding, chief executive officer, Bumi plc the 84.70 percent owner of PT Berau Coal Energy said yesterday.

Bumi plc is working on a separation plan with its 23.80 percent indirect shareholder Bakrie Group. Under the plan, Bakrie Group will take over Bumi plc’s entire 29.20 percent stake in Bumi Resources in a share swap and cash transaction worth US$ 278 million. According to media reports, Berau, which is 84.70 percent owned by Bumi plc and the remaining amount by the public, obtained approval from shareholders on Thursday about changes in its board of directors and commissioners, according to the Jakarta Post.

According to media reports, the Berat is targeting to produce around 23.5 million tons of coal with a sales target of 23 million tonnes in 2013.



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