The Ministry of State-Owned Enterprises (SOE) has again overhauled the composition of PT Pertamina’s board of directors. Former Director of PT Garuda Indonesia Pahala Mansury has been appointed Finance Director, replacing Arief Budiman who has become President Director of PT Danareksa.
Heru Setiawan has taken the position of Director of Planning and Investment, which was previously held by Gigih Prakoso. “The replacement of directors is a natural thing and is the authority of shareholders. Old officials are honourably dismissed,” said Pertamina Corporate Communication Vice President Adiatma Sardjito.