Indonesian Political, Business & Finance News

Caltex boss named IPA president

| Source: JP
<p>Caltex boss named IPA president</p><p> JAKARTA (JP): The president and chairman of the managing board
of PT Caltex Pacific Indonesia (CPI), Baihaki H. Hakim, was
recently elected the president of the board of directors of the
Indonesian Petroleum Association (IPA) for 1999.</p><p>The company announced that Baihaki would replace Ronald I.
Wilson from Mobil Oil when he finishes his term at the end of the
year. Baihaki and other officers were elected at the IPA general
meeting in Jakarta. He assumes the presidency effective on Jan.
1, 1999, for a one-year term.</p><p>Baihaki, an active member of IPA since its establishment, was
appointed IPA convention chairman and a member of IPA's board of
directors in 1995.</p><p>IPA was founded in March 24, 1971, as a nonprofit professional
organization by representatives of Pertamina, Lemigas, British
Petroleum, Caltex, Jenny Joint Venture, Shell and Union Oil.</p><p>The organization is known in the industry for its innovative
ideas, especially in technology transfer. Its mission is to
promote greater understanding and development of the petroleum
industry in the country.</p><p>Major IPA programs include conventions, university assistance,
short courses, workshops, symposia, technical publications, and
data management.</p><p>At present, the organization has 54 company members and 132
associate members, proved to be a valuable forum for ideas to
move the industry forward in these of times of low oil prices.
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