Inco gets new president

Inco gets new president

JAKARTA (JP): PT Intercontinental Nickel Indonesia (Inco)
announced yesterday that Rumengan Sumu will replace James D.
Guiry on Sept. 1 as its new president and chief executive
officer.

The company said in a statement here that M.V. Wyshynski, in
turn, will replace Sumu as senior vice president and chief
operating officer, based at the company's nickel mining site in
Soroako, southern Sulawesi.

The company also announced the appointment of B.R. Tobing as
vice president for production and A.C. Daenuwy as vice president
for technical services.

Inco, a subsidiary of Inco Limited of Canada, is listed on the
Jakarta and Surabaya stock exchanges.

Inco reported a recent surge in its net profit for the first
six months of 1995 to $39 million from $16.1 million in the
corresponding period of 1994.(riz)