Pertamina appoints chief of top unit

Pertamina appoints chief of top unit

JAKARTA: PT Pertamina, Indonesia's state oil company, appointed Ari
Soemarno as the new president of its oil trading unit, said Harry
Poernomo, vice-president for downstream affairs at Pertamina.

Soemarno, whose appointment took effect yesterday, replaced
Sungkono Wahju, said Harry in Jakarta on Thursday.

"It's just a normal reshuffle, part of a five-year
cycle," Poernomo said. "The old management has worked for five
years."

Soemarno is the older brother of Rini Soewandi, Indonesia's
trade and industry minister. Soemarno previously worked in
Pertamina's downstream oil department.

Other directors of the trading unit, Pertamina Energy
Trading Ltd., were also replaced, Poernomo said, without giving
details. The trading unit also has an office in Singapore. --
Bloomberg