Pertamina to have new boss

Pertamina to have new boss

JAKARTA (JP): State oil and gas firm Pertamina will have a new
boss today, with finance director Soegianto replacing incumbent
Faisal Abda'oe, Antara reported.

"The inauguration will take place tomorrow (today). The
replacement will come within the company," Minister of Mines and
Energy I.B. Sudjana told journalists yesterday.

Antara said rumors on the promotion of Soegianto to the
company's top position had been spreading for the past two
months.

Before that, several names had also been circulated, including
the director general of customs and excise, Soehardjo Soebardi.

Soegianto started his career with Pertamina in 1960, after
completing his studies at the University of Indonesia's School of
Economics.

Two years later, he was appointed as head of the finance
department at Pertamina's Processing Unit IV in Balikpapan, East
Kalimantan.

He was promoted two years later to finance manager at
Pertamina's Processing Unit I in Pangkalan Brandan, North
Sumatra.

In 1978, he was sent to Pertamina's headquarters in Jakarta to
lead the accounting department, under the finance directorate.

In 1986, he was transferred to the budgetary department under
the same directorate.

Soegianto replaced Abda'oe as finance director in 1988, when
the latter was sworn-in as the company's president. Abda'oe is
Pertamina's second longest serving president after Ibnu Sutowo.

Today, Soegianto is scheduled to again step into Abda'oe's
shoes by becoming president of Pertamina, one of the world's
richest companies. (rid)