Telkom names new board of directors

Telkom names new board of directors

State-owned telephone operator PT Telekomunikasi Indonesia
named its new board of directors late on Friday with Kristiono
taking over as the new managing director from M. Nazief.

Previously, Kristiono was Telkom's Director for Planning and
Technology.

The shareholders' meeting also appointed economist Arif
Arryman as an independent commissioner and retained Bacellius
Ruru as the company's chief commissioner, Detik.Com reported.

Agus Utoyo, Telkom's head of restructuring projects, was
appointed as the new director of human resources, while Garuda
Sugardo, the operational and technical director of state-owned
telecommunications firm PT Indosat, was named as the new director
of operations and marketing.

Suryatim Setyawan, a Telkom special advisor, was appointed as
the new director of planning and technology, while Guntur
Siregar, Indosat's business director, was appointed as the new
director of finance.

Telkom also said on Friday that it had canceled a plan to
issue US$100 million in bonds after the government raised
concerns over its plans to raise debt overseas while it generates
its revenue in local currency. -- JP