ARMS appoints Kamandanu, King to join BOD
Saturday, June 7 2014 - 02:56 AM WIB
LSE-listed Asia Resource Minerals Plc (ARMS) named Bob Kamandanu and Dr Wallace King to join its board of directors (BOD) as independent non-executive directors.
?Following their appointment today, Bob Kamandanu and Dr Wallace King will stand for re-election at the Annual General Meeting on 27 June 2014, as stated in the Notice of Meeting issued on 2 June 2014,? said the company, which owns 85 percent of IDX-listed coal miner PT Berau Coal Energy Tbk., in a statement issued on Friday
Kamandanu, who has been proposed under the Borneo Relationship Agreement, is currently Chairman of the Indonesian Coal Mining Association and President and CEO of PT Delma Mining Corporation, a third generation CCoW coal company in Indonesia. He also serves as a director of Risco Energy, President Director of PT Avra Indonesia and as an Independent Commissioner of PT Samindo Resources Tbk. From 2006 to 2009 he served as President Director of PT Berau Coal and from 2009 to 2012 as a Commissioner.
He was educated in Indonesia and the US, and prior to joining PT Berau Coal, he served in a variety of roles at British American Tobacco, Cigna, Chandra Asri and Pirelli. He is a frequent industry speaker and draws on extensive mining experience and a broad business background of multinational and local companies.
King, who has been proposed by Nathaniel Rothschild, is currently Deputy Chairman and Member of the Remuneration Committee of Ausdrill Limited, a mining services company, a position he has held since 2011. He is also the Deputy Chairman of Sundance Resources Limited. He has been a non-executive director and member of various Board Committees of Coca-Cola Amatil since 2002. From 1968 to 2010, he worked at Leighton Holdings, Australia's largest construction company, in a variety of roles, ending his executive career as Chief Executive Officer and Group Managing Director.
As the former Chief Executive of one of the largest mining infrastructure companies in Asia, he brings a wealth of experience of both Indonesian and international mining. In addition to his current non-executive roles, he also serves on wide variety of fund raising and professional bodies in Australia.
Editing by Reiner Simanjuntak