Bumi hails Nick's performance

By Romel S. Gurky

London-listed Bumi plc asserted qualification of Nick von Schirnding as Bumi's Chief Executive Officer.

"The board confirms that it is entirely satisfied with Nick's performance and qualifications," the company said in a statement.

Senior Independent Director and Chairman of Bumi plc's Nominations Committee Sir Julian Horn-Smith said "Nick is doing an outstandingly good job while putting up with poorly judged attempts to tarnish his reputation as part of a campaign to take over the company. This is an extraordinary demonstration of a confrontational style which does not create value for shareholders."

Nick holds a degree in law from University of Cape Town and practised as a prosecutor for the SA Defence Force.

He was sponsored by Anglo American through management training at the University of Witwatersrand, which took the participants to a Bachelor of Commerce accounting level.

Editing by Adianto P. Simamora