Parker to resign as Panax CEO
Wednesday, March 13 2013 - 09:07 AM WIB
By Peni Pedriawan
ASX-listed Panax Geothermal Limited has announced the resignation of Kerry Parker as Managing Director and CEO, who is to leave office officially on April 30, 2013.
To ensure a smooth transition for Panax, Parker will remain on the Board of Panax as a Non-Executive Director until August 30, a statement said on Wednesday.
Parker commenced with Panax in 2007, and has been instrumental in assembling and managing Panax?s portfolio of advanced geothermal development opportunities in Indonesia.
At present, Panax?s current Indonesian portfolio includes the Sokoria, Dairi Prima, and Ngebel projects.
Editing by Dadan Wijaksana