Sumatra Copper?s MD retires
Tuesday, December 16 2014 - 12:49 AM WIB
ASX-listed Sumatra Copper & Gold Plc said Tuesday that Managing Director (MD) Julian Ford has decided to retire from the post after assuming it since June 2011.
The company said that Ford has been instrumental in successfully transitioning the company from junior explorer to funded project-development status.
Ford has recruited an excellent executive and project team that has positioned the company well for the development of the Tembang Gold-Silver Project in southern Sumatra, Indonesia, which is currently under construction, the company said. ?Julian?s commitment to understanding the cultural and political characteristics of Indonesia has been outstanding,? it said, but did not provide reason for Ford?s resignation.
David Fowler, currently CFO, has been appointed Acting CEO, the company added.
Editing by Reiner Simanjuntak