Indonesian nickel firm Inco's CEO to retire in March

By: Reuters

Published: 26th January 2010

JAKARTA - The president director of Indonesian nickel firm PT International Nickel Indonesia said on Tuesday he will tender his resignation in March.

"I haven't resigned but I plan to," president director Arif Siregar told Reuters on Tuesday, adding that he will submit his resignation to the firm's shareholders in March.

He did not say why he would resign or who would replace him as president director. Local media reported earlier on Tuesday that he had already resigned.

PT Inco is 60,8% owned by Brazil's Vale Inco.

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