Chappy Hakim Named Freeport Indonesia President Director

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

TEMPO.CO, Jakarta - Freeport-McMoRan Inc has appointed former Air Force chief of staff Marshall (Ret.) Chappy Hakim as the President Director of PT Freeport Indonesia, replacing Maroef Sjamsoeddin who had resigned in January.


Vice President Corporate Communication of Freeport Indonesia Riza Pratama has confirmed the report. “Pak Chappy Hakim will be appointed as PT Freeport Indonesia president director,” he said yesterday.


Riza said that the appointment was made by Freeport, having consulted with the Indonesian government. “Shareholder approval is currently being sought,” he said.


The news about Chappy’s appointment emerged after circulation of inter-office memorandum of the President and Chief Executive Officer of Freeport-McMoRan, Richard C. Adkerson, that reads: “I’m pleased to announce that Chappy Hakim will be named as PT Freeport Indonesia president director.”


Chappy had previously held office at Freeport Indonesia. The graduate of Indonesian Air Force Academy class of 1971 was appointed as senior advisor of Freeport Indonesia on August 2016. Adkerson also named Chappy’s achievements that earned him his new post at the company, which include his stint as the chairman of the National Team for Transport Safety and Security Evaluation (EKKT) as well as an expert staff with Transport Ministry. “Over 15 books on aviation and defense have been made [by Chappy],” Adkerson said.


In mining business, however, many sees Chappy as inexperienced. Energy observer of the Institute for Essential Service Reform (IESR), Fabby Tumiwa said: “Chappy has no experience in business at Freeport. He has limited contact. How will he handle Freeport's issues with regard to divestment, smelter development, concentrate exports, etc?”


Chappy did not immediately respond to requests for comment on his appointment.


PINGIT ARIA

Related News

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

2 hari lalu

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

Several experts discussed input for Prabowo-Gibran in forming their cabinet.

Read More

A Domestic Recipe for the Middle East Conflict

3 hari lalu

A Domestic Recipe for the Middle East Conflict

The Middle East conflicts will harm the Indonesian economy. The solution is to improve the domestic economy.

Read More

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

4 hari lalu

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

Statistics Canada said GDP was likely unchanged from February.

Read More

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

4 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

8 hari lalu

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

Finance Minister Sri Mulyani said that geopolitical tensions in the Middle East are on the rise and have drawn the attention of global leaders.

Read More

OJK Spills Impact of Middle East Escalation on Indonesia's Financial System Stability

16 hari lalu

OJK Spills Impact of Middle East Escalation on Indonesia's Financial System Stability

OJK will continue to monitor the latest developments in the Middle East and their impact on financial system stability in Indonesia.

Read More

Jokowi Asserts Diplomacy, Economic Policy to Anticipate Middle East Conflict Escalation

17 hari lalu

Jokowi Asserts Diplomacy, Economic Policy to Anticipate Middle East Conflict Escalation

Jokowi chaired a limited meeting with his ministers at Merdeka Palace, Jakarta, on Tuesday to discuss the impact of Iran's strike on Israel.

Read More

Airlangga Preps to Mitigate Economic Impact of Iran-Israel Conflict

18 hari lalu

Airlangga Preps to Mitigate Economic Impact of Iran-Israel Conflict

Coordinating Minister Airlangga Hartarto talked about the potential impact of Iran's attack on Israel on the country's economy.

Read More

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

36 hari lalu

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

Vietnam's gross domestic product in the first quarter grew 5.66% from a year earlier as exports boomed, government data released on Friday.

Read More

Jakarta has Capital to Become Business City Competing with New York: Economist

48 hari lalu

Jakarta has Capital to Become Business City Competing with New York: Economist

The metropolitan city of Jakarta has the capital to become a business and economic hub that can compete with New York, an economist says.

Read More