Intrepid names Wenas as Executive General Manager for Indonesia
Monday, September 3 2012 - 01:12 AM WIB
ASX-listed Intrepid Mines Limited has appointed Clayton (Tony) Allen Wenas as a newly-created role of Executive General Manager, Indonesia, effective 1 September, 2012.
Wenas, an Indonesian national, will be responsible for managing the company?s interests in Indonesia with a specific priority to ensure that the Tujuh Bukit project can be developed without delay.
He will also play a lead role in building Intrepid?s business in Indonesia beyond this world class project.
The appointment of Wenas further strengthens the Intrepid presence in Indonesia and complements the Board appointment of Adrianto Machribie, a previous CEO of Freeport Indonesia, in November 2011, and the issue of shares to Surya Paloh, a prominent Indonesian business and political figure, last month.
Intrepid CEO, Brad Gordon, said: ?We are extremely pleased to have another very experienced Indonesian executive and attorney join our Company at this time as we continue to address the numerous commercial, regulatory, legal and stakeholder issues that are always crucial with any world-class project, such as Tujuh Bukit."
"His experience at both Freeport and Vale will be invaluable in the coming months as we address the recent actions taken by our Indonesian joint venture partner, PT Indo Multi Niaga, relating to the suspension of operations at Tujuh Bukit and as Intrepid develops additional business interests in Indonesia.?
Wenas, a specialist in government affairs and external relations, is an experienced senior attorney and business executive.
Since 2001, he has held progressively senior positions for PT Freeport Indonesia, an affiliate of Freeport McMoRan Copper & Gold Inc. In his last role at PT FI, he was Director and Executive Vice President - Legal, Tax and External Affairs, where he was responsible for overall external relations activities, legal matters and taxation.
He is a past President & CEO of PT INCO, TBK (now PT Vale Indonesia Tbk.), part of the Vale mining group, where he was responsible for overall operation with emphasis on government relations, investor relations and external stakeholder relations. Until recently, he was the President Commissioner of PT Riau Andalan Pulp & Paper, a subsidiary of Asia Pacific Resources International Limited (APRIL); as well as the Head of APRIL Indonesia, a large private company, which deals with fiber plantation, pulp and paper.
Wenas also currently serves as Vice Chairman of the Indonesian Mining Association, the Chairman of the Brazil Committee of the Indonesian Chamber of Commerce and Industry, a member of the Advisory Board of the Indonesian Mining Expert Association, and the Vice Chairman of the Indonesian Public Listed Companies Association.
Editing by Adianto P. Simamora