Sumatra Copper names Graeme as CFO

By Ruli Setiawan

ASX-listed gold company Sumatra Copper & Gold plc announces the board has appointed Graeme Smith as Joint Company Secretary and Chief Finance Officer (CFO) to replace Richard Edwards who resigned from the post.

The company also announced that Peter Nightingale has resigned as Non-Executive Director.

?Richard Edwards will remain as a consultant to the company until the end of September to ensure a smooth transition of his role,? the company said in the statement to the IDX, adding that Alison Barr, who is based in the United Kingdom , will remain as joint Company Secretary.

Graeme Smith is a finance professional with over 25 years? experience in accounting and company administration. He graduated from Macquarie University with a Bachelor of Economics and has since received a Master of Business Administration and a Master of Commerce Law. He is a Fellow of both the Australian Society of Certified Practicing Accountants and the Chartered Institute of Secretaries and Administrators. He has held CFO and Company Secretary roles with a number of Australian and overseas mining companies and is part of DWCorporate Limited (?DWCorporate?).

DWCorporate is a West Perth based independent corporate advisory firm focused on the natural resources, energy and mining sectors. DWCorporate currently provides company secretarial services to 22 listed companies.

The Chairman Warwick Morris said ?It is important that we consolidate our operations as the company moves towards production at its Tembang Gold Project. Our Managing Director Julian Ford and two of his key managers, Don Harper and Grant Harding all work out of Perth, so it was only logical that this move happen as the company transitions to producer. The majority of Sumatra ?s consultants are based in Perth which remains the ideal connection point for Indonesia with more than five flights a day connecting with Indonesia ?

Editing by Adianto P. Simamora