Due to the retirement of Eric SAULNIER, planned for the end of 2017, PT SICAMINDO will have a new Managing Director. We warmly welcome Effendy SINAGA as the new Managing Director of PT SICAMINDO. Effendy arrives within the Group with considerable experience in the industry, and particularly in Indonesia. He has a degree in Mechanical Engineering and an MBA, and he has held the positions of Director of Sales and Marketing for PLP in Indonesia and Operations Manager for PLP in Malaysia; he also has solid knowledge in the field of procurement and production. Effendy will work in close collaboration with Eric SAULNIER during the coming months in order to ensure a smooth transition of the management of PT SICAMINDO at the end of the year. Eric SAULNIER
will remain a consultant for the Group during the course of the 2018. We welcome Effendy and all our best wishes for success within the SICAME Group.