Krakatau Steels itself for a Management Overhaul

An overhaul of commissioners and directors at Indonesia's largest mill features in the agenda of its shareholders meeting this week. The candidates are current directors.

June 13, 2012

A piece of startling news has been making its rounds at the headquarters of state-owned steelmaker Krakatau Steel in Cilegon, Banten, in the past two months. The State-Owned Enterprises Ministry is set to replace the mill's president director Fazwar Bujang, who would have been head of Krakatau Steel for exactly five years this November. "It's just a rumor. At this stage nothing is certain," said the corporate secretary of Krakatau Steel, Wawan Hernaw

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