Pertamina CEO Tenders Resignation

Jakarta (Antara Bali) - The Chief Executive Officer of state oil and gas company PT Pertamina, Karen Agustiawan, has resigned from her post to teach at Harvard University and to tend to her family, stated a minister.

"We have received the letter of resignation from the Pertamina chief executive officer accepted her request to resign from her position," State Enterprises Minister Dahlan Iskan noted here on Monday.

The minister remarked that Pertamina shareholders were unable to retain Karen Agustiawan because she wanted to teach at Harvard University.

"Harvard University has repeatedly asked Karen to teach there, and this time, she has made up her mind to resign from Pertamina for her new post," Dahlan explained.

He pointed out that Karen has worked for Pertamina for six years and was able to overcome several problems that the company had faced, in addition to making it one of the leading companies in the world.

When questioned if Karen's resignation had something to do with a plan to raise fuel oil prices, Dahlan denied it.

"No, her resignation is purely because she wants to teach at Harvard University and to take care of her family," the state enterprises minister affirmed. (WDY)