IEV Holdings' General Manager Tito Setiawan resigns

His position will be taken over by Justin Yong, the Vice President – Mobile Natural Gas.

The Board of IEV Holdings announced the resignation of Tito Setiawan as General Manager (Indonesia) due to personal reasons.

Following the resignation of Mr Tito Setiawan, 46, as the General Manager (Indonesia), Mr Justin Yong, the Vice President – Mobile Natural Gas will be overseeing the operations in Indonesia.

He was tasked to look over the Group's business operations in Indonesia and performs business analysis with respect to the oil and gas businesses as well as risk assessment and asset assessment analysis for the Group's business in Indonesia.

He was appointed to the post 15 May 2007.