Bumi Chief Financial Officer Steps Down

Exit Sign

Scott Merrillees, the chief financial officer at embattled mining group Bumi, is to step down from the board after the scandal-hit company has twice been forced to delay its financial results.

Merrillees will now focus on his role running the finance department at Bumi subsidiary Berau Coal and will not seek re-election at the group's annual meeting in June.

Bumi has been rocked by allegations made by a whistleblower of irregular payments made in its Indonesian mines.

Nick von Schirnding, chief executive of Bumi, said: "I thank Scott for his contribution as CFO to the company."

Powered by Guardian.co.ukThis article was written by Simon Goodley, for The Guardian on Tuesday 16th April 2013 18.56 Europe/London

guardian.co.uk © Guardian News and Media Limited 2010

 

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts