The CEO of Shell decided to retire in 2014

Finance Info -global energy giant Royal Dutch Shell Plc reported, Chief Executive Officer (CEO) Peter Voser has decided to retire in the next year. It is delivered after the registered drop in net profit in the first quarter of 2013, due to crude oil price anjloknya.

"The Board of Royal Dutch Shell plc announced today that Peter Voser, has chosen to retire from the company in the first half of 2014," the Anglo-Netherlands group in a statement, as reported by the Global Post, Thursday (2/5/2013).

Voser, 57, served as the Board of Directors is the highest position since July 2009. Shell is now searching for a suitable candidate to replace him both from internal and external companies.

The news was delivered in addition to the 6 percent decline in the company's net profit in Q1 was USD8,18 billion (6,21 billion euros), after the performance of the Group were hit by lower oil prices and global economic uncertainty.

Profit after tax in the three months to March fell compared with USD8,7 billion in the same period last year.

"Our industry continues to see significant volatility in energy prices resulting from the economic and political development. Oil prices have fallen recently. However, Shell competition strategy and innovative long term against the volatile backdrop, "he explained.

(dmd)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Agus Marto's fate was decided this afternoon

David Ameidyo

Sindonews.com -Commission XI DPR RI will hold internal meetings to determine the fate of the Minister of Finance (the Minister) Agus Martowardojo is worthy or not become Governor of Bank Indonesia (BI) on today (Tuesday, 26/3/2013), time is 1 pm.

"It actually had no plans for last night, even some factions had submitted a proposal next week, but the idea was rejected and we agreed this afternoon at 13.00," said Commission Vice Chairman Harry Azhar Azis XIAN when contacted Sindonews, Tuesday (26/3/2013).

He acknowledged the existence of a number of factions, desire in the Commission to suspend the internal meeting of XI be next week. The reason, a number of the factions want to do from a third party regarding a deepening of input information about the former President Director of Bank Mandiri.

Regarding the mechanism of his election, Harry said, between the vote or acclamation. "His election Mechanism between voting or acclamation, yes maybe his weight two-two, arguably fifity-fifty the possibility between voting or acclamation," said he.

Furthermore, he added, the internal meeting of Commission XI will also decide whether Agus Martowardojo would become Governor of the Central Bank or not.

As is known, Agus Martowardojo yesterday underwent a test of feasibility and propriety (fit and proper test) candidate for Governor of BI for a little over nine hours. In the tests, Gus Gets a range of Marto questions, including the case of Bank Century.

Agus Marto himself hope had the support of the PARLIAMENT in the election of the Governor, and invited REPRESENTATIVES of BI to ask all things to him.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics