Insider Stories - Handaka Santosa, an executive with over 30 years of experience in the retail and property insdustry, resigned from his position as Vice President Director III in property developer PT Agung Podomoro Land Tbk (APLN).

APLN said in a disclosure statement on Wednesday (11/20) that Handaka’s resignation letter, which was sent on Sept. 1, has been approved by the management of the company. It did not need shareholders approval.

Handaka, previously served as the chief executive of Podomoro City, was in-charge of project development and human resources in Agung Podomoro.

He is now the chief executive officer of senayan City and is the chairman of Indonesia Retail Merchant Associations (Aprindo).

Agung Podomoro is owned by tycoon Trihatma Haliman, who is also the president director at the company.