Indonesian nickel firm INCO's CEO to retire in March

JAKARTA Jan 26 (Reuters) - The president director of Indonesian nickel firm PT International Nickel Indonesia Tbk (INCO.JK: Quote) said on Tuesday he will tender his resignation in March.

"I haven't resigned but I plan to," president director Arif Siregar told Reuters on Tuesday, adding that he will submit his resignation to the firm's shareholders in March.

He did not say why he would resign or who would replace him as president director. Local media reported earlier on Tuesday that he had already resigned.

PT Inco is 60.8 percent owned by Brazil's Vale Inco (VALE5.SA: Quote). (Reporting by Fitri Wulandari; Writing by Sunanda Creagh; Editing by Neil Chatterjee)