Lead and manage the board of commisssioner (supervisory body as proxy of shareholders) that review the strategic directives and the performance management of the board of directors (“‘BOD”‘), monitor and review bod compliance to corporate governance, review and approve corporate budgets proposed by BOD. Nominate and set remuneration policy for BOD.
Lead and manage all comprehensive strategic and operational transformation of PGN and subsidiaries (5 subsidiaries, and 2 affiliate cos) and business expansion that have achieved the following results:
– doubled the revenue (2007 Rp 8.8 Trillion to 2011 Rp 19.7Trillion); – doubled EBITDA (2007 Rp 4 Trillion to 2011 Rp 9.5 Tnllion); – 600% growth of net profit (2007 Rp 1.1 Trillion to 2011 Rp 5.9 Trillion)
– top 5 ranked of publicly listed SOE (2008- present) and top 10 largest market cap in Indonesia stock exchange (2008-present).
-Forbes Global 2000 company (ranked no.1351, Ranked 6 among 10 Indonesian corporate listed in the ranking.
Lead overall corporate effort to turnaround and restore confidence in the corporate from capital markets and investors through revamping Investor Relations functions (35% foreign holding,43% float) managing relationships with bankers, rating agencies, and bilateral agencies (worldbank, ADB, IFC) shareholders), Corporate Finance, treasury accounting, Insurance and financial management group, Debt restructuring. Co-lead the effort to restructure capital investment projects and monitoring to secure performance is timely and within capital budgets. Achieved credit rating improvement from S&P.
Director, Investment Banking
Lead and manage investment banking team in providing the underwriting of equity and debt fundraisings, private placements, mergers & acquisitions and other corporate finance advisory services, such as debt and capital restructuring to public and private sector clients.