The BoD is collegially responsible for managing the company and represent the company in and out of the court of law. The BoD must prioritize AEI’s interests in accordance with its purposes and objectives by complying with the applicable laws and regulations and its Articles of Association. In carrying out its roles, the BoD reports to the GMS as the form of accountability over managing the company in accordance with the corporate governance principles.
Legal bases
The legal bases of the establishment and appointment of the company’s BoD are, among others, Law No. 40 of 2007 on Limited-liability company and the FSA Regulation No. 33/POJK.04/2014 of December 8th, 2014 on the Board of Directors and Board of Commissioners of Issuers or Public Companies (“POJK 33”).
BoD Charter
Considering its important role in leading and managing the company, AEI’s BoD formulated the BoD Charter based on the prevailing laws and regulations and the Articles of Association. This charter serves as the guidance for the BoD members in carrying out their duties in an efficient, transparent, and competent manner.
Download BoD Charter
Concurrent position of the BoD
The company’s BoD members can concurrently serve as:
- a BoD member of not more than 1 (one) other issuer or public company;
- a BoC member of not more than 3 (three) other issuers or public companies; and/or
- a committee member of not more than 5 (five) committees at the issuer or public company where he/she also holds a position as a BoD or BoC member.
As at the end of 2023, none of AEI’s BoD members held a position as director at more than two other public companies and/or as a commissioner at more than three other public companies. This practice complies with the provision of POJK 33 and AEI's BoD Charter.
BoD composition
The composition of the company’s BoD is determined by taking into account the company’s condition and the decision-making effectiveness in order to achieve the company’s objectives.
The company’s BoD consists of 6 (six) members. The company also has a Chief Financial Officer, who is responsible for the planning and monitoring on the company’s financial condition, including the preparation of financial statements and the work plans & budgets, as well as coordinating the activities related to the auditor.
In 2023, all members of the BoD were reappointed based on the resolution of the Annual GMS of May 11th, 2023, for the term of service as of the closure of this Annual GMS until the closure of the Annual GMS of 2028.
The composition of the company’s Board of Directors 2023:
|
Name
|
Position
|
Basis of Appointment | Dasar Pengangkatan
|
|
Garibaldi Thohir
|
President Director
|
Annual GMS May 11th, 2023
|
|
Christian Ariano Rachmat
|
Vice President Director
|
Annual GMS May 11th, 2023
|
|
Michael William P. Soeryadjaya
|
Director
|
Annual GMS May 11th, 2023
|
|
Mohammad Syah Indra Aman
|
Director
|
Annual GMS May 11th, 2023
|
|
Julius Aslan
|
Director
|
Annual GMS May 11th, 2023
|
|
Iwan Dewono Budiyuwono
|
Director
|
Annual GMS May 15th,2024
|
Term of office of BoC members
- The BoD members are appointed by GMS for a term of office starting from the date as determined by the GMS which appoints them until the closure of the fifth AGMS from the date of appointment, without prejudice to the right of the GMS to dismiss at any time.
- Every BoD member may be reappointed for the next term of office.
Duties, responsibilities and authorities of the BoD
- The BoD is responsible for carrying out the management for the company’s interest according to its purposes and objectives as stated in its Articles of Association.
- In performing its duties and responsibilities on the company’s management, the BoD must conduct AGMS and other GMS as stipulated by the applicable laws and regulations and the company’s Articles of Association.
- Each BoD member must carry out their duties in good faith, and with full responsibility and prudence.
The BoD’s duties, authority, and responsibilities are explained in more details in the Articles of Association and stated in the BoD Charter.
The BoD may set up committees to support the effective fulfillment of their duties and responsibilities. In the event that the Board of Directors forms a committee, the Board of Directors must evaluate the committee's performance at the end of each financial year
PT Adaro Energy Indonesia Tbk BoD members are:
|
Citizenship
|
Indonesian
|
|
Age
|
58 as at 31 December 2023
|
|
Education History
|
· Bachelor of Business Administration, University of Southern California, USA
· MBA, Northrop University, California, USA
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Deed No. 62 of April 18, 2008, and re-appointed based on Deed No. 44 of 22 May 2023
|
|
Career History
|
|
|
|
- Founder, PT Wahana Ottomitra Multiartha (1997)
|
|
|
- President Director, PT Adaro Energy Indonesia Tbk.
- President Commissioner, PT Adaro Minerals Indonesia Tbk.
- President Director, PT Adaro Strategic Investments
- President Director, PT Adaro Strategic Lestari
- President Director, PT Adaro Strategic Capital
- President Commissioner, PT Viscaya Investments
- President Commissioner, PT Dianlia Setyamukti
- Steering Committee, Adaro Bangun Negeri Foundation
- President Commissioner, PT Alam Tri Abadi
- President Commissioner, PT Alam Tri Bangun Indonesia
- President Commissioner, PT Alam Tri Daya Indonesia
- President Commissioner, PT Adaro Indonesia
- President Commissioner, PT Bhakti Energi Persada
- President Commissioner, PT Maruwai Coal
- President Commissioner, PT Kalteng Coal
- President Commissioner, PT Sumber Barito Coal
- President Commissioner, PT Juloi Coal
- President Commissioner, PT Lahai Coal
- President Commissioner, PT Ratah Coal
- President Commissioner, PT Pari Coal
- President Commissioner, PT Mustika Indah Permai
- President Commissioner, PT Adaro Power
- President Commissioner, PT Adaro Persada Mandiri
- President Commissioner, PT Agri Multi Lestari
- President Commissioner, PT Rehabilitasi Lingkungan Indonesia
- President Commissioner, PT Cakra Wana Lestari
- President Commissioner, PT Mandiri Wana Lestari
- President Commissioner, PT Persada Wana Lestari
- President Commissioner, PT Adaro Tirta Mandiri
- President Commissioner, PT Adaro Clean Energy Indonesia
- President Commissioner, PT Indoprima Niaga Sejathera
- President Commissioner, PT Wahana Artha Harsaka
- President Commissioner, PT Trinugraha Food Industry
- Director, PT Trinugraha Thohir
- Commissioner, PT GoTo Gojek Tokopedia Tbk (formerly PT Aplikasi Karya Anak Bangsa)
- President Commissioner, PT Puncak Emas Tani Sejahtera
- President Commissioner, PT Padangbara Sukses Makmur
- President Commissioner, PT Pani Bersama Tambang
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
Affiliated with the controlling shareholders of PT Adaro Energy Indonesia Tbk.
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
6.18%
|
|
Citizenship
|
Indonesian
|
|
Age
|
51 as at 31 December 2023
|
|
Education History
|
· Bachelor’s degree in industrial engineering, Northwestern University, Illinois, USA
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Deed No. 62 of April 18, 2008, and re-appointed based on Deed No. 44 of 22 May 2023
|
|
Career History
|
|
|
|
- Business analyst, A.T. Kearney (1995)
- Supply chain engineer, PT Toyota Astra Motors (1996 to 1998)
- Plant General Manager, Triputra Group (1999 – 2003)
|
|
|
- Vice President Director, PT Adaro Energy Indonesia Tbk.
- President Director, PT Adaro Minerals Indonesia Tbk.
- Director, PT Adaro Strategic Investments
- Director, PT Adaro Strategic Lestari
- Director, PT Adaro Strategic Capital
- Commissioner, PT Viscaya Investments
- Commissioner, PT Dianlia Setyamukti
- Director, Adaro International (Singapore) Pte. Ltd.
- Director, Adaro Capital Limited
- Director, Kestrel Coal Resources Pty Ltd
- Director, Kestrel Coal Group Pty Ltd
- Commissioner, PT Alam Tri Abadi
- Commissioner, PT Alam Tri Bangun Indonesia
- President Director, PT Alam Tri Cakra Indonesia
- Commissioner, PT Alam Tri Daya Indonesia
- Commissioner, PT Adaro Indonesia
- Commissioner, PT Bhakti Energi Persada
- Commissioner, PT Maruwai Coal
- Commissioner, PT Kalteng Coal
- Commissioner, PT Sumber Barito Coal
- Commissioner, PT Juloi Coal
- Commissioner, PT Lahai Coal
- Commissioner, PT Ratah Coal
- Commissioner, PT Adaro Power
- President Commissioner, PT Kaltara Power Indonesia
- Commissioner, PT Adaro Tirta Mandiri
- President Director, PT Adaro Clean Energy Indonesia
- President Commissioner, PT Adaro Sarana Energi Terbarukan
- President Commissioner, PT Jaringan Interkoneksi Batam Abadi
- President Commissioner, PT Jaringan Interkoneksi Karimun Abadi
- President Commissioner, PT Adaro Wind Energy
- President Commissioner, PT Batam Sarana Surya
- President Commissioner, PT Karimun Sarana Surya
- President Commissioner, PT Batam Surya Energi
- President Commissioner, PT Kalimantan Energi Hijau
- President Commissioner, PT Mentarang Tirta Energi
- Commissioner, PT Kayan Hydropower Nusantara
- President Commissioner, PT Adaro Indo Aluminium
- President Commissioner, PT Kalimantan Aluminium Industry
- President Director, PT Adaro Baterai Indonesia
- Director, PT Triputra Investindo Arya
- Director, PT Trikirana Investindo Prima
- President Director, PT Dharma Inti Anugerah
- President Director, PT Alam Lestari Permai
- President Director, PT Sinar Ganda Jaya
- President Director, PT Alam Permata Nusantara,
- Commissioner, PT Triputra Permata Nusantara
- Commissioner, PT Padangbara Sukses Makmur
- Vice President Director, PT Bumi Alam Sejahtera
- President Commissioner, PT Triputra Visi Energi
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
Affiliated with the controlling shareholders of PT Adaro Energy Indonesia Tbk.
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
0.05%
|
|
Citizenship
|
Indonesian
|
|
Age
|
37 as at 31 December 2023
|
|
Education History
|
Bachelor of Arts degree in Business Administration, Pepperdine University, USA
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Extraordinary General Meeting of Shareholders dated 9 February 2022, and re-appointed based on Deed No. 44 of 22 May 2023
|
|
Career History
|
|
|
|
- Director, PT Adaro Energy Indonesia Tbk.
- Director, PT Adaro Strategic Investments
- Director, PT Adaro Strategic Lestari
- Director, PT Adaro Strategic Capital
- Commissioner, PT Alam Tri Cakra Indonesia
- President Director, PT Viscaya Investments
- President Director, PT Dianlia Setyamukti
- Commissioner, PT Kalimantan Energi Hijau
- Commissioner, PT Adaro Indo Aluminium
- President Commissioner, PT Adaro Baterai Indonesia
- President Director, PT Saratoga Investama Sedaya Tbk.
- Commissioner, PT Samator Indo Gas Tbk.
- Commisioner, PT Merdeka Battery Materials Tbk.
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
Affiliated with the controlling shareholders of PT Adaro Energy Indonesia Tbk.
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
0
|
|
Citizenship
|
Indonesia
|
|
Age
|
56 as at 31 December 2023
|
|
Education History
|
· Bachelor’s degree in law, University of Indonesia, Indonesia
· LLM (Master of Laws), University of Washington, USA
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Deed No. 62 of April 18, 2008, and re-appointed based on Deed No. 44 of 22 May 2023
|
|
Career History
|
|
|
|
- Lawyer, Minang, Warman, Sofyan SH & Associates
- Lawyer, Lubis, Ganie & Surowidjojo
|
|
|
- Director, PT Adaro Energy Indonesia Tbk.
- Commissioner, PT Adaro Minerals Indonesia Tbk.
- Director, PT Alam Tri Abadi
- Director, PT Alam Tri Bangun Indonesia
- President Commissioner, PT Alam Tri Cakra Indonesia
- Director, PT Alam Tri Daya Indonesia
- Commissioner, PT Adaro Indonesia
- Commissioner, PT Paramitha Cipta Sarana
- Commissioner, PT Semesta Centramas
- Commissioner, PT Laskar Semesta Alam
- Commissioner, PT Maruwai Coal
- Commissioner, PT Kalteng Coal
- Commissioner, PT Sumber Barito Coal
- Commissioner, PT Juloi Coal
- Commissioner, PT Lahai Coal
- Commissioner, PT Ratah Coal
- Commissioner, PT Mustika Indah Permai
- Commissioner, PT Saptaindra Sejati
- Commissioner, PT Adaro Jasabara Indonesia
- Commissioner, PT Adaro Mining Technologies
- President Commissioner, PT Adaro Logistics
- President Commissioner, PT Indonesia Bulk Terminal
- President Commissioner, PT Puradika Bongkar Muat Makmur
- President Commissioner, PT Maritim Barito Perkasa
- President Commissioner, PT Harapan Bahtera Internusa
- President Commissioner, PT Barito Galangan Nusantara
- Commissioner, PT Adaro Power
- Commissioner, PT Adaro Persada Mandiri
- Commissioner, PT Agri Multi Lestari
- Commissioner, PT Rehabilitasi Lingkungan Indonesia
- President Commissioner, PT Alam Sukses Lestari
- President Commissioner, PT Hutan Amanah Lestari
- Commissioner, PT Cakra Wana Lestari
- Commissioner, PT Mandiri Wana Lestari
- Commissioner, PT Persada Wana Lestari
- Commissioner, PT Adaro Tirta Mandiri
- Commissioner, PT Adaro Clean Energy
- Commissioner, PT Adaro Baterai Indonesia
- Director, Adaro International (Singapore) Pte Ltd
- Director, Adaro Capital Limited
- Director, Kestrel Coal Resources Pty Ltd
- Director, Kestrel Coal Group Pty Ltd
- Director, Adaro Australia Pty Ltd
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
None
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
0
|
|
Citizenship
|
Indonesian
|
|
Age
|
60 as at 31 December 2023
|
|
Education History
|
Bachelor’s degree in electrical engineering, National Institute of Science and Technology, Indonesia.
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Deed No. 95 of April 19, 2013, and re-appointed based on Deed No. 44 of 22 May 2023
|
|
Career History
|
|
|
|
- Marketing Director, PT Astra Honda Motor, 2009
- Human Resources Director, PT Astra Honda Motor, 2007
- Human Resources Director, PT Astra Agro Lestari Tbk, 2006
- Human Resources Director, Bank Permata, 2004
- Corporate Human Resources Chief, PT Astra International Tbk, 2001
- Management Trainee, PT Astra International Tbk
|
|
|
- Director, PT Adaro Energy Indonesia Tbk.
- Commissioner, PT Alam Tri Abadi
- Commissioner, PT Alam Tri Bangun Indonesia
- Director, PT Alam Tri Cakra Indonesia
- Commissioner, PT Alam Tri Daya Indonesia
- Commissioner, PT Adaro Indonesia
- Commissioner, PT Maruwai Coal
- Commissioner, PT Kalteng Coal
- Commissioner, PT Sumber Barito Coal
- Commissioner, PT Juloi Coal
- Commissioner, PT Lahai Coal
- Commissioner, PT Ratah Coal
- President Commissioner, PT Saptaindra Sejati
- President Commissioner, PT Adaro Jasabara Indonesia
- President Commissioner, PT Adaro Mining Technologies
- Commissioner, PT Adaro Logistics
- Commissioner, PT Indonesia Bulk Terminal
- Commissioner, PT Puradika Bongkar Muat Makmur
- Commissioner, PT Maritim Barito Perkasa
- Commissioner, PT Harapan Bahtera Internusa
- Commissioner, PT Barito Galangan Nusantara
- Commissioner, PT Adaro Power
- Commissioner, PT Adaro Indo Aluminium
- Commissioner, PT Adaro Baterai Indonesia
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
None
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
0.03%
|
|
Citizenship
|
Indonesian
|
|
Age
|
63 as at 31 December 2023
|
|
Education History
|
- Bachelor’s degree in Civil Engineering, Bandung Institute of Technology, Indonesia
- Master’s degree in Business Administration, Prasetya Mulya University, Indonesia
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Deed No. 8 June 4, 2024
|
|
Career History
|
|
|
|
- Chief Operating Officer, PT Paramitha Cipta Sarana
- President Director, PT Tunas Muda Jaya
- President Director PT Interex Sacra Raya
- Director, PT Padang Karunia
- Commissioner, PT Dharma Protech Solutions
- Commissioner, PT Dharma Electrindo Manufacturing
- Commissioner, PT Dharma Precision Tools
- President Director, PT Dharma Poliplast
- Director, PT Dharma Precision Tools
- Director PT Dharma Electrindo Manufacturing
- Director PT Dharma Poliplast
- President Director PT Dharma Medipro
- Commissioner PT Dharma Percision Mould
- President Commissioner PT Dharma Medipro
- Director PT Dharma Precision Parts
- Director PT Dharma Polimetal
- Commissioner, PT Bhakti Kutai Transportindo
- Commissioner, PT Tri Panuntun Persada
- Commissioner, PT Birawa Pandu Selaras
- Commissioner, PT Bumi Murau Coal
- President Commissioner, PT Wahau Tutung Investindo
- President Commissioner, PT Wahau Sumber Alam
- President Commissioner, PT Murau Selo Sejahtera
- President Commissioner, PT Etam Sukses Sejahtera
- President Commissioner, PT Bhakti Kumala Sakti
- President Commissioner, PT Bukti Bara Alam Persada
- President Commissioner, PT Bumi Kaliman Sejahtera
- President Commissioner, PT Khazana Bumi Kaliman
- President Director, PT Bhakti Energy Persada
|
|
|
- President Commissioner, PT Bukit Enim Energi
- President Director, PT Balangan Anugerah Semesta
- President Director, PT Semesta Centramas
- President Director, PT Laskar Semesta Alam
- President Director PT Paramitha Cipta Sarana
- President Director, PT Mustika Indah Permai
- President Director, PT Maruwai Coal
- President Director, PT Lahai Coal
- President Director, PT Juloi Coal
- President Director, PT Kalteng Coal
- President Director, PT Sumber Barito Coal
- President Director, PT Ratah Coal
- Commissioner, PT Dharma Polimetal Tbk
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
None
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
0
|
|
Citizenship
|
Indonesia
|
|
Age
|
54 as at 31 December 2023
|
|
Education History
|
Bachelor’s degree in accounting, Atma Jaya Catholic University, 1994
|
|
Legal Basis of Appointment at PT Adaro Energy Indonesia Tbk.
|
Appointed by PT Adaro Energy Indonesia Tbk Board of Director, 1 December 2018
|
|
Career History
|
|
|
|
Auditor, Public Accounting Firm Prasetio, Utomo & Co
|
|
|
- Commissioner, PT Adaro Minerals Indonesia Tbk.
- Director, PT Alam Tri Abadi
- Director, PT Alam Tri Bangun Indonesia
- Director, PT Alam Tri Daya Indonesia
- Director, PT Viscaya Investments
- Director, PT Dianlia Setyamukti
- Commissioner, PT Adaro Indonesia
- Commissioner, PT Paramitha Cipta Sarana
- Commissioner, PT Semesta Centramas
- Commissioner, PT Laskar Semesta Alam
- Commissioner, PT Maruwai Coal
- Commissioner, PT Kalteng Coal
- Commissioner, PT Sumber Barito Coal
- Commissioner, PT Juloi Coal
- Commissioner, PT Lahai Coal
- Commissioner, PT Ratah Coal
- Commissioner, PT Saptaindra Sejati
- Commissioner, PT Adaro Jasabara Indonesia
- Commissioner, PT Adaro Mining Technologies
- Commissioner, PT Adaro Logistics
- Commissioner, PT Sarana Daya Mandiri
- Commissioner, PT Maritim Barito Perkasa
- Commissioner, PT Harapan Bahtera Internusa
- Commissioner, PT Adaro Power
- Commissioner, PT Kaltara Power Indonesia
- Commissioner, PT Adaro Persada Mandiri
- Commissioner, PT Agri Multi Lestari
- Commissioner, PT Rehabilitasi Lingkungan Indonesia
- Commissioner, PT Cakra Wana Lestari
- Commissioner, PT Mandiri Wana Lestari
- Commissioner, PT Persada Wana Lestari
- Commissioner, PT Adaro Tirta Mandiri
- Commissioner, PT Kalimantan Aluminium Industry
- Director, Adaro Capital Limited
- Director, Adaro Australia Pty Ltd
|
|
Training and Competency Development
|
None
|
|
Affiliated Relationship
|
None
|
|
Domicile
|
Jakarta
|
|
Share Ownership
|
0
|
