Based on Law No. 40 Year 2007 regarding Limited Liability Company (“Company Laws”), the Company’s organs consist of the General Meeting of Shareholders (“GMS”), the BOD and the BOC. They are assisted by Committees and the Corporate Secretary, and play an important role in the implementation of GCG. The Company’s organs are required to perform their functions based on prevailing regulations, the AOA and the GCG principles.

 

In performing its oversight duties, the BOC is assisted by the following committees:

1. Audit Committee, and
2. Nomination and Remuneration Committee

 

Audit Committee
Chairman	Adi Pranoto Leman Independent Commissioner
Member	Timotius Independent Commissioner Amelia Setiawan External Independent Professional
Nomination and Remuneration Committee
Chairman	Adi Pranoto Leman Independent Commissioner
Member	Franciscus Welirang President Commissioner Melia Setiawati General Manager of Compensation Benefit & HR Administration

Mr. Gideon A. Putro has served as Corporate Secretary since 1 November 2014, based on the Decision Letter of the BOD dated 31 October 2014. His appointment as Corporate Secretary was reported to OJK on 1 November 2014.Read More

The Company’s Enterprise Risk Management (“ERM”) framework is based on the integrated risk management framework developed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

Risk management is carried out through a top-down approach that involves the BOD in the evaluation of high-level risks, and a bottom-up approach where subsidiaries and business units would assess the risks specific to their operations. The Corporate ERM team comprehensively analyze and consolidates the identified key risks, and submits periodic reports capturing the risk exposures and mitigating measures to the BOD and the Audit Committee.