Organizational Structure


Board of Commissioners Profile

M. Arsjad Rasjid P. M.
President Commissioner Age 45, was appointed President Commissioner of Company since November 2010. Currently he is also Vice President Director of PT Indika Energy Tbk., after previously serving as President Director and Group Co-CEO in 2005-2013. He is Commissioner of Tripatra Engineers & Contractors and Tripatra Engineering since 2007 – 2015, President Director of Indika Infrastruktur Investindo since 2007 (with 2013 – 2014 period being Commissioner), Director of Kideco Jaya Agung since 2005 and Director of Indika Energy Infrastructure since 2010. He is the World Economic Forum’s Young Global Leader 2011 and Asiamoney’s Best Executive in Indonesia 2010. He studied at University of Southern California, United States, in Computer Engineering in 1990 and graduated from Pepperdine University, United States with Bachelor of Science in Business Administration in 1993. In the period of 2012-2014, he completed executive educations on leadership and public policy at Harvard Kennedy School, politics and public policy at Lee Kuan Yew School of Public Policy, impact investing at Said Business School of University of Oxford, and leadership and decision making at Yale University
Nurcahya Basuki
Commissioner Indonesian citizen, 36 years old. Served as Commissioner of Company since 2010. Concurrently serves as Director of PT. Matra Daya Investama (since 2014), Director of PT. Trifekta Multi Investama (since 2014), Commissioner of PT. Sawit Gemilang Sejahtera (since 2013), Commissioner of PT. Sawit Sejahtera Abadi (since 2013), Director of PT. Sawit Gemilang Abadi (since 2013), Commissioner of PT. Sawit Abadi Nusantara (since 2013), Commissioner of PT. Ladangpalma Suburabadi (since 2012), Director of PT Teladan Prima Agro (since 2012), Commissioner of PT Sawit Muara Sejahtera (since 2012), Director of PT Imeco Inter Sarana (since 2011), Commissioner of PT Multijayantara Abadi (since 2011), Director of PT Aquaria Shipping (since 2009), Commissioner of PT Teladan Sawit Abadi (since 2008), Commissioner of PT Teladan Palma Perkasa (since 2008), Commissioner of PT Premindo Perkasa (since 2008), Commissioner of PT Teladan Investama (2008), Director of PT Teladan Utama (since 2008), Member of the Board of Trustees of Yayasan Teladan Utama (since 2008), Director of PT Teladan Resources (2008 – 2009), Commissioner of PT Tanjung Buyu Perkasa Plantation (since 2007), Commissioner of PT Telen (since 2007), Commissioner of PT Telen Prima Sawit (since 2007), Commissioner of PT Teladan Prima Sawit (since 2007) and Commissioner of PT Telen Wahana Sejahtera (since 2007), Head of Property of PT Imeco Inter Sarana (since 2007), Commissioner of PT. Inti Energy Kaltim (since 2005), Commissioner of PT Teladan Properties (since 2005). Graduated from Pepperdine University with a Bachelor of Science degree in International Business in 2000.
Timothy Joseph Blackburn_JPG
Timothy Joseph Blackburn
Commissioner British citizen, 44 years old. Timothy Joseph Blackburn has served as the Managing Director of The China Navigation Company, the deep-sea shipping division of the Swire Group since 2011. Previously, he was Director and General Manager (2009-2011) at Hong Kong Aero Engine Services, a joint venture between Rolls-Royce Plc, Hong Kong Aircraft Engineering Company Limited (HAECO) and SIA Engineering Company (SIAEC). He also served as a Director of Mandarin Shipping Ltd, Altus Logistics Pte Ltd. and Steamships Trading Company Ltd which is listed on the Port Moresby Stock Exchange (POMSOX) and the Australian Stock Exchange (ASX). Timothy Joseph Blackburn has also served as Director of James Finlay Ltd., a subsidiary of John Swire & Sons Ltd. from 2005 until 2009. He is a graduate of Cambridge University and has executive programs at INSEAD (Macau and Fontainebleau), Tsinghua University (Beijing), and Stanford University (California). He lived in Thailand and worked in Brazil and Argentina (Shell Compania Argentina de Petroleo S.A) before joining the Swire Group in 1994.
Harry Wiguna
Independent Commissioner Indonesia citizen, 60 years old. Independent Commissioner of MBSS since 2010. Concurrently serves as Commissioner of, an Audit Committee member of PT Astra Internasional Tbk since 2013, Independent Commissioner and Chairman of the Audit Committee of PT Toyota Astra Financial Service since 2012, Independent Commissioner of PT Golden Eagle Energy Tbk (formerly PT Entertainment International Tbk) since 2011, and President Director of PT Eagle Capital since 2009. Prior to that, he served as President Director of KPEI (2010-2013), Independent Commissioner of KPEI (2007-2010), Executive Director of PT Danareksa (Persero) (2005-2009), Commissioner of PT Danareksa Sekuritas (2008-2009), Commissioner of PT Danareksa Investment Management (2005-2008), Commissioner of PT Danareksa Finance (2005-2009), Listing Director of PT Bursa Efek Jakarta (2002-2005), Trade and Listing Director of PT Bursa Efek Jakarta (1999-2002), President Director of PT Sinar Mas Sekuritas (1995-1999), Director of PT Prima Sekuritas Indonesia (1991-1995), Director of PT Bina Tatalaksana Pacific (1989-1991), Treasury Senior Manager of PT BT Lippo Leasing (1989-1981), Deputy Treasury Manager PT ASEAM Indonesia (Non Bank Financial Institution) (1981-1989) and Head of Division Accounting PT Satya Raya Indah Woodbased Industries (1978-1981). Graduated from University of Indonesia, Faculty of Economy majoring in Accountancy in 1981.
Agoes R. Silaban
Independent Commissioner Indonesian citizen, 52 years old. Appointed as Independent Commissioner of Company since 2013. Concurrently serving as Chairman of Standing Committee of  Energy and Oil & Gas at the Indonesian Chamber of Commerce & Industry (KADIN) since 2013, President Director of Finance Director of Goodwill Carrier (Asia) Ltd. (Hong Kong) since 2002, President Director of PT Mega Pratama Semesta since 1998 and Managing Director of PT Polaris Sakti since 1988. Previously he served as Chairman of the Information Technology Committee at the Indonesian Chamber of Commerce & Industry (KADIN) (2004-2008), and in 1986-1988 held positions at Badan Pengkajian dan Penerapan Teknologi (BPPT), at the same time worked at PT Industri Pesawat Terbang Nusantara (IPTN). He graduated from Sekolah Tinggi Ekonomi Indonesia majoring in Accounting in 1986.


Board of Directors Profile

Rico Rustombi
President Director Indonesian citizen, 46 years old. Appointed as President Director and CEO of Company since 2012. Concurrently serves as Director of PT Indika Energy Tbk since May 2013, Commissioner of PT Cotrans Asia since 2006, and Finance Director of PT Abadi Agung Utama since 2004. Previously he served as Commissioner of Petrosea (2010-2012). Group Head – Corporate Affairs PT Indika Energy Tbk (2008-2012) and Director of PT Mahaka Industri Perdana (1994 – 2005). Throughout his career Mr. Rico Rustombi has held numerous director positions at different mining, engineering, construction and energy services companies in Indonesia throughout his career. He is active as an executive board member in organizations such as KADIN and HIPMI, including Chairman of the KADIN Standing Committee on the International Economy (2010-2015). He earned a Bachelor’s degree in Economics from the Indonesian School of Economics and Business Management (“STEKPI”) majoring in Finance and a master’s degree in Finance from the University of Gadjah Mada, Yogyakarta. He also attended various Executive Leadership Programs, at University of Cambridge, judge business school, Asian Global Leadership Program, England, in 2014
Lucas Djunaidi
Vice President Director Indonesia citizen, 43 years old. Vice President Director of Company since November 2013. Previously he was a Commissioner of Company (2011-2013). In additional to his role at Company, Mr. Djunaidi concurrently holds positions as Director at PT Kideco Jaya Agung and PT Indika Inti Corpindo since 2008, and as well as Deputy Director – Financial Controller at PT Indika Energy Tbk since 2004, and Director of PT Cotrans Asia since 2014. Previously he served as General Manager at the Sinar Mas Group, Pulp and Paper Division, for nine years and a Senior Auditor with Prasetio, Utomo & Co, a public accounting firm for two years. Mr. Djunaidi obtained his bachelor’s degree in Economics, majoring in Accounting, from the University of Trisakti. He also attended various Executive Leadership Development Programs, recently at Wharton Business School, University of Pennsylvania in May 2012 (CFO: Becoming a Strategic Partner). He was awarded a Certified Professional Management Accountant from IAMI in September 2012.
Ika H. Bethari
Independent Director Indonesian citizen, 45 years old. Serves as Chief Financial Officer and Corporate Planning Director since 2012. Previously, Director of Company (since 2010), concurrently serving as a Member of Risk Management Committee of PT Petrosea Tbk (2008-2011) and Senior Vice President Corporate Planning of PT Indika Energy Tbk (2008-2010). Previous to joining Indika Energy Group, she served on the Audit Committee of PT PP London Sumatera Tbk (2005-2010). Vice President Risk Management and Corporate Control of PT Surya Citra Televisi and PT Surya Citra Media Tbk (2006-2008), Chief Audit Executive and Vice President Resarch and Development of PT Surya Citra Televisi (2005-2006), Independent Commissioner and Chairman of Committee Audit, PT Courts Indonesia Tbk sejak (2004-2006), Senior Manager Business Risk Consulting at Ernst & Young, Jakarta (2001-2004), Senior Manager Global Risk Consulting Management Solutions, Price Waterhouse Coopers, Jakarta (1998-2001), Manager Business Advisory and Assurance di Price Waterhouse, Australia (1996-1997), Audit Supervisor at Prasetio Utomo, Arthur Andersen (1993-1996). Graduated from Faculty of Economy of University of Indonesia in 1994.
Trevor Larbey_JPG
Trevor Larbey
Director Australian citizen, 48 years old. Trevor Larbey has global experience over 30 years in the sea transportation and logistic industry, mining development and expansion for many companies such as Chinese Navigation, Rio Tinto, BHP and Jebsen’s Management. He has served various positions and functions in China Navigation, Swire Bulk, and Swire Shipping which became part of the Swire Bulk Logistics of China Navigation Company based in Singapore. In Rio Tinto, he led the execution of supply chain strategy to ensure the delivery of mining products to customers. He has operational experiences in various countries, including Australia, Indonesia, Malaysia, China, Korea, Taiwan, Pakistan, India, United States of America, South America, Europe, and Western Africa. Trevor Larbey hold Master degree in Maritime Policy, and Bachelor degree in Applied Science (Nautical). He is also a Merchant Naval Officer, and has certification as RT HSEQ Auditor and ISM Auditor.
Dedy Happy Hardi
Director Indonesian citizen, 44 years old. Appointed as Director Corporate Secretary, Legal and HCCS MBSS since 2010. Concurrently serving as President Commissioner of PT Mitra Alam Segara Sejati since 2013, and Commissioner of PT Mitra Swire CTM since 2013. He previously served as Senior Vice President Corporate Secretary and Legal of PT Indika Energy Tbk (2008-2013), Head Legal Counselor of PT Media Nusantara Citra Tbk (2005-2007), Head Legal Counselor of PT Bhakti Investama Tbk (2000-2007), Legal Counselor of PT Bhakti Investama Tbk (1997-2000), and Legal Corporate Banking Division of PT Bank Danamon Indonesia Tbk (1996-1997). He graduated from the Law Faculty of University of Indonesia in 1997.