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Jakarta, 23 September 2021

SOE Minister Completes PT PPA's Board of Directors Formation

Jakarta, September  23, 2021 – Minister of State-Owned Enterprises (SOE) Erick Thohir appointed JF Hasudungan as Director of Special Asset Management at PT Perusahaan Pengelola Aset (Persero) (PT PPA/Company). The presence of a new director of PT PPA is in line with the Company’s direction to become a National Asset Management Company (NAMCO).

The appointment of JF Hasudungan was determined through the Decree of the Minister of State-Owned Enterprises Number SK-309/MBU/09/2021 dated September 14, 2021 concerning Dismissal, Changes in Position Nomenclature, Transfer of Tasks, and Appointment of Members of the Board of Directors of the Company (Persero) PT Perusahaan Pengelola Asset determine the new composition of the Board of Directors of PT PPA (Persero).

JF Hasudungan previously served at PT Bank Mandiri (Persero) Tbk since 1991 with his last position as Senior Executive Vice President Special Asset Management. He earned his Master’s degree in Financial Management from the University of North Sumatera in 2005.

President Director of PT PPA Yadi Jaya Ruchandi said, “The presence of JF Hasudungan on the board of directors is a form of support from the Minister of SOEs as shareholder to accomplish PT PPA’s vision as a leading turnaround company in Indonesia and a trusted partner in restructuring, investment, and asset management. PT PPA is now focusing on three business pillars, namely SOEs restructuring, banking Non-Performing Loans (NPLs) management, as well as the innovative and effective solutions of Special Situations Fund (SSF).”

The composition of the Board of Commissioners and Board of Directors of PT PPA since September 14, 2021 is as follows:

President Commissioner concurrently Independent Commissioner: Krisna Wijaya
Commissioner: Marwanto Harjowiryono

President Director: Yadi Jaya Ruchandi
Director of Investment 1 and Restructuring: Rizwan Rizal Abidin
Investment Director 2: Adi Pamungkas Daskian
Director of Special Asset Management: JF Hasudungan

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I agree that PT Perusahaan Pengelola Aset (“Company”) may process my Personal Data, in accordance with the provisions of Law No. 27 of 2022 on the Protection of Personal Data and its adjustments and other laws and regulations and the Company’s Privacy Policy for the purposes as inputted by me on the Information Submission Form on the Company’s official website.

I also declare that :

  1. All Personal Data submitted to the Company is true and accurate data in accordance with the latest conditions and if there are changes to the Personal Data, then I will inform and request the Company to update and/or correct the Personal Data in accordance with the latest valid information.

  2. I am fully responsible for all losses incurred, both material and immaterial in the event of failure to protect Personal Data caused by my negligence and/or intentionality and/or the party authorized by me.

  3. The Company may store, share, and delete My Personal Data if required by laws and regulations, there are instructions from regulators or authorized agencies, and/or to safeguard My and/or the Company’s interests.
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Menyetujui bahwa PT Perusahaan Pengelola Aset (“Perusahaan”) dapat melakukan pemrosesan terhadap Data Pribadi Saya, sesuai ketentuan Undang-Undang Nomor 27 Tahun 2022 tentang Pelindungan Data Pribadi beserta penyesuaiannya dan peraturan perundang-undangan lainnya serta Kebijakan Privasi Perusahaan untuk tujuan seperti yang saya input pada Form Pengajuan Informasi di website resmi Perusahaan.
 
Saya juga menyatakan bahwa :

  1. Seluruh Data Pribadi yang disampaikan kepada Perusahaan adalah data yang benar dan akurat sesuai dengan kondisi terkini dan jika terdapat perubahan Data Pribadi tersebut, maka Saya akan menginformasikan dan meminta kepada Perusahaan untuk melakukan pembaharuan dan/atau perbaikan atas Data Pribadi tersebut sesuai dengan informasi terkini yang sah.

  2. Saya sepenuhnya bertanggung jawab atas segala kerugian yang timbul, baik materi maupun immateril apabila terjadi kegagalan pelindungan Data Pribadi yang disebabkan karena kelalaian dan/atau kesengajaan Saya dan/atau pihak yang diberikan kuasa oleh Saya.

  3. Perusahaan dapat menyimpan, berbagi, dan menghapus Data Pribadi Saya jika diwajibkan oleh peraturan perundang-undangan, terdapat instruksi dari regulator atau instansi berwenang, dan/atau untuk menjaga kepentingan Saya dan/atau Perusahaan.
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