What is your greatest achievement in improving Good
Corporate Governance?
While we have become a public company only recently, we have made
quite satisfying achievements in GCG. Among these achievements
are the establishment of Audit Committee and Internal Audit Unit at
the beginning of 2009. During 2009, the Committee contributed to
the monitoring of the systems and procedures within the Group.
The Corporate Secretary Department made information disclosures
on the company’s operational activities, both regular and ad hoc.
We also established a formal disclosure policy.
What are you going to do to improve the company GCG
going forward?
We always strive to review our GCG implementation by referring
to the best practices and the standards in line with our vision and
mission. Going forward, we will also develop our GCG structure in
order to strengthen the monitoring function.
What has been your greatest challenge?
My greatest challenge was taking the company public, when I and
my fellow directors, together with the IPO core team, managed to
convince the capital market regulator that Adaro would become a
public company contributing to the development of the Indonesian
capital market. Adaro’s IPO value was the largest in the history of
Indonesian capital market. As at April 2010, our market capitalization
was around Rp70 trillion. |