Charter of Board of Commissioners
Board of Commissioners
The Board of Commissioners (“BoC”) serves as the Company’s overall supervisory and oversight body whose members are appointed by, and are directly responsible to the Company’s shareholders. In addition to its oversight and supervisory function, the BoC also provides advice to the Board of Directors.
The Board of Commissioners provides the Company with valuable experience, expertise, and relationships needed to ensure effective oversight such that the Company operates in accordance with its prescribed vision and mission.
In accordance with prevailing regulatory requirements sound corporate governance practices, some members of the BoC are Independent Commissioners. The Company’s current Independent Commissioners, represented by Ludovicus Sensi Wondabio and Heri Sunaryadi, are Board members that do not have any relationship, either in the form of financial, management, shares and or family relations, with another member of the BoC and/or the controlling shareholder that may affect their capacity to act independently. Their presence and contribution to the BoC ensures objectivity and access to vital and updated information required for its supervisory and oversight functions.
The composition of the BoC as of the May 31, 2024:
Name | Position | Effective Since | Terms End on |
|---|---|---|---|
Edwin Soeryadjaya | President Commissioner | 2020 GMS | 2025 GMS |
Verena Lim | Commissioner | 2022 GMS | 2025 GMS |
Ludovicus Sensi Wondabio | Independent Commissioner | 2020 GMS | 2025 GMS |
Heri Sunaryadi | Independent Commissioner | 2022 GMS | 2025 GMS |
The Charter of the Board of Commissioners of the Company are as below:
