Board of Commissioners

Prof. PURNOMO YUSGIANTORO, Ir., M.Sc., M.A., Ph.D.
President Commissioner
Prof. PURNOMO YUSGIANTORO, Ir., M.Sc., M.A., Ph.D.
President Commissioner

History and Concurrent Positions:

  • 10 January 2018 - present

    President Commissioner of PT Bayan Resources Tbk.

  • 2015 - present

    Professor in Bandung Institute of Technology (ITB).

  • 2015 - present

    Professor in Defence University in Sentul, Bogor.

  • 2009 - present

    Lecturer in Summer Camp Institute of Defense and Strategic Studies (IDSS) Singapore.

  • 2000 - present

    Lecturer in Indonesia Army Command and General Staff School (Sesko TNI dan Sesko Angkatan).

Work Experiences:

  • 2009 - 2014

    Minister of Defense in the Ministry of Defense of the Republic of Indonesia.

  • 2000 - 2009

    Minister of Energy and Mineral Resources in the Ministry of Energy and Mineral Resources of the Republic of Indonesia.

  • 1998 - 2000

    Vice Governor of National Defense Institute (Lemhanas).

  • 1993 - 1998

    Governor of the Organization of Petroleum Exporting Countries (OPEC).

  • 2002

    Secretary General of the Organization of Petroleum Exporting Countries (OPEC).

  • 2004

    President of the Organization of Petroleum Exporting Countries (OPEC).

  • 2000-2001

    Chairman of Government’s Commissioner Board for PT Pertamina.

  • 1993-1998

    Head of the Marketing Department for PT Pertamina.

  • 1993 - 1998

    Assistant of the Minister of Mining and Energy at the Mining and Energy Department.

  • 1975-1985

    Vice President Director in Inca Oil Company.

  • 1993 -1999

    Non-Permanent Lecturer in National Defense Institute (Lemhanas).

  • 1980 - 2013

    Lecturer in ITB, UNIKA Atma Jaya, University of Colorado at Boulder and LPMI.

  • 1998 - 2000

    Lecturer in the Institute of Defense & Strategic Studies (IDSS), Singapore.

  • 1988 – 1992

    Consultant for ADB and World Bank in REDECON BESSINDO.

  • 1975 - 1985

    Consultant for ADB and World Bank in REDECON BESSINDO.

Education:

  • 1992

    First Rank Wibawa Seroja Nugraha. 

    Regular Course Batch XXV

  • 1988

    PhD 

    In Natural Resource Economics from the Colorado School of Mines (CSM), Golden, Colorado, USA.

  • 1988

    MA

    In Macro-economics from the Colorado University (CU) at Boulder, Colorado, USA.

  • 1986

    MSc

    In Engineering from the Colorado School of Mines (CSM), Golden, Colorado, USA.

  • 1974

    Bachelor of Engineering (Undergraduate Degree)

    In Engineering from the Bandung Institute of Technology (ITB).

Honors/Medals/Awards:

Prof. Purnomo Yusgiantoro, Ir., M.Sc., M.A., Ph.D. received various domestic and foreign recognition with a total of 33 honors, medals, and awards given to him. In 2013, Prof. Purnomo Yusgiantoro was presented with The Maha Putra Adipradana award by the government of The Republic of Indonesia. The Maha Putra Adipradana is the second highest honor given by the President of The Republic of Indonesia to civilians of the highest services to Indonesia’s unity, continuity, and glory.

Organizational Experiences:

Prof. Purnomo Yusgiantoro, Ir., M.Sc., M.A., Ph.D. acted as the chair and advisory board in various organizations, especially those related to the energy and defense sector. He currently serves as the Chair of Advisory Board of National Defense Institute (Lemhannas) Alumni Association (IKAL) as well as being the Founding Board of The Indonesia Institute for Energy Economics. Additionally, he is also the Vice Chair of Advisory Board for The Institution of Engineers Indonesia and was the Chair of Advisory Board for Society of Indonesian Petroleum Engineers.

Publication:

  • 2018

    Energy Economics: Theory and Application.

  • 2014

    Defense Economics: Theory and Practice.

  • 2010

    Indonesian Economics.

  • 2004

    International Financial Management: Theory and Practice.

  • 2009

    Footprints of Time: A Glimpse of Indonesia.

  • 2000

    Energy Economics: Theory and Practice.

  • 1991

    Analysis and Methodology of Indonesian Economics (co-author).

Affiliation:

Purnomo Yusgiantoro is not affiliated with members of the Board of Directors and Board of Commissioners and with Controlling and/or Primary Shareholders.

Lifransyah Gumay SE Ak. MM. CA.
Commissioner
Lifransyah Gumay SE Ak. MM. CA.
Commissioner

History and Concurrent Positions:

  • 10 January 2018 - present

    Commissioner of PT Bayan Resources Tbk.

  • January 2018 – present

    Finance Director of PT Sumber Segara Primadaya - PLTU Cilacap.

  • July 2021 - present    

    Chairman of Risk Management & Good Corporate Governance Committee of PT PT Bayan Resources Tbk.

  •  May 2020 - present    

    Member of Remuneration and Nomination Committee of PT Bayan Resources Tbk.

Work Experiences:

  • 2009 – 2018

    Commissioner of PT Sumber Segara Primadaya - PLTU Cilacap.

  • 2006 – 2018     

    Member of the Audit Committee (Independent Committee) of PT Bakrie & Brothers Tbk.

  • 2005 - 2011

    Member of the Audit Committee of PT Bank Tabungan Negara (Persero) Tbk.

  • 2008 - 2010

    Economy Expert Staff in Democratic Party Faction of the People’s Representative Assembly of the Republic of Indonesia (DPR-RI).

  • 2004

    Trainer in Indonesian Accounting Association (IAI) Cooperation Project with Partnership for Governance Reform in Indonesia.

  • 2003 - 2004

    Member of Working Group of Business Competition Supervisory Committee or KPPU.

  • 2003 - 2004

    Member of Working Group in Cooperation Project between IAI and General Election Commission or KPU.

  • 2004 - 2005

    Main Researcher in Transparency International Indonesia.

  • 2003 - 2005

    Postgraduate program lecturer in Indonesian Management Development Institution or LPMI.

  • 2002 - 2004

    Senior Consultant in Accounting Development Center of Faculty of Economics of University of Indonesia (FEUI).

  • 1998 - 2001

    President Director of PT Dharma Sangkurindo Raharja.

  • 1992 - 1997

    Finance Director of PT Artekindo Group of Real Estate.

  • 1990 - 1992

    Financial Controller of IKAMUDA Group.

  • 1986 - 1990

    Senior Auditor of Ernst & Young International Public Accountant Office (previously Arthur Young International), Jakarta.

Education:

  • 2003

    Magister Manajemen (Master’s Degree)

    Graduated with Cum Laude from STIM-LPMI Jakarta.

  • 1986

    SE Ak. (Bachelor’s Degree)

    from Faculty of Economics of the University of Indonesia, Accounting major.

Affiliation:

Lifransyah Gumay SE Ak. MM. CA. is not affiliated with members of the Board of Directors and other member of Board of Commissioners and with Controlling and/or Primary Shareholders.

Prof. Dr. H. Moermahadi Soerja Djanegara, S.E., M.M., Ak., CA., CPA., CSFA.
Commissioner
Prof. Dr. H. Moermahadi Soerja Djanegara, S.E., M.M., Ak., CA., CPA., CSFA.
Commissioner

Current Position:

  • April 2023 - present

    Commissioner of PT Bayan Resources Tbk.

  • May 2023 - present    

    Member of Audit Committee of PT Bayan Resources Tbk.

  • May 2023 - present    

    Member of Remuneration and Nomination Committee of PT Bayan Resources Tbk.

  • March 2020 - present    

    President Commissioner of PT Pelabuhan Indonesia II (Persero).

  • 2021 - present    

    Rector of Institut Bisnis dan Informatika Kesatuan Bogor.

  • 2016 - present    

    Supervisor and Examiner for the Doctoral Program of the Faculty of Economics and Business of Universitas Padjadjaran.

  • 2018 - present    

    Professor of Accounting at the Institute of Economic Science (STIE) Kesatuan, Bogor.

  • 2018 - present

    Non-permanent Lecturer in the position of Professor of the Faculty of Economics and Business of Universitas Padjadjaran (UNPAD).    

Work Experiences:

  • 2017 - 2019

    Chairperson of the Audit Board of the Republic of Indonesia (BPK RI).

  • 2014 - 2017    

    Member V of BPK RI.

  •  2009 - 2014    

    Member I of BPK RI.

  • 2008 - 2009   

    Independent Commissioner of PT Mitra Rajasa Tbk.

  •  2008    

    Commissioner of PT Pulau Kencana Raya (PKR).   

Audit and Management Consulting Experiences:

  • 2007 - 2009

    Member of the Audit Committee of PT Dahana (Persero).

  • 2008 - 2009    

    Member of the Audit Committee of PT Djakarta Lloyd (Persero).

  • 2009    

    Member of the Audit Committee of PT Apexindo Tbk.

  • 2004 - 2007    

    Partner in Public Accounting Firm of Drs. Johan, Malonda, Astika & Rekan.

  • 2002 - 2004    

    Partner in Public Accounting Firm of Arifin Wirakusumah & Rekan.

  • 1997 & 2002    

    Managing Partner of Public Accounting Firm of Moermahadi & Rekan.

  • 1995 - 1996    

    Internal Auditor of PT TIHA International - HC Bank TATA Group.

  • 1992 - 1995    

    Supervisor of the Joint Team of Finance and Development Supervisory Agency (BPKP) - Department of Finance.

  • 1992 - 1995    

    Head of Section in Deputy for Investigation at BPKP.

  • 1989    

    Auditor for the Joint Team of BPKP-Directorate General of Taxation for the East Java Region.

  • 1988 - 1991    

    Auditor of East Java BPKP for Service Industry Supervision Sector.

  • 1984 - 1987    

    Auditor of East Java BPKP for Supervision of State-/ Regional-Owned Enterprises in Plantation and Mining.

  • 1982 - 1984    

    Auditor of East Java BPKP for Supervision of State-/ Regional-Owned Enterprises in Trade Mining Services Industry. 

Education Management Experiences:

  • 1996 - 2009

    Chairman of STIE Kesatuan, Bogor.

  • 2006 - 2009

    Director of Akademi Manajemen Kesatuan Bogor.    

Formal and Nonformal Education:

  • 2005

    Ph.D (S3)    

    Accounting Economy, Universitas Padjadjaran, Bandung.

  • 2000    

    Master’s Degree (S2)    

    STIE IPWI, Jakarta.

  • 1981    

    Bachelor’s Degree (S1)     

    Accounting Economy, Universitas Padjadjaran, Bandung (State Registered Accountant D 2703).

  • 2019    

    CSFA    

    Certified State Finance Auditor (CSFA) by State Finance Audit Institution (IPKN) Jakarta.

  • 2014

    Registered State Accountant by the Ministry of Finance of the Republic of Indonesia, Jakarta.

  • 2012    

    CA    

    Indonesia Chartered Accountant (CA) by Institute of Indonesia Chartered Accountants (IAI) Jakarta.

  • 2009    

    CPA    

    Certified Public Accountant of Indonesia (CPA) by Indonesia Institute of Certified Public Accountants (IAPI), Jakarta.

  • 1995    

    BPKP Education and Training Center Investigation Refreshing Course - Attorney General's Office, Jakarta.

  • 1993    

    Third Batch Graduates of Advanced Administrative Leadership School (SEPALA), BPKP Education and Training Center, Jakarta.

  • 1992    

    Internship Assignment at the Office of the Inspector General, Office of Personnel Management, USA.

  • 1992    

    Auditing & Internship Program - USDA Graduate School, Washington DC, USA.

  • 1987    

    Refreshing Course of Audit Management in BPKP, East Java.

  • 1983    

    Directorate General of State Financial Supervision Pre-Services, Jakarta.    

Awards/Medals/Honors:

  • 2019

    Bintang Mahaputera Utama awarded by the President of the Republic of Indonesia.

  • 2019    

    Bintang Kartika Eka Paksi Utama awarded by the President of the Republic of Indonesia.

  • 2014    

    Bintang Mahaputera Nararya awarded by the President of the Republic of Indonesia.

  • 2019    

    Bintang Bhayangkara Utama awarded by the President of the Republic of Indonesia.

  • 2018  

    Member of Honor (Warga Kehormatan) of Hiu Kencana Submarine (awarded by Chief of Staff of the Indonesian Navy (KASAL)).    

Organizational Experience:

Chair of the IAI Advisory Board for three terms (2009 to 2014, 2014 to 2018, and 2019 to 2023).

Scientific and Published Works:

  • 2016

    INTERNATIONAL JOURNAL

    “The Analysis of Factors Affecting the Finding and Opinions of Local Government Financial Statements by Audit Board of the Republic of Indonesia: Studies on District Municipality on the Island of Sumatera and Java”, published in International Journal of Applied Business and Economic Research (IJABER), Vol. 14, No. 10.

  • 2017    

    ACCREDITED NATIONAL JOURNAL 

    “Pengaruh Kualitas Audit Terhadap Kualitas Laporan Keuangan Pemerintah Daerah” (The Effect of Audit Quality on the Quality of Local Government Financial Reports), published in Jurnal Akuntansi/Volume XXI, No. 03.

  •  2016

    INTERNATIONAL PROCEEDINGS

    “Factors Effecting the Possibility of Local Government Financial Statement to Get Unqualified Opinion”, a paper presented in The IAFOR International Conference on the Social Science in Dubai.    

  • BOOKS
    • 2018

      “Menuju Good Corporate Governance: Suatu Kajian Empiris” (Towards Good Corporate Governance, an Empirical Study), published by Kesatuan Press.

    • 2017

      “Tax Amnesty dan PSAK 70: Akuntansi Aset dan Liabilitas Pengampunan Pajak” (Tax Amnesty and Statement of Financial Accounting Standards (PSAK) 70: Accounting for Tax Amnesty Assets and Liabilities), published by Kesatuan Press. 

    • 2017

      “Laporan Keuangan Pemerintah Daerah: Teori, Praktik, dan Permasalahan” (Local Government Financial Reports: Theory, Practice, and Problems), published by Kesatuan Press.

  • UNACCREDITED NATIONAL JOURNALS
    Other writings that have been published in 12 Unaccredited National Journals.      

Affiliations:

Prof. Dr. H. Moermahadi Soerja Djanegara, S.E., M.M., Ak., CA., CPA., CSFA. is not affiliated with any members of the Board of Directors, Board of Commissioners, as well as with Controlling and/or Primary Shareholders of PT Bayan Resources Tbk.

Budiman
Independent Commissioner
Budiman
Independent Commissioner

Current Positions:

  • 2021 - present

    Independent Commissioner of PT Bayan Resources Tbk.

  • May 2023 - present

    Chairperson of Remuneration and Nomination Committee of PT Bayan Resources Tbk.

  • 2020 - present    

    President Commissioner of PT Hutama Karya Tbk.

  • 2012 - present    

    Founder of Yayasan Pendidikan Budi Insan Cendekia 

  • 2004 - present

    Founder of Yayasan Pendidikan Insan Madani Depok    

Work Experiences:

  • 2008 - 2009

    Member of Remuneration and Nomination Committee of PT Bayan Resources Tbk.

  • 2010    

    Military Secretary for the President (Ministry of State Secretary)

  • 2010 - 2011    

    Pangdam IV/Diponegoro (Indonesian National Armed Forces (TNI) Headquarter)

  • 2011 - 2013    

    Training and Doctrine Commander (TNI AD Headquarter)

  • 2013    

    Deputy of Staff Chief of ARMY (TNI AD Headquarter)

  • 2013 - 2014    

    General Secretary of Ministry of Defense

  • 2015 - 2019    

    Chief of Staff of ARMY (TNI AD Headquarters)

  •  2021 - 2023    

    Commissioner of PLN

  • 1979   

    Danton Yonzipur-3 Kodam III/ Siliwangi.

  •  1981   

    Danki-A Yonzipur-3 Kodam III/ Siliwangi

  • 1983   

    Dankitar Akabri Darat

  • 1984    

    Pasiops Yon Dewasa Tasis Akmil

  • 1988    

    Dan Kotakta Yontar Remaja

  • 1989    

    Kasi Siapsat Bangbinsat Ditziad

  • 1994    

    Kazi Kopassus

  • 1990    

    Danden Zipur-6/Kodam VI Tanjung Pura

  • 1995    

    Danyon Zipur-10 Kostrad

  • 1996    

    Pabandya 2/Latgab Paban II/Sopsad

  • 1997    

    Sespri Wakasad

  • 1998    

    Sespri Kasad

  • 1999    

    Danpusdikzi Bogor

  • 2002    

    Paban II/Bindik Spersad

  • 2003    

    Dandrem 061 / Surya Kencana Kodam III /Siliwangi

  • 2006    

    Director of Strategic Policy Ministry of Defense

  •  2007    

    Expert Staff Officer in Polkamnas (National Politic and Security) (TNI Headquarter) 

Education:

  • 1978

    Military Academy

  • 1979    

    Zeni Branch Basic Course

  • 1987    

    Combat Engineer Basic Course, USA

  • 1989    

    Zeni Officer Advanced Course

  • 1990    

    Combat Engineer Advanced Course, USA

  • 1994    

    Sesko AD

  • 2001    

    Sesko TNI

  • 2005    

    Lemhanas

  •  2011    

    Universitas Ahmad Yani   

Honour/Medal/Award:

General of TNI (Purn.) Budiman, S.IP received various awards, among others:

  • Bintang Wira Adi Nugraha, best graduate of Staff and Command School of Indonesian National Army (Sesko-TNI) in 2001.
  • Best graduate of Sesko-AD, best graduate of Staff and Command School of Ground Forces Army (Sesko-AD) in 1993/1994.
  • Bintang Adhi Makayasa, best graduate from each force, either TNI or Police Academy.
  • Taruna Terbaik Tri Sakti Wiratama, the highest achievement awarded to students of TNI or Police Academy, in the three combined aspects, i.e., mental, physical and intellect.
  • Bintang Jasa Utama, awarded by the Government of the Republic of Indonesia to those who have excellent contribution to the country in certain sector, event, or matter.
  • Bintang Dharma, an honorary recognition awarded to TNI members who have contributed and served the country beyond the vocation of military requirements, as a recognition of the extraordinary service for the advancement and development of TNI.
  • Bintang Kartika Eka Paksi Utama, the highest honorary award for the best which is awarded by the Army of the Republic of Indonesia for its corps members who have shown excellent ability, wisdom, and contribution in military.
  • Bintang Yudha Dharma Pratama, an honorary award at advanced level, which is jointly awarded by the armed forces, i.e., TNI and Indonesian Police.
  • Bintang Yudha Dharma Naraya, an honorary award at first level which is jointly awarded by the armed forces, i.e., TNI and Indonesian Police.
  • Bintang Kartika Eka Paksi Pratama, an honorary award at advanced level, which is awarded by the Army of the Republic of Indonesia for its corps members who have shown excellent ability, wisdom, and contribution in military.
  • Bintang Kartika Eka Paksi Nararya, the first level honorary award, which is awarded by the Army of the Republic of Indonesia for its corps members in military who have shown excellent ability, wisdom and contribution in military.
  • Satyalancana Kesetiaan VII Tahun
  • Satyalancana Kesetiaan XVI Tahun
  • Satyalancana Kesetiaan XXVI Tahun
  • Satyalancana Dwidja Sistha
  • Satyalancana Santi Dharma
  • Satyalancana UNOSOM
  • Satyalancana Seroja
  • Satyalancana Wira Siaga
  • Satyalancana Bhakti Sosial
  • Satyalancana Dharma Nusa
  • Satyalancana Sharma Bantala
  • Satyalancana Wira Dharma
  • Satyalancana Wira Nusa

Affiliation:

Budiman is not affiliated with any members of the Board of Directors, Board of Commissioners, as well as with Controlling and/or Primary Shareholders of PT Bayan Resources Tbk. (the Company), and he also does not own any shares of or collaborate with the Company and/or the Company’s Subsidiaries, including its affiliations.

Timur Pradopo
Independent Commissioner
Timur Pradopo
Independent Commissioner

Current Position:

  • April 2023 - present

    Commissioner of PT Bayan Resources Tbk.

  • May 2023 - present

    Chairperson of Audit Committee of PT Bayan Resources Tbk.

Work Experiences:

  • 2017 - 2022

    Independent Commissioner of PT Pollax Tbk.

  • 2010 - 2013

    Chief of the Indonesian National Police.

  • 2008 - 2010

    Regional Chief of Police of West Java.

  • 2010

    Head of Security Maintenance Agency of the Indonesian National Police.

  • 2010

    Regional Chief of Police of Metro Jaya.

  • 2005 - 2008

    Regional Chief of Police of Banten.

  • 2008

    Expert Staff in Social and Politics for the Chief of the Indonesian National Police.

Education:

  • 2001

    SESPATI POLRI (National Police Staff College).

  • 1989

    Indonesian Police Staff College.

  • 1978

    Indonesian Police Academy.

Courses/Training:

  • 2008

    Community Policing in Japan.

  • 1997

    Traffic Engineering in Germany.

Affiliation:

Timur Pradopo is not affiliated with any members of the Board of Directors, Board of Commissioners, as well as with Controlling and/or Primary Shareholders of PT Bayan Resources Tbk. (the Company), and he also does not own any shares of or collaborate with the Company and/or the Company’s Subsidiaries, including its affiliations.