Board of Commissioners

Duties & Responsibilities

The Board of Commissioners (BOC) shoulders the responsibility of overseeing and advising the Directors on matters of corporate management and strategy including the implementation of GCG principles. The primary duties and responsibilities of BOC are set forth in the Articles of Association, and are further detailed into 21 items in the Company’s GCG Policy that include, among others, the determination of the debt to equity ratio. The BOC in carrying out its duties is assisted by the Audit & Risk Oversight Committee and the Sustainable Development, Good Corporate Governance, Nomination and Compensation Committee, both of which are established and report directly to the BOC.

Composition

The BOC consists of seven members, of which two are Independent Commissioners.  The term of office for the current member will be up to the closing of the Annual General Meeting of Shareholders in 2019.
 

Affiliation Relationship

Affiliation Relationship between members of the Board of Commissioners, Board of Directors and controlling shareholders are as follows:


 

Board of Commissioners
Prof. DR. Djisman S. Simandjuntak
Prof. DR. Djisman S. Simandjuntak
President & Independent Commissioner 
Somruedee Chaimongkol
Somruedee Chaimongkol
Commissioner 
Fredi Chandra
Fredi Chandra
Commissioner 
Somsak Sithinamsuwan
Somsak Sithinamsuwan
Commissioner 
Prof. Djoko Wintoro, PhD
Prof. Djoko Wintoro, PhD
Independent Commissioner 
Prof. Djoko Wintoro, PhD

Prof. DR. Djisman S. Simandjuntak

President & Independent Commissioner

Citizen of Indonesia.

Prof. DR. Djisman S. Simandjuntak appointed as the Company Independent Commissioner on 27 July 2007. He started his career as an auditor in SGV-Utomo in 1973. In 1984 he was the Head of Economics Affairs Department for Center for Strategic International Studies (CSIS) and in 1999 was appointed as Chairman of the Board of Trustees for Centre for Strategic International Studies in Jakarta. Currently, he also served as the Rector of University of Prasetiya Mulya in Jakarta. He obtained his Bachelor of Economics degree from Universitas Katholik Parahyangan, Bandung in 1973 and his Diploma degree in Monetary Economic and Public Finance from University of Cologne in 1979 and also PhD of Economics degree in the same university in 1983.

Prof. Djoko Wintoro, PhD

Somruedee Chaimongkol

Commissioner

Citizen of Thailand.

Somruedee Chaimongkol was appointed as the Company's Commissioner on 27 July 2007. Joined Banpu in 1983, She also held an important position as Chief Financial Officer since 1999. She started her career in Banpu and has 24 years experience in the mining industry. She is currently a Director of several Banpu companies, and Chairman of Banpu Provident Fund, also a member of the Banpu Risk Management Committee and member of the Commodity Risk Management Committee. She obtained her Bachelor degree in Accounting from the University of Bangkok, Thailand in 1983 and graduated from Harvard Business School, Boston, USA, for the Global Leadership program in 2000.

Prof. Djoko Wintoro, PhD

Fredi Chandra

Commissioner

Citizen of Indonesia.

Born on 7 February 1964, Mr. Fredi Chandra  appointed as the Company’s Commissioner by the Annual General Meeting of Shareholders convened on 29 March 2017. He has had more than 25 years of working experience in various sectors. He  joined the Group  since 2001 to 2007 as Commissioner. Since then, he worked for other companies outside the group as Commissioner.  He holds  Bachelor of Economics in Accounting from the Tarumanegara University in 1988 and Master in Management Accounting from the University of Indonesia in 1993.

Prof. Djoko Wintoro, PhD

Somsak Sithinamsuwan

Commissioner

Citizen of Thailand.

Born on 14 April 1960, Somsak Sithinamsuwan appointed as the Company’s Commissioner by the Annual General Meeting of Shareholders convened on 23 March 2018. He has had more than 30 years of working experience in mining sectors. Currently, he also served as the Assistant Chief Operation Officer (Coal Business) Banpu Public Company Ltd. He completed his Bachelor of Science in Mining and Metallurgical Engineering degree from Prince of Songkhla University in Thailand. He obtained his Master in Public Administration, majoring in Policy & Project Management from National Institute of Development Administration (NIDA) in 1997.

Prof. Djoko Wintoro, PhD

Prof. Djoko Wintoro, PhD

Independent Commissioner

Citizen of Indonesia.

Born on 28 April 1953, Prof. Djoko Wintoro, PhD  appointed as the Company’s Independent Commissioner by the Annual General Meeting of Shareholders convened on 23 March 2018. Currently, he also served as the Vice Rector for Operations, Finance, Accounting & Human Resources Management of  Prasetiya Mulya University. He obtained Master of Commerce from Wollongong University Australia in 1991 and also PhD of Behavioral Finance in the same university in 2000.