Leadership, oversight, and accountability guiding every action at TBS
Board of Commissioners
The Board of Commissioners provides oversight to ensure that management acts responsibly and in alignment with TBS’s values, Articles of Association, and regulatory standards. Their role safeguards accountability and reinforces stakeholder confidence.
Composition of Commissioner
Ahmad Fuad Rahmany
President Commissioner
Independent Commissioner
Frances Kang
Independent Commissioner
Yasmin Wirjawan
Independent Commissioner
Judy Lee
Independent Commissioner
Board of Directors
The Board of Directors is entrusted with managing daily operations and implementing strategies that align with our governance framework, long-term objectives, and commitment to sustainability.
Composition of Director
Dicky Yordan
President Director
Chief Executive Officer
Alvin Firman Sunanda
Director
Chief Administrative Officer
Juli Oktarina
Director
Chief Financial Officer
Mufti Utomo
Director
Chief Investment Officer
Sudharmono Saragih
Director
Chief Operating Officer
Committees
Our committees bring specialized expertise to strengthen governance. Each committee ensures transparency and accountability in areas such as finance, risk, remuneration, and sustainability.
Audit and Risk Management Committee
Name | Position | Term of Office |
|---|---|---|
Chairman | 2024-2028 | |
Member | 2024-2028 | |
Member | 2025-2028 |
*effective since 31 March 2025
Nomination and Remuneration Committee:
The Company formed the Nomination and Remuneration Committee to help the Board supervise and ensure the nomination and remuneration processes are objective and efficient.
Name | Position | Term of Office |
|---|---|---|
Chairwoman | 2026-2028 | |
Member | 2024-2028 | |
Member | 2024-2028 |
Enviromental, Social, and Governance Committee
In 2023, the Company established new committee under the Board of Commissioners, the Environmental, Social, and Governance Committee (ESG), which will assist the Board of Commissioners to oversees the Board of Directors in fulfilling the commitment to the environment, health and safety, corporate social responsibility, corporate governance, as well as sustainability programs that are relevant to the Company.
Name | Position | Term of Office |
|---|---|---|
Chairwoman | 2025-2029 | |
Member | 2025-2029 | |
Member | 2025-2029 |
Corporate Secretary
The Corporate Secretary bridges communication between the Boards, shareholders, regulators, and stakeholders. This role ensures compliance with governance standards and smooth execution of corporate actions.
Pingkan Ratna Melati
SVP and Head of Legal and Corporate Secretary
Pingkan Ratna Melati was appointed as Corporate Secretary of the Company on December 16, 2019, through a Board of Directors’ Circular Resolution and publicly announced via IDXNet and the Company’s website. Since February 1, 2021, she has also taken on the role of Head of Legal, overseeing corporate governance, regulatory compliance, and legal affairs across the Group.
Pingkan holds a Bachelor’s degree in Law from Sam Ratulangi University, Manado, and a Master’s degree in Business Law from the University of Indonesia. She joined the Company in 2011 after building her early career at PT Bank CIMB Niaga Tbk (2005–2011), where she last served as Senior Counsel in the Corporate Legal Group.
Her combined experience in banking, corporate law, and governance strengthens her role in supporting the Company’s strategic initiatives and ensuring adherence to prevailing regulations.
Internal Audit
The Internal Audit unit provides independent evaluations of TBS’s internal controls, risk management, and operational processes. By delivering objective insights, it strengthens transparency and ensures continuous improvement.
Mohammad Ayat
SVP of Internal Audit and Risk Management
Mohammad Ayat was appointed SVP of Internal Audit and Risk Management of TBS based on the Board of Directors’ Decision Letter No. 001/TBS/R-BOD/VI/2026 dated 1 June 2026. He is a seasoned finance and governance professional with over 20 years of experience across the retail and energy sectors, including more than 15 pivotal years within the TBS Group. He earned his Bachelor's degree in Accounting from Universitas Pasundan and holds an active Indonesian Tax Certification credential. Throughout his tenure, he has demonstrated exceptional leadership in financial reporting, internal controls, and risk management, playing a key role in strengthening governance, assurance functions, and operational compliance.
As TBS accelerates its strategic transformation from a coal company into a leader in sustainable infrastructure under the TBS2030 vision, his extensive expertise is more vital than ever. He effectively leverages his core competencies in COSO-based internal controls, comprehensive risk management, and regulatory reporting for listed entities (OJK/IDX) to safeguard this complex transition. Furthermore, his deep understanding of PSAK/IFRS-aligned financial reporting, combined with advanced financial modeling and operational performance reviews, enables him to accurately assess risks, ensure regulatory compliance, and optimize capital allocation for the company's new green investments.
By harmonizing operational finance with stringent risk management and robust corporate governance, he ensures that the company’s expansion into sustainable ventures remains financially resilient and perfectly aligned with long-term ESG commitments.
