IIF follows key world-class corporate governance principles that are formulated by its international founding shareholders and adhere strictly to the principles espoused by its shareholders.
The good corporate governance in IIF is applied through numerous committees that provide governance support to the BoC and BoD in carrying out their duties and responsibilities.
Committees under Board of Commissioners
Audit Committee
The Audit Committee was formed by the BoC to support the supervisory function, primarily in dealing with internal control, accounting policy, financial reporting, and internal and external auditors.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | Rinaldi Firmansyah | Independent Commissioner |
Member | Darmin Nasution | President Commissioner / Independent Commissioner |
Member | Eddy Fritz Sinaga | Audit Committee Member |
Investment Committee
The Board of Commissioners - Investment Committee (BoC-IC) was formed to provide a supervisory function, in particular in dealing with IIF's investment proposals, portfolio, and strategies.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | Darmin Nasution | President Commissioner / Independent Commissioner |
Member | Rinaldi Firmansyah | Independent Commissioner |
Member | Rizal Bambang Prasetijo | Independent Commissioner |
Member | Oza Olivia | Commissioner |
Member | Bhimantara Widyajala | Commissioner |
Member | Lodewijk Govaerts | Commissioner |
Member | Dr. Marc Oliver Juenemann | Commissioner |
Member | Supriya Prakash Sen | Commissioner |
Member | Yuji Fukuda | Commissioner |
Risk Oversight Committee
The committee is formed by IIF's shareholders and the BoC to support the supervisory function, primarily in providing oversight of the risk management issues of IIF on behalf of the BoC.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | Rizal Bambang Prasetijo | Independent Commissioner |
Member | Darmin Nasution | President Commissioner / Independent Commissioner |
Member | Oza Olavia | Commissioner |
Member | Lodewijk Govaerts | Commissioner |
Member | Dr. Marc Oliver Juenemann | Commissioner |
Risk Oversight Committee Charter
Nomination and Remuneration Committee
This committee is to recommend the nomination and remuneration for the members of the Board of Directors and Independent Commissioners, and also to set forth general remuneration policies for the Company's staff.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | Darmin Nasution | President Commissioner / Independent Commissioner |
Member | Bhimantara Widyajala | Commissioner |
Member | Supriya Prakash Sen | Commissioner |
Member | Yuji Fukuda | Commissioner |
Nomination and Remuneration Committee Charter
Committees under Board of Directors
Investment Committee
The Board of Directors - Investment Committee (BoD-IC) is responsible mainly to review, consider and make decisions on all investment proposals for IIF to be recommended to BoC-IC.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | - | President Director & CEO |
Member | Rizki Pribadi Hasan | Managing Director & CFO |
Member | Mohammad Ramadhan Harahap | Managing Director & CIO |
Member | Lestari Andaluscia Umardin | Managing Director & CRO |
BoD Investment Committee Charter
The Assets & Liabilities Committee
The Assets & Liabilities Committee (ALCO) is responsible to actively monitor the risk and management of funds and other resources, primarily in managing market risk and liquidity risk.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | - | President Director & CEO |
Member | Rizki Pribadi Hasan | Managing Director & CFO |
Member | Mohammad Ramadhan Harahap | Managing Director & CIO |
Member | Lestari Andaluscia Umardin | Managing Director & CRO |
BoD Asset Liabilities Committee
Risk Management Committee
In order to actively monitor the risk management over IIF's business activities as well as to provide recommendations in formulating risk management policies and strategies for IIF, it is required to establish the Risk Management Committee of the Board of Director.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | - | President Director & CEO |
Member | Rizki Pribadi Hasan | Managing Director & CFO |
Member | Mohammad Ramadhan Harahap | Managing Director & CIO |
Member | Lestari Andaluscia Umardin | Managing Director & CRO |
IT Steering Committee
IIF's IT Steering Committee (ITSC) is established to develop the capability of information technology system to support the Company's business activities.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | - | President Director & CEO |
Member | Lestari Andaluscia Umardin | Managing Director & CRO |
Member | Rizki Pribadi Hasan | Managing Director & CFO |
Advisory Committee
Advisory Committee's main responsibility is to assist the Board of Directors in reviewing, considering, and making decisions related to advisory projects of the Company including, inter alia, to decide whether the Company will accept and advisory mandate.
Position in Committee | Name | Position in Company |
---|---|---|
Chairman | - | President Director & CEO |
Member | Lestari Andaluscia Umardin | Managing Director & CRO |
Member | Rizki Pribadi Hasan | Managing Director & CFO |
Member | Irman Boyle | EVP Head of Advisory |
Human Resources Committee
In accordance with the Company's new organizational structure, the Company has established Human Resources Committee whose duties and responsibilities include Employment and Development, Performance Management, Compensation and Benefit, and to determine general policy, strategy, and decision related to general human resources that are pivotal to the Company's overall performance.
Position in Committee | Name | |
---|---|---|
Chairman | - | President Director & CEO |
Member | Rizki Pribadi Hasan | Managing Director & CFO |
Member | Mohammad Ramadhan Harahap | Managing Director & CIO |
Member | Lestari Andaluscia Umardin | Managing Director & CRO |