Silmy Karim: Has The Nickname Of The Managing Director Specialist For SOEs Is Sick
JAKARTA - The name of the President Director (Director) of PT Krakatau Steel Tbk (KRAS), Silmy Karim is in the public spotlight. This happened because the boss of one of the SOEs had been expelled from a meeting of Commission VII DPR RI at the DPR RI Building, Senayan, Jakarta, Monday, February 14, 2022. The case started when Silmy was involved in a debate with the chairman of the meeting who is also the Deputy Chairman of Commission VII DPR RI Bambang Haryadi. Silmy's debate with members of the council occurred when the chairman of the meeting commented on Silmy Karim's failed blast furnace steel factory.
So what is the figure of Silmy Karim?
Silmy is known to be a young professional who worked in the defense and defense industry before joining state-owned companies. His actions earned him many offers to lead a troubled BUMN. In fact, he has the nickname as the President Director, specializing in sick SOEs.
“I like challenges and in life I believe there must be a purpose. So as long as we don't want a position, we are in a position to accept, meaning we are given a mandate."
Silmy is also known as a figure who is able to benefit Krakatau Steel. Silmy's efforts to increase the profit of PT Krakatau Steel (Persero) Tbk began in 2011 until 2018. The accumulation of Krakatau Steel's debt at that time reached Rp. 31 trillion.
Finally, Silmy was successful in restructuring and transforming PT. Krakatau Steel (Persero) Tbk. One of the restructurings carried out at Krakatau Steel is in terms of debt restructuring. This restructuring process took more than 1 year and was completed successfully marked by the signing of a debt restructuring agreement on January 12, 2020 between Krakatau Steel and its 10 creditors.
When the restructuring was carried out, Krakatau Steel's debt was US$2.2 billion (Rp35 trillion). Due to the very large debt value, this restructuring is also called the largest corporate debt restructuring in Indonesia.
Krakatau Steel saved US$685 million (Rp11 trillion) from this restructuring program. The second success at Krakatau Steel was when the company managed to record a profit of 74.1 million US dollars (Rp 1 trillion) in the first quarter of 2020.
Career Journey
“Every time we have a problem mapped out, it automatically makes us want to know. Every leader has to be able to make decisions, motivate the team and delegate, that's what's important."
Known as a leader who has worked in various fields with different problems, in each place he has succeeded in improving existing conditions and making achievements. Another no less important assignment was when Silmy was appointed as the President Director of PT. Pindad (Persero) in 2014, he succeeded in raising the name and strategic role of the domestic defense industry.
When he took office, Pindad's popularity seemed to have lifted and became the pride of the Indonesian people, plus at that time (in 2015) the Indonesian contingent succeeded in winning the AASAM (Australian Army Skills at Arms Meeting) military shooting competition in Australia. The Indonesian contingent at that time won 30 gold medals out of 50 contested, meaning that Indonesia won more than half of the available gold medals, beating contingents from the United States, Australia, France, England, etc.
Indonesia's victory and dominance in the AASAM championship was a scene because the Pindad weapons used by the Indonesian contingent would be dismantled by the committee because of the suspicion that the Pindad weapons used by the Indonesian contingent did not meet the standards of the manufacturer's specifications or had been modified. Another success at Pindad was when Pindad succeeded in designing and producing excavators (heavy equipment).
Silmy has also served in various government institutions such as the Indonesian Ministry of Defense, the State Intelligence Agency (BIN), and the Investment Coordinating Board (BKPM). The assignment of various state institutions is a very rare opportunity that not many people have, this shows the state's trust in him is so great. And the experience of assignments and diverse organizations makes him have strong leadership skills and an extensive network, this makes it easier for him to solve various challenges and problems in assignments.
In 2008, based on the Decree of the President of the Republic of Indonesia Number 7 of 2008 concerning the National Team for the Transfer of Business Activities (PAB) for the TNI, Silmy Karim was appointed a Member of the National Team for PAB TNI. The main task of the team is to transfer business activities owned by the TNI directly or indirectly in accordance with the mandate of Article 76 of Law Number 34 of 2004 concerning the Indonesian National Army.
TNI is no longer allowed to do business because according to the TNI Law, the definition of a professional TNI is one of them is not allowed to do business. This is a difficult task because the team formed by the President of the Republic of Indonesia must take over the sources of income that the TNI receives outside of the APBN.
After successfully carrying out a tough task in the TNI PAB National Team, in 2009 Silmy was asked by the Minister of Defense Juwono Sudarsono and the Secretary General of the Indonesian Ministry of Defense (Dephan) Sjafrie Sjamsoeddin to join the Indonesian Ministry of Defense (at that time called the Indonesian Ministry of Defense).
Military World
The man who was born in Tegal on November 19, 1974, actually does not have a military or defense educational background. However, on the initiative of the Deputy Minister of Defense of the Republic of Indonesia Sjafrie Sjamsoeddin, Silmy had the opportunity to take military and defense education. He received military and defense education abroad, from the NATO School in Germany to Harvard University and the Naval Postgraduate School in the United States. Armed with knowledge from the results of this education, Silmy became one of the experts in Indonesia in the field of Defense Management and National Security.
At the Indonesian Ministry of Defense, Silmy's first assignment was as an Advisor to the Minister of Defense. This position began when he was placed as a member of the Defense Management Expert Team of the Indonesian Ministry of Defense until 2014. Then in the defense industry, since 2010, Silmy has been a member of the Assistance Team for the Defense Industry Policy Committee (KKIP).
He also helped draft Law No. 16 of 2012 concerning the Defense Industry. His last position at KKIP was Expert Staff for Inter-Agency Cooperation and Relations. For his services in an assignment at the Ministry of Defense of the Republic of Indonesia, he received a service star for the Defense of the Republic of Indonesia in 2014.
In addition to the defense sector, Silmy had the opportunity to attend intelligence education in Germany. Therefore, he has also joined the State Intelligence Agency (BIN) as a Member of the Strategic Analyst Council (BIN) since 2013. His experience in the fields of economy, defense, intelligence, as well as national security and international security allows him to contribute well in his assignment at BIN.
Cold Hands in BUMN
“Being a good leader should not be trapped in negative energy. Good leaders can see the advantages of one and the other.
The assignment in BUMN began when Silmy was assigned to be a commissioner at PT. PAL (Persero) in 2011. This assignment carries the mission of the Indonesian Ministry of Defense in ensuring that the submarine and warship development program at PT PAL (Persero) can be carried out properly and the technology transfer process runs successfully.
In October 2014, the position of President Director of PT Pindad (Persero) was vacant because Sudirman Said was appointed Minister of Energy and Mineral Resources. Silmy was finally appointed as President Director of PT Pindad (Persero) replacing Sudirman through the Final Assessment Team (TPA) process led by the President of the Republic of Indonesia.
After successfully fixing and improving the performance of PT Pindad (Persero) within 1 year 7 months (22 December 2014-3 August 2016), Silmy was given the trust to improve
Another BUMN, namely PT. Barata Indonesia (Persero) starting August 7, 2016. After serving at PT. Barata Indonesia (Persero) for 2 years and 1 month, the Minister of BUMN gave another task to fix PT Krakatau Steel (Persero) Tbk through the Extraordinary General Meeting of Shareholders (EGMS) on September 6, 2018.
Apart from his duties in government, Silmy previously had a career in a public company as an Independent Commissioner of PT Bentoel International Investama Tbk. (RMBA), and PT Alfa Retailindo Tbk. (ARI). Because his reputation for professionalism has made him trusted by global companies to sit as President Commissioner of PT. MAN Diesel & Turbo Indonesia, as well as Commissioner of PT. GE Power Solutions Indonesia.
Organizational experience
In addition, he is known to be active in a number of youth and social organizations such as the Indonesian Young Entrepreneurs Association (HIPMI), the Chamber of Commerce and Industry (KADIN), the Indonesian Youth National Committee (KNPI), and the Paramadina Foundation.
Silmy Karim Hobby Facts
Loved soccer since childhood, if you used to play between villages, now every time you play football rent the Senayan stadium with former national football players Have a bicycle group with Pramono Anung Collecting paintings from both novice and famous paintersAlthough not yet blue ticked, Silmy has quite a number of followers on Instagram, which is more than 13 thousand. In the bio column, Silmy Karim writes that he is a cyclist and amateur football striker, who has a hobby of being a CEO.
Silmy Karim . Profile
Full Name: Silmy Karim
Place and date of birth: Tegal/November 13, 1974
Profession: President Director of PT Krakatau Steel (Persero) Tbk
Children: Raska Emir, Keisha Samira, Siarra Kalila, Salma Safina
Education:
Bachelor of Economics from Trisakti University(1997) Master of Economics University of Indonesia(2007) Georgetown University, GLS, Washington DC, USA (2010) George C. Marshall European Center for Security Studies, Program in Advance Security, Garmisch-Partenkirchen, Germany (2012) NATO School, Oberammergau, Germany (2012) Harvard University in National and International Defense, Cambridge, Massachusetts, United States (2012) Naval Postgraduate School (NPS) in Defense Management, Monterey, California, United States (2014)State Administrator Wealth Report (LHKPN) in March 2021: Rp205,438,672,909. Social media: Instagram@silmykarim