Danantara Boss Claims To Save IDR 8.3 Trillion Per Year For Removing Tantiem, Commissioner Of SOEs

Illustration: Photo: Doc. ANTARA

JAKARTA - CEO of Danantara Indonesia Rosan Roeslani claims that the policy of cutting the number of commissioners and removing bonuses or bonuses for the board of commissioners at state-owned companies can save up to US$500 million or around Rp. 8.3 trillion.

"So we delete tantiem in Indonesia, 100 percent. So we have 1,000 companies, say each company has 5 commissioners, if multiplied by 1,000, then there are 5,000 commissioners. But we save every year 500 million US dollars just by doing this," Rosan told reporters, Tuesday, October 14.

Rosan revealed, there are around 1,000 SOEs, including children and grandchildren who are included in the Danantara portfolio.

Before there was a cut in the number of commissioners, he said again, one company could have dozens of commissioners.

"In their company they have 12, 13, even 14 commissioners," said Rosan.

Reflecting on the number of commissioners who reached dozens in one company, Rosan also asked permission from President Prabowo Subianto to reduce the number.

Karena mereka hanya melakukan rapat dengan direksi satu kali per bulan. Bahkan di bank yang sudah memiliki operasional yang ketat, itu hanya satu kali dalam tiga bulan. Jadi saya bicara kepada presiden, saya ingin mengurangi jumlah komisi, tuturnya.

Rosan also revealed the decision to remove bonuses or bonuses for the board of commissioners after comparisons with a number of countries in ASEAN. As a result, continued Rosan, companies in the world do not know tantiem.

"In Indonesia, actually all commissioners, previously they were entitled to bonuses, tantiem. This is unusual. You are not a director, you usually only get a salary," said Rosan.

For your information, Danantara Indonesia has banned the board of commissioners of State-Owned Enterprises (BUMN) and its subsidiaries from obtaining bonuses from the company's performance. In addition, it is also not allowed to receive incentives.

The instruction was contained in an official letter numbered S-063/DI-BP/VII/2025 concerning the Provision of Tantiem, Incentives, and/or Income in Other Forms to the Board of Directors and Board of Commissioners of SOEs and BUMN Subsidiaries.

The letter was signed by Danantara Indonesia Chief Executive Officer (CEO) Rosan Roeslani dated July 30, 2025.

In addition to regulating the provision of bonuses and incentives for the board of commissioners, Danantara also provides the latest rules for the board of directors of SOEs.

Berdasarkan surat tersebut, anggota direksi BUMN dan anak usahanya masih bisa menerima tantiem dan insentif dari kinerja perusahaan.

Namun, pemberian tantiem, dan insentif baik dalam bentuk insentif kinerja, insentif khusus, dan atau insentif jangka panjang harus didasarkan pada laporan keuangan yang sebenar-benarnya dari hasil operasi perusahaan dan merefleksikan kegiatan usaha yang berkelanjutan.

Insentif ini tidak boleh dihitung dari aktivitas non-operasional. Seperti keuntungan revaluasi aset, penjualan aset, atau transaksi satu kali lain yang tidak berulang.

Based on the letter, members of the SOE board of directors and their subsidiaries can still receive bonuses and incentives from the company's performance.

However, the provision of bonuses and incentives in the form of performance incentives, special incentives, and or long-term incentives must be based on financial reports that are actually the result of the company's operations and reflect on sustainable business activities.

This incentive should not be calculated from non-operational activities. Such as asset revaluation gains, asset sales, or transactions for another time that are not repeated.