ITDC Directors Get Major Overhaul, Ari Respati Appointed As Managing Director

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir carried out a major reshuffle of the directors of PT Pembangunan Wisata Indonesia (Persero) or ITDC, in order to organize and fulfill organizational needs to realize business transformation. Erick also decided to appoint Ari Respati as President Director to replace Abdulbar M. Mansoer.

The decision was determined through the Extraordinary General Meeting of Shareholders (EGMS) and contained in a Copy of the Decree of the Minister of State-Owned Enterprises Number SK-169/MBU/08/2022 August 8, 2022 concerning Dismissal, Changes in Position Nomenclature, and Appointment of Members of the Company's Board of Directors. The Company (Persero) PT Indonesia Tourism Development (Persero).

Through this decree, the Minister of SOEs respectfully dismissed Abdulbar M. Mansoer as President Director, Nugdha Achadie as Director of Finance, Strategy and Risk Management, Taufik Hidayat as Director of Engineering and Human Resources, and Arie Prasetyo as Director of Operations and Business Innovation.

Subsequently, changing the nomenclature of the positions of the members of the Company's Board of Directors to become the Director of HR and Legal Compliance from the former Director of Engineering and HR, and the Director of Operations from the former Director of Operations and Business Innovation.

Then through the same decree, SOE Minister Erick Thohir also appointed the following names as members of the Company's Board of Directors, namely Ari Respati as President Director; Ahmad Fajar as Director of Finance, Strategy and Risk Management; Wenda Ramadya Nabiel as HR and Legal Compliance Director; and Troy Reza Warokka as Director of Operations.

The acting Director of Business Development Ema Widiastuti, who was appointed through SK-363/MBU/11/2020, did not change.

ITDC Vice President Corporate Secretary I Made Agus Dwiatmika expressed his gratitude to the entire board of directors who previously served and welcomes the replacing officials.

"To the previous Directors, we thank you for your dedication and contribution to the progress of ITDC's business," he said in a written statement, Wednesday, August 10.

Made said that with this refresh in the composition of the board of directors, it is hoped that the ITDC transformation will continue. The arrangement of the ITDC Board of Directors is expected to further increase the Company's spirit to realize the vision of becoming a leading world-class tourism destination state-owned enterprise that makes a major contribution to the progress of Indonesian tourism.

"Based on the Company's expertise as a developer and manager of tourism areas that have been pioneered since almost 50 years ago, the resilience of ITDC people, as well as the full trust and support of shareholders and all stakeholders," concluded Made.

Thus, the current composition of ITDC's Board of Directors and Board of Commissioners is:

Directors:

- President Director: Ari Respati

- Director of Finance, Strategy and Risk Management: Ahmad Fajar - Director of HR and Legal Compliance: Wenda Ramadya Nabiel

- Director of Operations: Troy Reza Warokka

- Director of Business Development: Ema Widiastuti

Board of Commissioners:

- President Commissioner: Ricky Joseph Pesik

- Commissioner: Zainal Mutaqin

- Commissioner: Irzani

- Independent Commissioner: Ulin Ni'am Yusron