PT RAJAWALI NUSANTARA INDONESIA

Jl. Denpasar Raya D. III Kuningan Jakarta

Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

COMPANY PROFILE
A. Company History
The steps of PT Rajawali Nusantara Indonesia (Persero), hereinafter referred to as PT RNI
(Persero), began in the middle of the XIX century. On March 1, 1863, Oei Tjien Sien founded
a agricultural product trading company named NV Handel My Kian Gwan in Semarang. In its
development, NV Handel My Kian Gwan then became a holding company that oversees a
number of businesses including trade, sugar industry, rubber plantations, pharmaceutical
industry, financial services, property and others.
1885 was a new beginning for NV Handel. Oei Tjien Sien's son, Oei Tiong Ham continued
his father's leadership. The company was later renamed to Oei Tiong Ham Concern (OTHC),
the first business conglomerate company in the archipelago. OTHC ran the business until
1961 when the government of the Republic of Indonesia took over the holding company.
After nationalizing OTHC, the Government of Indonesia manages all company assets. Some
of the company's assets were included as capital investments to establish PT Rajawali
Nusantara Indonesia's National Economic Development Company (PPEN) on October 12,
1964. This is the date of the establishment of PT RNI (Persero). At the beginning of its
establishment, PT RNI (Persero) had 10 Subsidiaries.
In 1964-1985, PT RNI (Persero) focused on rehabilitation of production equipment to
encourage increased productivity. The change of company status to "Persero" was carried out
to fulfill Law Number 9/1969 and Government Regulation Number 5/1974. Furthermore,
during 1986-1998, a number of business units were merged, expansion of business areas
outside Java, and the development of new business units.
PT RNI (Persero) in 2001-2003 began to establish itself as a holding company that did not
operate and became an investment holding. In this selective development phase, the focus of
the RNI is the optimization of the performance of the group of companies. Meanwhile, the
company began to carry out a number of diversifications to maximize added value in the
period 2004-2009. This is achieved by utilizing by-products and developing the company's
strategic business.
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

Since 2010, the company has been trying to optimize the synergy between subsidiaries and
subsidiaries with the parent company. The aim is to achieve improvements in financial ratios,
production performance, business growth, and soundness of the company. This phase ends in
2012. At present, the company is in the optimization and exploration phase (2013-2017). In
this phase, holding companies are focused on supporting performance improvement by
creating competitiveness, developing new businesses, and becoming a pillar of business in the
future.
At present, PT RNI (Persero) as an investment holding company with assets of more than Rp.
12 trillion (as of December 31, 2017) and business networks spread across the archipelago
through 13 subsidiaries and seven affiliates, operating 51 branch offices and 18 production
units consisting of 10 sugar mills, 3 palm oil mills, 2 tea factories, 1 pharmaceutical factories,
1 Medical Device Factory, 1 Leather Factory, 2 Plastic Sack Factory, 2 Alcohol Factory,
supported by more than 11 thousand Employees.

B. Company Vision, Mission and Culture

1. Vision
To be the best investment holding company at the regional level with the basis of agro
industry, pharmaceuticals, medical devices, distribution, commerce and property.
2. Mission
a) Manage business groups in an integrated manner by promoting the principle of synergy
between business groups.
b) Run a company professionally with excellent quality products and services.
c) Develop a corporate culture and human resources that are reliable and high-performance
by applying the principles of good corporate governance.
d) Implement a business strategy that is highly committed in order to provide optimal
added value for shareholders and other stakeholders.
e) Carrying out business activities in a sustainable and environmentally friendly manner.

3. Company Values
To achieve this vision and mission, PT RNI (Persero) establishes 5 (five) corporate culture
or values as a foundation for all employees in their activities. The five corporate values are
abbreviated to "PINTER" with the following description:
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

"PINTER"
a) PROFESSIONALISM
PT RNI (Persero) is committed to implementing the highest standards of
professionalism through efforts to pursue innovation, organize imagination, be open to
new ideas, act with careful and consistent calculations. As a person who holds the
principle of professionalism, RNI people will increase personal responsibility, be open
to change and improvement, and continue to learn to achieve the level of competence
and expertise in line with the needs in the development of PT RNI (Persero).
b) INTEGRITY
Integrity is the thoughts, words and actions consistently by the same set of values.
Behaviors that include the concept of integrity include: honest, sincere, trustworthy,
reliable, timely, ethical and fair. Understanding yourself will increase one's integrity.
c) TEAMWORK
The attitude in interacting or effective social relations between individuals, individuals
and groups of work units, between companies within PT RNI (Persero) which jointly
carry out activities to realize company goals. The attitude of this collaboration is
manifested in the willingness to share and the mutual willingness to support fellow
human beings of PT RNI (Persero). The people of PT RNI (Persero) are aware that there
are many demands for work and tasks, where the spirit of cooperation will produce
better achievements, as well as the possibility of problem solutions, compared to
working alone.
d) EXCELLENCE
The spirit to give the best must be a part of all the people of PT RNI (Persero) in
carrying out their duties and obligations. Applying the spirit to continue to improve
quality in all dimensions of work, is believed to accelerate the achievement of the main
tasks, goals, objectives, mission and vision carried out by each of PT RNI's people
(Persero). The process to achieve the best results beyond normal expectations is a
process that will not end. Excellence, brilliance and perfection are created from small
things, but actually they are not small things.
e) RESPECT
The people of PT RNI (Persero) have a commitment to treat others with respect based
on trust and dignity. Everything that is done by the people of PT RNI (Persero) must
always respect each other and respect each other in responding to the ideas and
suggestions of fellow people of PT RNI (Persero). This commitment of mutual respect
and respect concerns aspects of respecting and respecting diversity, individuality,
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

professional and personal differences, the assets of PT RNI (Persero), as well as the
feeling of having a working device entrusted to each of PT RNI's employees.
C. Management
1. Organizational Structure

2. Board of Commissioners
a) Ramelan (President Commissioner)
 Personal Information
Indonesian citizenship, domiciled in Jakarta, was born on June 12, 1945.
 Basis of Appointment
Appointed as President Commissioner of PT RNI (Persero) based on Decree of the
Minister of State-Owned Enterprises No. SK-251 / MBU / 11/2016.
 Education
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

Airlangga University Bachelor of Law in 1970, Masters in Law, Padjadjaran

University in 2002, Doctor of Law, Padjadjaran University, July 24, 2009.
 Career Journey
Appointed as President Commissioner of PT RNI (Persero) in 2016. Previously, he
served as the Deputy Attorney General for Special Crimes for the Attorney
General's Office of the Republic of Indonesia in the period 1999-2000, Expert Staff
of the Attorney General of the Republic of Indonesia in 2000-2005 and a member
of the Expert Team Ministry of Defense Law 2006-2014.

b) Suripto (Commissioner)
 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on June 23, 1959.
 Appointment Basis
Appointed as Commissioner of PT RNI (Persero) based on Decree of the Minister
of State-Owned Enterprises No. SK-56 / MBU / 5/2015.
 Education
He holds a Bachelor of Economics degree from Krisnadwipayana University and
later earned a Master's degree from the International University of Japan, Niigata,
Japan.
 Career Journey
Appointed as Commissioner of PT RNI (Persero) since May 5, 2015. In addition to
serving as Commissioner of PT RNI (Persero), he has also been active in the State
Intelligence Agency (BIN) since 1979. During his career at BIN, he has carried out
a series of assignments abroad, for example in Kuala Lumpur, Malaysia in 2003-
2004, and Brussels, Belgium in 2005-2007.

c) Aditya Dhanwantara (Commissioner)

 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on September 30, 1970.
 Appointment Basis
Appointed as Commissioner of PT RNI (Persero) based on Decree of the Minister
of State-Owned Enterprises No. SK-56 / MBU / 5/2015.
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

 Education
He obtained his Bachelor of Economics in Accounting in 1997 from Atmajaya
University, Yogyakarta, then earned his Master of Public Planning and Policy in
2006 from the University of Indonesia.
 Career Journey:
Appointed as Commissioner of PT RNI (Persero) since 2015. Prior to being
appointed as Commissioner of PT RNI (Persero), he served as Secretary of the
Board of Commissioners of PT Krakatau Steel (Persero) Tbk in 2012-2013,
Secretary of the Board of Commissioners of PT Danareksa (Persero) in 2013-2014,
Head of Strategic Industry and Manufacturing Business Sector, Ministry of SOE in
2012-2014, Head of BUMN Restructuring II, Commissioner of PT Dahana
(Persero) in 2013-2015, until being appointed as Head of Ministry of SOE
Restructuring Division (2015-present ).

d) Jamaluddin Malik (Commissioner)

 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on July 15, 1976.
 Appointment Basis
Appointed as Commissioner of PT RNI (Persero) based on Decree of the Minister
of State-Owned Enterprises No. SK-135 / MBU / 05/2018.
 Education
Bachelor of Political Science in 2004 at the Institute of Social and Political
Sciences (IISIP) Jakarta, Postgraduate Administration in 2015 from the University
of Dr. Moestopo (Religious), Jakarta.
 Career Journey
Appointed as Commissioner of PT RNI (Persero) in 2018. Previously, he served as
Commissioner of PT Rajawali Nusindo from 2016 to 2018, Director of Kantata
Research Indonesia and Commissioner of PT Empat Soko Guru in 2014.

e) Teguh Juwarno (Independent Commissioner)

 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on November 1, 1968.
 Appointment Basis
Appointed as an Independent Commissioner of PT RNI (Persero) based on Decree
of the Minister of State-Owned Enterprises No. SK-256 / MBU / 10/2019.
 Education
He obtained his Bachelor of Agriculture degree in 1991 from the Bogor Agriculture
Institute, then earned his Master of Communication Management in 2001 from the
University of Indonesia.
 Career Journey:
Appointed as a Commissioner of PT RNI (Persero) in 2019. Previously, he served
as a Member of the Indonesian Parliament for the period 2014-2019 and 2009-
2014. He was also a Special Staff to the Minister of National Education in 2005-
2009, Head of the RCTI Public Relations Department in 2002-2005, and journalist,
anchor, and producer of RCTI reporting in the period of 1993-2005.

3. Directors
a) Eko Taufik Wibowo (President Director)
 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on January 23, 1966.
 Appointment Basis
Appointed as President Director of PT RNI (Persero) based on Decree of the
Minister of State-Owned Enterprises No. SK-02 / MBU / 01/2020
 Education
He obtained his Bachelor's degree from the Faculty of Geological Engineering in
1991 from the Yogyakarta National Veterans Development University (UPN),
then earned his Masters in Management from Gadjah Mada University (UGM) in
1993.
 Career Journey
He served as President Director of PT RNI (Persero) in 2020. Previously, he
pioneered a professional career in 1994 at PT Bank Pembangunan Indonesia
(Bapindo) until 1997. Then continued his career at Bank Mandiri serving as Vice
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

President of Change Management Office in 2010. In March 2016, he joined PT

Berdikari (Persero) as Director of Operations and Marketing, then from 2017 to
2019 he served as President Director of PT Berdikari (Persero).

b) Pramusti Indrascaryo (Director of Finance)

 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on August 23, 1965.
 Appointment Basis
Appointed as Finance Director of PT RNI (Persero) based on Decree of the
Minister of State-Owned Enterprises No. SK-02 / MBU / 01/2020
 Education
He obtained his Bachelor's degree from Diponegoro University in Semarang in
1989, and obtained his Masters in Management in concentration in Financial
Management from the Faculty of Economics and Business Gadjah Mada
University Yogyakarta in 1998.
 Career Journey
Served as Finance Director of PT RNI (Persero) in 2020. Previously he was Head
of Branches at the Indonesian Export Import Bank in 1999. Then he held various
positions at Bank Mandiri, including Senior Manager at Corporate Risk
Management and Corporate Banking in 2003, Assistant Vice President in 2009
and Vice President in 2012. On 12 April 2013 - 20 April 2018, he served as
Finance Director of Bio Farma. In January 2019, he was appointed as Managing
Director of PT Inhutani II.

c) Agung P. Murdanoto (Director of Business Control)

 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on November 14, 1964.
 Appointment Basis
Appointed as Director of PT RNI (Persero) based on Decree of the Minister of
State-Owned Enterprises No. SK– 101 / MBU / 06/2015.
 Education
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

He obtained his Bachelor of Agriculture degree in 1987 from the Bogor Institute
of Agriculture (IPB), obtained his Masters and Doctoral degrees in Agricultural
Chemistry in 1993 and 1996 from Kyoto University, Japan.

 Career Journey
Served as Director of PT RNI (Persero) since 2015. Previously he served as
Director of PT Mitra Kerinci from 2012 to 2014, Deputy Director of PT RNI Agro
Business Development (Persero) in 2004-2007 and Deputy Director of
Development of PT RNI (Persero) 2007-2012.

d) J. Nanang Marjianto (HR and General Director)

 Personal information
Indonesian citizenship, domiciled in Jakarta, was born on August 8, 1973.
 Appointment Basis
Appointed as Director of PT RNI (Persero) based on Decree of the Minister of
State-Owned Enterprises No. SK– 259 / MBU / 10/2018.
 Education
Graduated with a Masters degree in Human Resource Management at the Faculty
of Education in Yogyakarta State University in 2002, then earned a Masters in
Constitutional Law at the University of Gadjah Mada University in 2011.
 Career Journey
Appointed Director of Human Resources and General of PT RNI (Persero) in
2018. Previously, he served as Director of PT Rajawali Nusindo in 2016-2018,
Commissioner of PT Rajawali Nusindo, Director of Finance and HR at Klaten
PDAM, Expert Commission VI of the Indonesian Parliament, Labor Expert
Directors of PT Semen Indonesia Tbk and UNICEF Consultants.
 PT RAJAWALI NUSANTARA INDONESIA
Jl. Denpasar Raya D. III Kuningan Jakarta
Telp. 021-2523820 / 021-2523830 Fax. 021-5202827
Webiste: http://www.rni.co.id/id

D. Company Group Structure