Audit Committee

Vision and Mission

To become an independent and professional partner for PTBA Board of Commissioners in order to support the Board of Commissioners’ duties and functions in implementing the good corporate governance.

To encourage and ensure the effectiveness of internal control system as well as the effectiveness of the external and internal performance of the auditors; to encourage the improvement of business progress and corporate accountability to optimize the added value of the company.

Profil of the Audit Committee

andi

Andi Pahril Pawi

Chairman

Born in Bone, April 4, 1962, he graduated from TNI General Staff and Command College, the Air Force Staff and Command College, and the Air Force Academy.

He has a career history as Expert Staff for Defense and Security of BIN (2017), Head of the Presidential Secretariat of the Military Security Secretariat (2014), and Head of the Personnel Bureau of the Armed Forces and the Police of the Presidential Military Secretariat (2012). The legal basis for the appointment as Independent Commissioner of PT Bukit Asam Tbk is the Resolution of the Annual General Meeting of Shareholders on June 10, 2020.

carlo

Carlo Brix Tewu

Vice Chairman

Born in Tondano, September 13, 1962, he graduated from the Police Academy, the National Police Staff College, the National Police Staff and Command College, and the National Defense Institute of the Republic of Indonesia.

He has a career history as Deputy for Law and Legislation of the Ministry of SOEs (2020), Deputy for Coordination in the Field of Security and Public Order at Coordinating Ministry for Political, Legal and Security Affairs (2016), and Director of Criminal Acts for Criminal Investigation (2015).

Dodi Masykur

Dodi Masykur

Member

Born in Padang, October 20, 1974, he obtained a Bachelor's degree in Economics, majoring in Accounting from Andalas University, Padang, West Sumatra. He began serving as a Member of the Company's Audit Committee since March 10, 2021 based on the Decree of the Board of Commissioners of PT Bukit Asam Tbk, Number: 02/SK/PTBA-DEKOM/III/2021 concerning the Appointment of Members of the Audit Committee of the Board of Commissioners of PT Bukit Asam Tbk.

He has working experience as a Public Accountant Auditor at KJA West Sumatra (December 1995 June 1997), Audit Assistant Manager at RSM Indonesia - KAP Aryanto Amir Jusuf & Mawar (January 2000 - November 2006), Audit Assistant Manager at Pricewaterhouse Coopers - KAP Haryanto Sahari & Partners (December 2006 - March 2008), Group Head Finance, Tax & Accounting at PT Energi Tata Persada / Catur Khita Persada Group Integrated Drilling and Project Management Services (April 2008 - July 2009), Managing Director at DDM Consulting - Accounting, Assurance, Finance & Business Advisory Services (August 2009 - March 2011), Nonresident Lecturer at Sahid University (September 2011-December 2012), Audit Committee at PT Barata Indonesia (Persero) (March 2011- September 2012), IFRS & ICoFR Specialist at PT Pertamina Patra Niaga (April 2011- March 2012), Internal Audit at PT Pertamina Patra Niaga (April 2012-2016), Audit Committee at PT Adhi Karya (Persero) Tbk (July 2017-August 2017), Audit Partner at KAP He rtanto Grace Karunawan - The International Accounting Group (TIAG) (March 2016 - present).

blank

Fadhila Achmadi Rosyid

Member

Born in Semarang, August 19, 1982, he obtained his Bachelor of Engineering, Mining Engineering Study Program at the Bandung Institute of Technology (2004), Masters in Engineering in Mineral Economics at the Bandung Institute of Technology (2007), and Doctor of Engineering in Mineral Economics at Akita University, Japan.

He began serving as a Member of the Company's Audit Committee since August 31, 2020 based on the Decree of the Board of Commissioners of PT Bukit Asam Tbk Number: 05/SK/PTBA-DEKOM/VIII/2020 concerning Dismissal and Appointment of Members of the Audit Committee of the Board Commissioner of PT Bukit Asam Tbk.

He currently works as a Lecturer (Assistant Professor) in the Mining Engineering Study Program at the Bandung Institute of Technology. He regularly presents research results at scientific forums at the national and international levels. In the organizational field, he has been active in the management of the Indonesian Mining Experts Association (Perhapi) in mining policy studies since 2010.

Audit Committee Board Manual

In performing their duties, the Audit Committee steadfastly upholds the prevailing laws and regulation. Although PTBA is no longer an independent State-Owned Enterprise, in certain matters, Bukit Asam continues to refer to the policies of PT Inalum as the holding company. Work guidelines of Audit Committee of the Company refer to the following regulations:

  1. Law of the Republic of Indonesia Number 17 of 2003 regarding State Finance, dated April 5, 2003;
  2. Law of the Republic of Indonesia Number. 19 of 2003 regarding State-Owned Enterprises, dated June 19, 2003;
  3. Law of the Republic of Indonesia Number 40 of 2007 regarding Limited Liability Companies dated August 16, 2007;
  4. Regulation of the Government of Republic of Indonesia Number. 45 of 2005 regarding Establishment, Management, Supervision, and Dissolution of State-Owned Enterprises, dated October 25, 2005;
  5. Regulation of the State Minister of State-Owned Enterprise No. PER-01/MBU/2011 regarding Implementation of Good Corporate Governance (GCG) at State-Owned Enterprises, as amended by the Regulation of State Minister of State-Owned Enterprise Number PER-09/MBU/2012, dated July 6, 2012;
  6. Regulation of the State Minister of State-Owned Enterprise Number Per-12/MBU/2012 regarding Supporting Organs for Board of Commissioners/Supervisory Board of State-Owned Enterprises, dated August 24, 2012;
  7. Decision of Board of Directors of Jakarta Stock Exchange Number KEP-305/BEJ/07-2004 regarding Regulation for Securities Listing Number 1-A regarding Listing of Shares and Equity Securities other than Shares issue by Listed Companies, dated July 19, 2004;
  8. Decision of Chairman of Capital Market and Financial Institutions Supervisory Board Number. KEP-643/BL/2012 regarding Establishment and Work Implementation Guidelines of Audit Committee, dated December 7, 2012;
  9. Regulation of Financial Services Authority Number 13/POJK.03/2017 regarding Use of Public Accountant Service and Accounting Firm in Financial Service Activities, dated March 27, 2017;
  10. Regulation of Financial Services Authority Number 55/ POJK.04/2015 regarding Establishment and Work Implementation Guidelines of Audit Committee, dated December 23, 2015;
  11. Articles of Assiociation of PT Bukit Asam (Persero) Tbk, which has been amended for several times with the last time through Notarial Decree Number 54 dated May 22, 2018 drawn up before Fathiah Helmi S.H., Notary in Jakarta and validated by the Minister of Law and Human Rights Number: AHU-AH.01.03-0214667;
  12. Resolution of the Board of Commissioners of PT. Bukit Asam, Tbk. Number 01/SK/PTBA-DEKOM/IV/2018 dated April 17, 2018 regarding the stipulation of Audit Committee Charter;
  13. Resolution of the Board of Commissioners of PT. Bukit Asam, Tbk Number 02/SK/PTBA-DEKOM/IV/2018 regarding the Appointment, Extension of the Member of Audit Committee of the Board of Commissioners PT. Bukit Asam, Tbk., dated April, 27 2018;
  14. Resolution of the Board of Commissioners of PT. Bukit Asam, Tbk Number 04/SK/PTBA-DEKOM/VIII/2018 regarding the Appointment of Audit Committee Member, dated August 31, 2018;
  15. Resolution of the Board of Commissioners of PT. Bukit Asam (Persero) Tbk Number 03/SK/PTBA-DEKOM/IV/2017 regarding Distribution of Duties of the Board of Commissioners.

 

Audit Committee Duties and Responsibilities

Based on the Decree of the Board of Commissioners Number: 09/SK/PTBADEKOM/XII/2012 dated December 26, 2012 about Audit Committee Establishment, the duties and responsibilities of the Audit Committee including:

  • To monitor and ensure that the accounting and financial records of the Company is conducted in accordance with the Financial Accounting Standard of Indonesia and other applicable regulations.
  • To monitor the management initiatives in maintaining the internal control system that includes evaluating the SPI Charter (Internal Audit Charter) and SPI work plan.
  • To ensure that the Company complies with the capital market laws and other fields related to the Company’s activities.
  • To ensure the establishment and implementation of the Company Code of Conducts.
  • To be responsible of the analysis, evaluation, recommendation, and information delivered by the Commissioners that is conducted properly and professionally.
  • To maintain the confidentiality of documents, data, and information of the Company and not to utilize for personal interests.

 

Audit Committee Authority

  • To fully and freely access records or information regarding employees, funds, assets, as well as other company’s resources, including periodical field trip;
  • To communicate and coordinate with internal parties regarding the implementation of its duty and authority mentioned above.

Committee Audit Charter

BUSINESS RISK COMMITTEE

Vision and Mission

To become a professional and independent committee to create a synergy between the Board of Commissioners and Board of Directors of PTBA to achieve the Company’s vision and mission.

  • Minimize corporate risks which may occur in the areas of business development, production and marketing operation;
  • Minimize the negative impact of the company’s activities on the environment.
  • Encouraging the creation of a fair nomination system to encourage increased work motivation;
  • Encourage the creation of a proper and adequate remuneration system;
  • Encouraging the creation of an HR development system in line with better principles and practices of Good Corporate Governance.

BUSINESS RISK COMMITTEE PROFILE

agus

Agus Suhartono (President Commissioner/Independent)

Ketua

Appointed as Commissioner since the EGM on October 10, 2013 with an educational background in Lemhanas (2003), Sesko TNI (1999), Seskoal (1994) and Akademi Angkatan Laut (1978).

Before serving as President Commissioner of PT Bukit Asam (Persero) Tbk, figure who was born in Blitar August 25, 1955, has served as TNI commander period of 2010 to 2013. Previously several important positions also being held, such as the Chief of Naval Staff (Navy Chief) in the year 2010 and became Inspector General of the Department of Defense.

irwandy

Irwandy Arif

 

Born in Ujung Pandang, December 28, 1951, he completed his Bachelor’s degree in Mining Engineering at the Bandung Institute of Technology, his Master’s degree in Industrial Engineering at the Bandung Institute of Technology, and his S3 degree at Ecole des Mines de Nancy, France.

He has a career history as Independent Commissioner of PT Vale Indonesia Tbk (2018), Underground Mining Advisor of PT Cibaliung Sumber Mineral Mineral (2011), and Independent Commissioner of PT Antam Tbk (2009). The legal basis for the appointment as Commissioner of PT Bukit Asam Tbk is the Resolution of the Annual General Meeting of Shareholders on June 10, 2020.

piterdono

E. Piterdono HZ

 

Born in Ogan Komering Ulu, November 22, 1960, he graduated from SMAN Budyawancana Yogyakarta, earned his Bachelor of Geological Engineering at UPN Veterans Yogyakarta, and obtained his Masters in Management at Bandar Lampung University.

He has a career history as Head of the Lampung Province Regional Revenue Agency (2020), Head of the Lampung Province Department of Mining and Energy (2014), and Head of the Lampung Province Manpower and Transmigration Office (2012). The legal basis for the appointment as Commissioner of PT Bukit Asam Tbk is the Resolution of the Annual General Meeting of Shareholders on June 10, 2020.

jhony

Jhoni Ginting, S.H., M.H.

 

Born in Medan, North Sumatra, June 12, 1961, he completed his Bachelor’s degree in law and continued his Master's degree in law at Airlangga University. He has a career history as Inspector General of the Ministry of Law and Human Rights (2018), Deputy III for Law and Human Rights at Menkopolhukam (2015), Director I for Economic and Monetary Affairs at Junior Attorney General Intelligence at the Attorney General's Office (2013), and Head of the South Sumatra High Court (2012) ).

xxx

Nora Sri Hendriyeni

Member of the Business Risk, Post Mining, CSR, Nomination, Remuneration & HR Development Committee

Born in Padang, January 15, 1973, she obtained Bachelor's degree in the Department of Accounting, Andalas University, West Sumatra (1995), Master of Management at Gadjah Mada University Yogyakarta (1998), and Ph.D in accounting at the University of Central Lancashire, United Kingdom (2018). Member of the Business Risk Committee, Post Mining, CSR, Nomination, Remuneration & HR Development of the Company since November 2, 2020 based on the Decree of the Board of Commissioners of PT Bukit Asam Tbk, Number: 18/SK/PTBA-DEKOM/XI/2020 concerning Appointment Member of the Business Risk Committee, Post Mining, CSR, Nomination, Remuneration & Human Resources Development Board of Commissioners of PT Bukit Asam Tbk.

She has working experience as Head of Undergraduate Program in Accounting at Nusantara Business Institute Jakarta (1998-2008), Member of PPM School of Management Core Faculty, Jakarta (2008-2009), Head of Undergraduate Program in Accounting, PPM School of Management, Jakarta (2009 -2014), and Graduate Program Director, PPM School Management (2019- present).

xxx

Dr. Ing. Tri Winarno

Member of the Business Risk, Post Mining, CSR, Nomination, Remuneration and HR Development Committee

Born in Yogyakarta, November 5, 1972, he earned a Bachelor of Engineering, Mining Engineering at UPN “Veteran” Yogyakarta (1997), Master of Engineering, Geological Engineering at Gadjah Mada University Yogyakarta (2006), Dr.-Ing, Faculty of Geoscience & Mining Technische Universitat Bergakademie Freiberg, Germany (2016). He began serving as a Member of the Business Risk Committee, Post Mining, CSR, Nomination, Remuneration and Human Resources Development of the Company since 2018. He has working experience as Head of Mineral and Coal Standardization Section (2009-2011), Head of Coal Conservation Section (2011-2013), Mineral and Coal Conservation Analyst (2013- 2017), and Head of Sub Directorate of Mineral and Coal Revenue Supervision (2017- present).

xxx

Helmiansyah Irawan

Member of the Business Risk, Post Mining, CSR, Nomination, Remuneration and HR Development Committee

Born in Jakarta, January 22, 1987, he earned his Bachelor's degree in Accounting at the Persada Indonesia University YAI (2004-2008), Masters in Financial Accounting at the YAI College of Economics (2012-2015), and is currently pursuing his PhD in Economics at Trisakti University . He began serving as a Member of the Business Risk Committee, Post Mining, CSR, Nomination, Remuneration and HR Development of PT Bukit Asam Tbk since September 30, 2020. Currently he is active as a Member of the Business Risk Committee, Post Mining, CSR, Nomination, Remuneration and HR Development of PT Bukit Asam Tbk and as a Partner at KAP Antadaya, Helmiansyah, Yassirli Member Firm of EURA Audit International.

BUSINESS RISK COMMITTEE WORK GUIDELINES

Independence of the Business Risk Committee, Nomination, Remuneration and HR Development (KRU & NR-PSDM) is independent in carrying out its duty or reporting on principle and practice. All committee members are independent and have competence and experience in their fields. The independence of the committee members is evident in the non-affiliation disclaimer with the Board of Directors, other Commissioners or PTBA controlling shareholder or employee of a company that has an affiliation or business with PTBA. All members of the committee do not have the authority to design, lead or control PTBA before assuming the position. Therefore, all of the independence requirements of KRU & NRPSDM members are fulfilled in accordance with the regulations and principles of GCG.

 

Business Risk Committee Duties and Authorities

Business Risk Committee Duties and Authorities

  1. To review types of insurance and business risk conducted by PTBA in accordance with the generally accepted level of fairness in mining companies;
  2. To monitor the development situation of coal price trend in domestic or international market for evaluation purpose as requested by PTBA Board of Commissioners;
  3. To study various risks faced by PTBA and risks implementation of the Board of Directors, as well as to evaluate and to give recommendations on risk management system applied by PTBA Board of Directors;
  4. To conduct periodical and on the spot field trip supervision as well as to identify all the risks that have occurred or to anticipate everything that may occur on the site;
  5. To monitor the post-mining period if all activities are conducted in accordance with the laws and regulations;
  6. To provide positive consideration on business development opportunities based on the research results to be submitted to PTBA Board of Commissioners and as a follow-up on PTBA Board of Commissioners policy;
  7. To give an early warning on risks that may occur as an impact on mining activities, policies, contracts, sales, investments, use of new equipment, and other business activities;
  8. To perform other tasks assigned by PTBA Board of Commissioners related to insurance, business risk, and post-mining.

 

Business Risk Committee Responsibilities

Since KRU & NR-PSDM is formed by, work for, as well as responsible to the Board of Commissioners, the responsibilities of the Committee is submitted in a written report which consists of:

  1. Quarterly report of the Committee’s activities
  2. Report for every implementation of the Committee’s duty which comprises of on-site facts, analysis, conclusions, and suggestions.

Piagam Komite Risiko Usaha