Jonan resigned, Mukijat the new Bahana CEO
Ignatius Jonan had tendered his resignation as CEO of state-owned investment bank company PT Bahana Pembinaan Usaha Indonesia (BPUI) after five years in that position.
Jonan managed to save the company from bankruptcy of huge bad loans to big boys like Peter Sondakh (Rajawali), Prajogo Pangestu (Barito), Arifin Panigoro (Medco), Agus Anwar (fugitive), Mohamad S. Hidayat (Chairman of Indonesian Chamber of Commerce & Industry, owner of MSH Group), and Hashim Djoyohadikusumo (Tirtamas, currently Nations Energy) following the financial crisis in 1997.
"Shareholders accepted his resignation and appointed Boyke WE Mukijat as the new CEO," said an official at Bank Indonesia, the central bank, which owns 80% shares of BPUI. Government owns the remaining 20% shares.
But people close to Jonan said BI and MSOE are just about to decide whether to accept or not Jonan's resignation.
It is not clear why Jonan resigned. But some sources said he felt no more chemistry with officers at the ministry of state owned enterprises who represent government as the shareholder of BPUI.
Boyke was BPUI's managing director BPUI, a key ally of Jonan when the company restructured the massive debts of Rp9.1 trillion (US$1 billion) back in 2001.
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Jonan managed to save the company from bankruptcy of huge bad loans to big boys like Peter Sondakh (Rajawali), Prajogo Pangestu (Barito), Arifin Panigoro (Medco), Agus Anwar (fugitive), Mohamad S. Hidayat (Chairman of Indonesian Chamber of Commerce & Industry, owner of MSH Group), and Hashim Djoyohadikusumo (Tirtamas, currently Nations Energy) following the financial crisis in 1997.
"Shareholders accepted his resignation and appointed Boyke WE Mukijat as the new CEO," said an official at Bank Indonesia, the central bank, which owns 80% shares of BPUI. Government owns the remaining 20% shares.
But people close to Jonan said BI and MSOE are just about to decide whether to accept or not Jonan's resignation.
It is not clear why Jonan resigned. But some sources said he felt no more chemistry with officers at the ministry of state owned enterprises who represent government as the shareholder of BPUI.
Boyke was BPUI's managing director BPUI, a key ally of Jonan when the company restructured the massive debts of Rp9.1 trillion (US$1 billion) back in 2001.
Labels: Hashim, Medco, Prajogo Pangestu, Sondakh
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posted by yosef at 9:18 PM
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