Arwin resigned, Rinaldi the new CEO
Shareholders finally appointed Rinaldi Firmansyah as the new CEO for PT Telekomunikasi Indonesia (Telkom) Tbk after Arwin Rasyid resigned from the post, Detik.com reported. Other directors, Garuda Sugardo, John Welly, and Guntur Siregar also resigned.
So, Telkom's new BOD line-up is as follows:
CEO: Rinaldi Firmansyah (former CFO)
Director for Network: I Nyoman GW
Director for HR: Faisal Syah
Director for consumer: Ermady Dahlan
Director for Enterprise & wholesale: Arief Yahya
Director of finance: Sudiro Asno
Director for compliance & risk: Prasetyo
Chief Information Technology: Indra Utoyo
Board of Commissioners: Reinstalled & extended till March 2009. WOW!
So, can we conclude this is a big win for Tanri Abeng's gang?
"Arwin actually tried to do good things to clean up Telkom. But you know there are people inside & outside the company that losing out the cakes. They cornered Arwin and kicked him out completely so they could resume their activities," one Telkom executive said.
"It's clear the reshuffle at Telkom is a result of high politics at play. Rinaldi is good, but don't ask whether he is clean or not. Don't look that way. You gotta look at it as part of political deal," an investment banker said.
"The fact that Tanri Abeng's team is firm in their position clearly shown the political deal," an analyst said.
But Arwin has been regarded as President SBY's man. How come that the president let him go while VP Jusuf Kalla's man Tanri Abeng is maintained there until 2009?
"Well, we can't say whether Rinaldi is the president's man or VP's gang. He could probably the man of both guys. He may also has established relationship with MSOE Sugiharto during Bahana years when Sugiharto was CFO at Medco, while Bahana was the advisor. So, we can't simply conclude that way," one political analyst said.
Hm...two years before election, everybody's looking for something!
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So, Telkom's new BOD line-up is as follows:
CEO: Rinaldi Firmansyah (former CFO)
Director for Network: I Nyoman GW
Director for HR: Faisal Syah
Director for consumer: Ermady Dahlan
Director for Enterprise & wholesale: Arief Yahya
Director of finance: Sudiro Asno
Director for compliance & risk: Prasetyo
Chief Information Technology: Indra Utoyo
Board of Commissioners: Reinstalled & extended till March 2009. WOW!
So, can we conclude this is a big win for Tanri Abeng's gang?
"Arwin actually tried to do good things to clean up Telkom. But you know there are people inside & outside the company that losing out the cakes. They cornered Arwin and kicked him out completely so they could resume their activities," one Telkom executive said.
"It's clear the reshuffle at Telkom is a result of high politics at play. Rinaldi is good, but don't ask whether he is clean or not. Don't look that way. You gotta look at it as part of political deal," an investment banker said.
"The fact that Tanri Abeng's team is firm in their position clearly shown the political deal," an analyst said.
But Arwin has been regarded as President SBY's man. How come that the president let him go while VP Jusuf Kalla's man Tanri Abeng is maintained there until 2009?
"Well, we can't say whether Rinaldi is the president's man or VP's gang. He could probably the man of both guys. He may also has established relationship with MSOE Sugiharto during Bahana years when Sugiharto was CFO at Medco, while Bahana was the advisor. So, we can't simply conclude that way," one political analyst said.
Hm...two years before election, everybody's looking for something!
Labels: TELKOM
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posted by yosef at 5:59 PM
4 Comments:
The govt officials and these so-called SOEs managers must understand that they have become too big to hide. They must make their case before the bar of public opinion. If they fail to do so, their wings will be clipped. That is the price of democracy, but capitalism and democracy are long-term process of trial and error. We should welcome the trials. It is how we learn.
Why we keep using face saving language like "resigned" - be honest - Arwin has been fired / dumped.
You cannot clean-up and fight alone the war against corruption. The board of commissioner is to strong and vested interest is deeply rooted. If you cannot play the game with them, than better step down.
Corruption in Indonesia is becoming a collective national sport and socially rewarding.
Jobs at the B.O.D. or B.O.C. of SOEs are filled with people who can “play” with the same tune. This is a crucial fundamental lesson for every new high-ranking employee.
It is sad that corruption always prevail in Indonesia, so don’t dream, corruption will go for another 3 to 5 generations of Indonesians unless ….!?!
i cant stand this. They are all professionals : tanri, arwin, or rinaldy. Okay, tanri is a professional with strong political clout.
But when a new CEO called in an AGM asking to replace the board of directors and the board of commissioners with his team or he is out, that tells me there are irreconciable professional differences to work together; may be a simple lack of leadership skill is the problem here.
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