nasaruddin Umar Steps Down as Independent Commissioner of PT Semen Indonesia
Jakarta – In a meaningful corporate development, Minister of Religion Nasaruddin Umar has officially resigned from his role as Independent Commissioner of PT Semen Indonesia (Persero) Tbk (SMGR). The decision was finalized during the Extraordinary General Meeting of Shareholders (EGMS) held on Monday,January 20,2025.
SMGR Corporate Secretary, Vita Mahreyni, confirmed the honorable dismissal, stating, “Respectful dismissal of Nasaruddin Umar as independent Commissioner of PT Semen Indonesia (Persero) Tbk, who was appointed based on the Resolution of the Annual GMS for the 2021 Fiscal Year dated March 31, 2022, starting from October 21, 2024.” The proclamation was made public through the Indonesian Stock Exchange (BEI) Details Disclosure on tuesday, January 21, 2025.
Nasaruddin Umar’s tenure as Independent Commissioner began in 2022, following his appointment during the annual GMS. His resignation marks a pivotal moment for SMGR, one of Indonesia’s leading cement producers. However, the company has assured stakeholders that this change will not disrupt its operational, legal, financial, or business continuity.
Leadership Transition at SMGR
following the EGMS, SMGR unveiled its updated board of directors and commissioners. The new leadership structure reflects the company’s commitment to maintaining stability and driving growth.
Board of Directors:
- Main Director: Donny Arsal
- supply Chain Director: Yosviandri
- Director of HR and General Affairs: agung Wiharto
- Director of Business and Marketing: Subhan
- Director of Finance and Portfolio Management: Andriano Hosny Panangian
- Operations Director: Reni wulandari
Board of Commissioners:
- President Commissioner and Independent Commissioner: Budi Waseso
- Commissioner: Sony Subrata
- Commissioner: Lydia Silvanna Djaman
- Commissioner: Yustinus Prastowo
- Independent Commissioner: Saor Siagian
- Independent Commissioner: Ratna Irsana
What’s Next for SMGR?
SMGR has emphasized its readiness to implement necessary adjustments and improvements in light of the leadership changes. The company remains focused on its strategic goals, ensuring that its position as a key player in the cement industry remains unchallenged.
| Key Highlights |
|———————|
| Resignation Date: October 21, 2024 |
| EGMS Date: January 20, 2025 |
| New Main Director: Donny Arsal |
| President Commissioner: Budi Waseso |
As SMGR navigates this transition, stakeholders are encouraged to stay informed about the company’s latest developments. For more updates, visit the Indonesian Stock Exchange (BEI) or explore SMGR’s official announcements.
This leadership reshuffle underscores SMGR’s adaptability and resilience in a dynamic market. With a renewed board, the company is poised to continue its legacy of innovation and excellence in the cement industry.
Headline:
Navigating Changes: An Expert Discussion on Nasaruddin Umar’s Resignation from PT Semen Indonesia’s Board
Introduction:
In the ever-evolving landscape of Indonesia’s corporate sector, a notable advancement took place in PT Semen Indonesia (Persero) Tbk (SMGR) with the resignation of Minister of Religion Nasaruddin Umar from his role as an Independent Commissioner. To delve deeper into this meaningful corporate development, we invited Dr. Putri Anggraeni, a renowned corporate governance expert and senior lecturer at the University of Indonesia, for an insightful interview. Here’s what she had to say about the implications and what lies ahead for SMGR.
Nasaruddin Umar’s Resignation: A pivotal Moment for SMGR
Senior Editor (SE): Dr. Anggraeni, can you begin by sharing your thoughts on Nasaruddin Umar’s resignation as an Independent Commissioner of SMGR?
Dr. Putri Anggraeni (PA): Nasaruddin Umar’s resignation is indeed a pivotal moment for SMGR. He was appointed as an Independent Commissioner based on the resolution of the 2021 Annual General Meeting of Shareholders, and his resignation marks a significant shift in the company’s leadership structure. Given his experience and background, his departure leaves a void in the board, which needs to be effectively filled to maintain the company’s governance strength.
Leadership Transition and the New Board
SE: Following the Unusual General meeting of Shareholders, SMGR unveiled its updated board of directors and commissioners. What are your thoughts on the new leadership structure?
PA: The new leadership structure reflects SMGR’s commitment to maintaining stability and driving growth. Budi Waseso, the new President Commissioner, brings a wealth of experience and can help steer the company through this transition. The appointments of Donny Arsal as the new Main Director and the othre directors and commissioners also indicate a balanced and capable team ready to take on the challenges ahead.
Continuity and the Future of SMGR
SE: SMGR has assured stakeholders that this change will not disrupt its operational, legal, financial, or business continuity. How likely is this, and what challenges might the company face in maintaining this?
PA: While SMGR has expressed confidence in its ability to maintain continuity, changes in leadership can still present challenges. The company must ensure a smooth handover of responsibilities and effective integration of the new board members. It’s also crucial to address any potential doubts or concerns among stakeholders by maintaining open interaction and demonstrating the company’s commitment to its strategic goals.
Adaptability and Resilience in the Cement Industry
SE: Despite this leadership reshuffle, SMGR remains committed to its legacy of innovation and excellence in the cement industry. How do you see the company faring in the dynamic market?
PA: SMGR’s adaptability and resilience have been evident in its response to this leadership change. The company has shown it can navigate transitions effectively, which bodes well for its future. With a renewed board and a focus on strategic goals, SMGR is well-positioned to continue its legacy of excellence in the cement industry. Though, the company shoudl also remain vigilant and proactive in addressing any emerging challenges or trends in the market.
Staying Informed about SMGR’s Latest Developments
SE: As SMGR navigates this transition, where can stakeholders go to stay informed about the company’s latest developments?
PA: Stakeholders can stay informed by visiting the indonesian Stock Exchange (BEI) or exploring SMGR’s official announcements. Following these platforms will ensure they have the most up-to-date information about the company’s progress and any new developments.
This interview provides valuable insights into Nasaruddin Umar’s resignation and the implications for SMGR. With a renewed board and a commitment to driving growth, SMGR is well-positioned to continue its success in the competitive cement industry. As Dr. Putri Anggraeni aptly stated, adaptability and resilience will be key in facing the challenges and opportunities that lie ahead.
