About PT.PP

Corporate Governance

Board Of Director

As supporting instrument for Company’s managerial function implementation, the Board of Directors has been equipped with Board Manual for Board of Directors. 

Board Of Director

The Board Manual is prepared based on following prevailing Law and Regulations:

  • Law Number 40 of 2007 on Limited Company,
  • Law Number 19 of 2003 regarding State Owned Enterprise,
  • Government Regulation Number 45 of 2005 regarding State Owned Enterprise Establishment, Management, Monitoring and Dismissal; Minister of SOE Decree Number KEP-117/M-MBU/2002 juncto Minister of SOE Regulation Number PER-01/MBU/2011 dated August 1, 2011 concerning Good Corporate Governance Implementation in State Owned Enterprise juncto PER-09/MBU/2012 dated July 6, 2012, amendment of Minister of SOE Regulation Number PER-01/MBU/2011 regarding Good Corporate Governance Implementation in State Owned Enterprise dated May 21, 2012
  • Minister of SOE Regulation Number PER-03/ MBU/02/2015 regarding State Owned Enterprise Board of Directors Appointment and Dismissal Requirement and Mechanism. Regulation of the Financial Services authority Number: 31/ POJK-04/2015 concerning disclosure about material information by the issuer or public company.

The Board of Directors Manual includes the following aspects:

  • Board of Directors members tenure;
  • Board of Directors authority and responsibility;
  • Board of Directors meeting;
  • Board of Directors orientation program;
  • Remuneration;
  • Board of Directors competency development;
  • Long-Term Plan, Working and Budget Plan,
  • Annual Report;
  • Board of Directors performance assessment.