Board of Commissioners

Prof. PURNOMO YUSGIANTORO, Ir., M.Sc., M.A., Ph.D.

President Commissioner

History and Concurrent Positions:

-	President Commissioner of PT Bayan Resources Tbk.	10 January 2018 - present
-	Professor in Bandung Institute of Technology (ITB).	2015 - present
-	Professor in Defence University in Sentul, Bogor.	2015 - present
-	Lecturer in Summer Camp Institute of Defense and Strategic Studies (IDSS) Singapore.	2009 - present
-	Lecturer in Indonesia Army Command and General Staff School (Sesko TNI dan Sesko Angkatan).	2000 - present

Work Experiences:

-	Minister of Defense in the Ministry of Defense of the Republic of Indonesia.	2009 - 2014
-	Minister of Energy and Mineral Resources in the Ministry of Energy and Mineral Resources of the Republic of Indonesia.	2000 - 2009
-	Vice Governor of National Defense Institute (Lemhanas).	1998 - 2000
-	Governor of the Organization of Petroleum Exporting Countries (OPEC).	1993 - 1998
-	Secretary General of the Organization of Petroleum Exporting Countries (OPEC).	2002
-	President of the Organization of Petroleum Exporting Countries (OPEC).	2004
-	Chairman of Government’s Commissioner Board for PT Pertamina.	2000-2001
-	Head of the Marketing Department for PT Pertamina.	1993-1998
-	Assistant of the Minister of Mining and Energy at the Mining and Energy Department.	1993 - 1998
-	Vice President Director in Inca Oil Company.	1975-1985
-	Non-Permanent Lecturer in National Defense Institute (Lemhanas).	1993 -1999
-	Lecturer in ITB, UNIKA Atma Jaya, University of Colorado at Boulder and LPMI.	1980 - 2013
-	Lecturer in the Institute of Defense & Strategic Studies (IDSS), Singapore.	1998 - 2000
-	Consultant for ADB and World Bank in REDECON BESSINDO.	1988 – 1992
-	Consultant for ADB and World Bank in REDECON BESSINDO.	1975 - 1985

Education:

-	First Rank Wibawa Seroja Nugraha.	Regular Course Batch XXV	1992
-	PhD	In Natural Resource Economics from the Colorado School of Mines (CSM), Golden, Colorado, USA.	1988
-	MA	In Macro-economics from the Colorado University (CU) at Boulder, Colorado, USA.	1988
-	MSc	In Engineering from the Colorado School of Mines (CSM), Golden, Colorado, USA.	1986
-	Bachelor of Engineering (Undergraduate Degree)	In Engineering from the Bandung Institute of Technology (ITB).	1974

Honors/Medals/Awards:

Prof. Purnomo Yusgiantoro, Ir., M.Sc., M.A., Ph.D. received various domestic and foreign recognition with a total of 33 honors, medals, and awards given to him. In 2013, Prof. Purnomo Yusgiantoro was presented with The Maha Putra Adipradana award by the government of The Republic of Indonesia. The Maha Putra Adipradana is the second highest honor given by the President of The Republic of Indonesia to civilians of the highest services to Indonesia’s unity, continuity, and glory.

Organizational Experiences:

Prof. Purnomo Yusgiantoro, Ir., M.Sc., M.A., Ph.D. acted as the chair and advisory board in various organizations, especially those related to the energy and defense sector. He currently serves as the Chair of Advisory Board of National Defense Institute (Lemhannas) Alumni Association (IKAL) as well as being the Founding Board of The Indonesia Institute for Energy Economics. Additionally, he is also the Vice Chair of Advisory Board for The Institution of Engineers Indonesia and was the Chair of Advisory Board for Society of Indonesian Petroleum Engineers.

Publication:

-	Energy Economics: Theory and Application.	2018
-	Defense Economics: Theory and Practice.	2014
-	Indonesian Economics.	2010
-	International Financial Management: Theory and Practice.	2004
-	Footprints of Time: A Glimpse of Indonesia.	2009
-	Energy Economics: Theory and Practice.	2000
-	Analysis and Methodology of Indonesian Economics (co-author).	1991

Affiliation:

Purnomo Yusgiantoro is not affiliated with members of the Board of Directors and Board of Commissioners and with Controlling and/or Primary Shareholders.

Lifransyah Gumay SE Ak. MM. CA.

Commissioner

History and Concurrent Positions:

-	Commissioner of PT Bayan Resources Tbk.	10 January 2018 - present
-	Finance Director of PT Sumber Segara Primadaya - PLTU Cilacap.	January 2018 – present
-	Chairman of Risk Management & Good Corporate Governance Committee of PT PT Bayan Resources Tbk.	July 2021 - present
-	Member of Remuneration and Nomination Committee of PT Bayan Resources Tbk.	May 2020 - present

Work Experiences:

-	Commissioner of PT Sumber Segara Primadaya - PLTU Cilacap.	2009 – 2018
-	Member of the Audit Committee (Independent Committee) of PT Bakrie & Brothers Tbk.	2006 – 2018
-	Member of the Audit Committee of PT Bank Tabungan Negara (Persero) Tbk.	2005 - 2011
-	Economy Expert Staff in Democratic Party Faction of the People’s Representative Assembly of the Republic of Indonesia (DPR-RI).	2008 - 2010
-	Trainer in Indonesian Accounting Association (IAI) Cooperation Project with Partnership for Governance Reform in Indonesia.	2004
-	Member of Working Group of Business Competition Supervisory Committee or KPPU.	2003 - 2004
-	Member of Working Group in Cooperation Project between IAI and General Election Commission or KPU.	2003 - 2004
-	Main Researcher in Transparency International Indonesia.	2004 - 2005
-	Postgraduate program lecturer in Indonesian Management Development Institution or LPMI.	2003 - 2005
-	Senior Consultant in Accounting Development Center of Faculty of Economics of University of Indonesia (FEUI).	2002 - 2004
-	President Director of PT Dharma Sangkurindo Raharja.	1998 - 2001
-	Finance Director of PT Artekindo Group of Real Estate.	1992 - 1997
-	Financial Controller of IKAMUDA Group.	1990 - 1992
-	Senior Auditor of Ernst & Young International Public Accountant Office (previously Arthur Young International), Jakarta.	1986 - 1990

Education:

-	Magister Manajemen (Master’s Degree)	Graduated with Cum Laude from STIM-LPMI Jakarta.	2003
-	SE Ak. (Bachelor’s Degree)	from Faculty of Economics of the University of Indonesia, Accounting major.	1986

Affiliation:

Lifransyah Gumay SE Ak. MM. CA. is not affiliated with members of the Board of Directors and other member of Board of Commissioners and with Controlling and/or Primary Shareholders.

Prof. Dr. H. Moermahadi Soerja Djanegara, S.E., M.M., Ak., CA., CPA., CSFA.

Independent Commissioner

History and Concurrent Positions:

-	President Commissioner of PT Pelabuhan Indonesia II (Persero)	March 2020 - present
-	Rector in the Institut Bisnis dan Informatika Kesatuan Bogor	2021 - present
-	Supervisor and examiner for the Doctoral program of the Faculty of Economics and Business, Universitas Padjadjaran.	2016 - present
-	Professor of Accounting at the Institute of Economic Science (STIE) Kesatuan, Bogor.	2018 - present
-	Non-permanent Lecturer in the position of Professor of the Faculty of Economics and Business of Universitas Padjadjaran (UNPAD)	2018 - present

Work Experiences:

-	Chairperson of State Audit Board (BPK RI)	2017 - 2019
-	Member V of BPK RI	2014 - 2017
-	Member I of BPK RI	2009 - 2014
-	Independent Commissioner of PT Mitra Rajasa Tbk.	2008 - 2009
-	Commissioner of PT Pulau Kencana Raya (PKR)	2008

Audit and Management Consultancy Experiences

-	Member of the Audit Committee of PT Dahana (Persero)	2007 - 2009
-	Member of the Audit Committee of PT Djakarta Lloyd (Persero)	2008 - 2009
-	Member of the Audit Committee of PT Apexindo Tbk.	2009
-	Partner in Drs. Johan, Malonda, Astika & Rekan Public Accountant Office	2004 - 2007
-	Partner in Arifin Wirakusumah & Rekan Public Accountant Office	2002 - 2004
-	Managing Partner in Moermahadi & Rekan Public Accountant Office	1997 & 2002
-	Internal Auditor of PT TIHA International - HC Bank TATA Group	1995 - 1996
-	Supervisor of the Joint Finance and Development Supervision Agency (BPKP) Team - Ministry of Finance	1992 - 1995
-	Head of Section at the Deputy for Investigation at the BPKP	1992 - 1995
-	Auditor for the joint BPKP-Directorate General of Taxation team for the East Java Region	1989
-	East Java BPKP Auditor for Service Industry Supervision Sector	1988 - 1991
-	East Java BPKP Auditor for Supervision of Plantation and Mining State/Regional State Owned Enterprise (BUMN/D)	1984 - 1987
-	East Java BPKP Auditor for Supervision of BUMN/D Trade Mining Services Industry	1982 - 1984

Education Management Experiences

-	Chairman of Institute of Economic Science (STIE) Kesatuan Bogor	1996 - 2009
-	Director of Akademi Manajemen Kesatuan Bogor	2006 - 2009

Formal and Nonformal Education:

-	Ph.D (S3)	Accounting Economy, Universitas Padjadjaran, Bandung	2005
-	Master’s Degree (S2)	STIE IPWI, Jakarta	2000
-	Bachelor’s Degree (S1)	Accounting Economy, Universitas Padjadjaran, Bandung (State Registered Accountant D 2703).	1981
-	CSFA	Certified State Finance Auditor (CSFA) by State Finance Audit Institution (IPKN) Jakarta.	2019
-		Registered State Accountant by the Ministry of Finance of the Republic of Indonesia, Jakarta	2014
-	CA	Indonesia Chartered Accountant (CA) by Indonesian Accountant Association (IAI) Jakarta.	2012
-	CPA	Certified Public Accountant of Indonesia (CPA) by the Indonesia Public Accountant Institute (IAPI), Jakarta.	2009
-		BPKP Education and Training Center Investigation Refreshing Course - Attorney General's Office	1995
-		Third Batch Graduates of Advanced Administrative Leadership School (SEPALA), BPKP Education and Training Center, Jakarta	1993
-		Internship Assignment at the Office of the Inspector General, Office of Personnel Management, USA	1992
-		Auditing & Internship Program - USDA Graduate School, Washington DC, USA	1992
-		Refreshing Course of East Java BPKP Audit Management	1987
-		Directorate General of State Financial Supervision pre-services, Jakarta	1983

Awards/Medals/Honors:

-	Bintang Mahaputera Utama awarded by the President of the Republic of Indonesia	2019
-	Bintang Kartika Eka Paksi Utama awarded by the President of the Republic of Indonesia	2019
-	Bintang Mahaputera Nararya awarded by the President of the Republic of Indonesia	2014
-	Bintang Bhayangkara Utama awarded by the President of the Republic of Indonesia	2019
-	Member of Honor (Warga Kehormatan) of Hiu Kencana Submarine (awarded by Chief of Staff of the Indonesian Navy (KASAL)	2018

Organizational Experience:

Chair of the IAI Advisory Board for three terms (2009 to 2014, 2014 to 2018 and 2019 to 2023).

Scientific and Published Works:

-	INTERNATIONAL JOURNAL “The Analysis of Factors Affecting the Finding and Opinions of Local Government Financial Statements by Audit Board of the Republic of Indonesia: Studies on District Municipality on the Island of Sumatera and Java”, published in International Journal of Applied Business and Economic Research (IJABER), Vol. 14, No. 10.	2016
-	ACCREDITED NATIONAL JOURNAL “Pengaruh Kualitas Audit Terhadap Kualitas Laporan Keuangan Pemerintah Daerah” (The Effect of Audit Quality on the Quality of Local Government Financial Reports), published in Jurnal Akuntansi/Volume XXI, No. 03.	2017
-	INTERNATIONAL PROCEEDINGS “Factors Effecting the Possibility of Local Government Financial Statement to Get Unqualified Opinion”, a paper presented in The IAFOR International Conference on the Social Science in Dubai.	2016
-	BOOKS “Menuju Good Corporate Governance: Suatu Kajian Empiris” (Towards Good Corporate Governance, an Empirical Study), published by Kesatuan Press. - 2008 “Tax Amnesty dan PSAK 70: Akuntansi Aset dan Liabilitas Pengampunan Pajak” (Tax Amnesty and Statement of Financial Accounting Standards (PSAK) 70: Accounting for Tax Amnesty Assets and Liabilities), published by Kesatuan Press. - 2017 “Laporan Keuangan Pemerintah Daerah: Teori, Praktik, dan Permasalahan” (Local Government Financial Reports: Theory, Practice, and Problems), published by Kesatuan Press - 2017
-	UNACCREDITED NATIONAL JOURNALS Other writings that have been published in 12 Unaccredited National Journals.

Affiliations:

Prof. Dr. H. Moermahadi Soerja Djanegara, S.E., M.M., Ak., CA., CPA., CSFA. is not affiliated with members of the Board of Directors, Board of Commissioners and Controlling and Majority Shareholders, and does not own the shares of or cooperate with PT Bayan Resources Tbk (the Company) and the Company's subsidiaries, including its affiliates.

Budiman

Independent Commissioner

History and Multiple Positions:

-

Independent Commissioner of PT Bayan Resources Tbk.

2021 – present

-

President Commissioner of PT Hutama Karya Tbk.

2020 – present

-

Founder of Yayasan Pendidikan Budi Insan Cendekia

Founder of Yayasan Pendidikan Insan Madani Depok

2012 – present

2004 - present

Work Experience :

- - - - - - -	Military Secretary for the President / (Ministry of State Secretary) Pangdam IV / Diponegoro (TNI Headquaters) Training and Doctrin Commander (TNI AD Headquaters) Deputy of Staff Chief of ARMY (TNI AD Headquaters) General Secretary of Ministry of Defence Chief of Staff of ARMY (TNI AD Headquaters) Comissioner of PLN	2008 – 2009 2010 2010 – 2011 2011 – 2013 2013 2013 – 2014 2015 – 2019
-	Danton Yonzipur-3 Kodam III/ Siliwangi.	1979
-	Danki-A Yonzipur-3 Kodam III/ Siliwangi	1981
-	Dankitar Akabri Darat	1983
-	Pasiops Yon Dewasa Tasis Akmil	1984
-	Dan Kotakta Yontar Remaja	1988
-	Kasi Siapsat Bangbinsat Ditziad	1989
-	Kazi Kopassus	1994
-	Danden Zipur-6/Kodam VI Tanjung Pura	1990
-	Danyon Zipur-10 Kostrad	1995
-	Pabandya 2/Latgab Paban II/Sopsad	1996
-	Sespri Wakasad	1997
-	Sespri Kasad	1998
-	Koorspri Kasad	1998
-	Danpusdikzi Bogor	1999
-	Paban II/Bindik Spersad	2002
	Dandrem 061 / Surya Kencana Kodam III /Siliwangi	2003
-	Director of Strategic Policy Ministry of Defence	2006
-	Expert Staff Officer in Polkamnas (National Politic and Security) (TNI Headquaters)	2007

Education :

-	Military Academy	1978
-	Zeni Branch Basic Course	1979
-	Combat Engineer Basic Course, USA	1987
-	Zeni Officer Advance Course	1989
-	Combat Engineer Advanced Course, USA	1990
-	Sesko AD	1994
-	Sesko TNI	2001
-	Lemhanas	2005
-	Universitas Ahmad Yani	2011

Honour/Medal/Award:

General of TNI (Purn.) Budiman, S.IP has received various awards, among others:

Bintang Wira Adi Nugraha, Best graduate of Staff and Command School of Indonesian National Army (Sesko-TNI), in 2001
Best graduate of Sesko-AD, Best graduate of Staff and Command School of Ground Forces Army (Sesko-AD) in 1993/1994.
Bintang Adhi Makayasa, Best graduate from each Force, either TNI or Police Academy.
Taruna Terbaik Tri Sakti Wiratama, Highest achievement awarded to Taruna or Taruni of TNI or Police Academy, in the three combined aspects, mental, physical and intellect.
Bintang Jasa Utama, awarded by Government of Republic of Indonesia to those who have excellent contribution to the country in certain sector, event, or matter.
Bintang Dharma, Honorary recognition awarded to TNI member who have contributed and served the country beyond the vocation of military requirements, as an excellent recognition for the progress and development of TNI.
Bintang Kartika Eka Paksi Utama, Highest honorary award for the best which awarded by TNI Angkatan Darat Republik Indonesia for its corps members who have shown excellent ability, wisdom and contribution in military.
Bintang Yudha Dharma Pratama, Honorary award at advance level which mutually awarded by the armed forces, TNI and Polri (Indonesian Police).
Bintang Yudha Dharma Naraya, Honorary award at first level which mutually awarded by the armed forces, TNI and Polri (Indonesian Police).
Bintang Kartika Eka Paksi Pratama, Highest honorary award for the best which awarded by TNI Angkatan Darat Republik Indonesia for its corps members who have shown excellent ability, wisdom and contribution in military.
Bintang Kartika Eka Paksi Nararya, First Level Honorary Award which awarded by TNI Angkatan Darat Republik Indonesia for its corps members who have shown excellent ability, wisdom and contribution in military.
Satyalancana Kesetiaan VII Tahun
Satyalancana Kesetiaan XVI Tahun
Satyalancana Kesetiaan XXVI Tahun
Satyalancana Dwidja Sistha
Satyalancana Santi Dharma
Satyalancana UNOSOM
Satyalancana Seroja
Satyalancana Wira Siaga
Satyalancana Bhakti Sosial
Satyalancana Dharma Nusa
Satyalancana Sharma Bantala
Satyalancana Wira Dharma
Satyalancana Wira Nusa

Afiliation:

Budiman has no affiliation with any member of the Board of Directors and Board of Commissioners and with Controlling and/or Primary Shareholders. He also has no shares of Company and its subsidiary, either directly or indirectly.