Board of Commissioners

Prof. PURNOMO YUSGIANTORO, Ir., M.Sc., M.A., Ph.D.
President Commissioner
History and Concurrent Positions:
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President Commissioner of PT Bayan Resources Tbk. |
10 January 2018 - present |
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Professor in Bandung Institute of Technology (ITB). |
2015 - present |
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Professor in Defence University in Sentul, Bogor. |
2015 - present |
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Lecturer in Summer Camp Institute of Defense and Strategic Studies (IDSS) Singapore. |
2009 - present |
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Lecturer in Indonesia Army Command and General Staff School (Sesko TNI dan Sesko Angkatan). |
2000 - present |
Work Experiences:
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Minister of Defense in the Ministry of Defense of the Republic of Indonesia. |
2009 - 2014 |
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Minister of Energy and Mineral Resources in the Ministry of Energy and Mineral Resources of the Republic of Indonesia. |
2000 - 2009 |
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Vice Governor of National Defense Institute (Lemhanas). |
1998 - 2000 |
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Governor of the Organization of Petroleum Exporting Countries (OPEC). |
1993 - 1998 |
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Secretary General of the Organization of Petroleum Exporting Countries (OPEC). |
2002 |
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President of the Organization of Petroleum Exporting Countries (OPEC). |
2004 |
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Chairman of Government’s Commissioner Board for PT Pertamina. |
2000-2001 |
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Head of the Marketing Department for PT Pertamina. |
1993-1998 |
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Assistant of the Minister of Mining and Energy at the Mining and Energy Department. |
1993 - 1998 |
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Vice President Director in Inca Oil Company. |
1975-1985 |
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Non-Permanent Lecturer in National Defense Institute (Lemhanas). |
1993 -1999 |
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Lecturer in ITB, UNIKA Atma Jaya, University of Colorado at Boulder and LPMI. |
1980 - 2013 |
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Lecturer in the Institute of Defense & Strategic Studies (IDSS), Singapore. |
1998 - 2000 |
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Consultant for ADB and World Bank in REDECON BESSINDO. |
1988 – 1992
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Consultant for ADB and World Bank in REDECON BESSINDO. |
1975 - 1985 |
Education:
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First Rank Wibawa Seroja Nugraha. |
Regular Course Batch XXV |
1992 |
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PhD |
In Natural Resource Economics from the Colorado School of Mines (CSM), Golden, Colorado, USA. |
1988 |
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MA |
In Macro-economics from the Colorado University (CU) at Boulder, Colorado, USA.
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1988 |
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MSc |
In Engineering from the Colorado School of Mines (CSM), Golden, Colorado, USA. |
1986 |
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Bachelor of Engineering (Undergraduate Degree)
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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:
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Energy Economics: Theory and Application. |
2018 |
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Defense Economics: Theory and Practice. |
2014 |
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Indonesian Economics. |
2010 |
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International Financial Management: Theory and Practice. |
2004 |
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Footprints of Time: A Glimpse of Indonesia. |
2009 |
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Energy Economics: Theory and Practice. |
2000 |
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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 |
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Member of the Audit Committee of PT Bank Tabungan Negara (Persero) Tbk. |
2005 - 2011 |
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Economy Expert Staff in Democratic Party Faction of the People’s Representative Assembly of the Republic of Indonesia (DPR-RI). |
2008 - 2010 |
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Trainer in Indonesian Accounting Association (IAI) Cooperation Project with Partnership for Governance Reform in Indonesia. |
2004 |
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Member of Working Group of Business Competition Supervisory Committee or KPPU. |
2003 - 2004 |
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Member of Working Group in Cooperation Project between IAI and General Election Commission or KPU. |
2003 - 2004 |
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Main Researcher in Transparency International Indonesia. |
2004 - 2005 |
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Postgraduate program lecturer in Indonesian Management Development Institution or LPMI. |
2003 - 2005 |
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Senior Consultant in Accounting Development Center of Faculty of Economics of University of Indonesia (FEUI). |
2002 - 2004 |
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President Director of PT Dharma Sangkurindo Raharja. |
1998 - 2001 |
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Finance Director of PT Artekindo Group of Real Estate. |
1992 - 1997 |
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Financial Controller of IKAMUDA Group. |
1990 - 1992 |
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Senior Auditor of Ernst & Young International Public Accountant Office (previously Arthur Young International), Jakarta. |
1986 - 1990 |
Education:
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Magister Manajemen (Master’s Degree) |
Graduated with Cum Laude from STIM-LPMI Jakarta. |
2003 |
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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:
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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 |
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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), |
2017 |
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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 |
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BOOKS
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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:
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Independent Commissioner of PT Bayan Resources Tbk. |
2021 – present |
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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 :
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- - - - - - |
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 |
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Danton Yonzipur-3 Kodam III/ Siliwangi. |
1979 |
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Danki-A Yonzipur-3 Kodam III/ Siliwangi |
1981 |
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Dankitar Akabri Darat |
1983 |
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Pasiops Yon Dewasa Tasis Akmil |
1984 |
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Dan Kotakta Yontar Remaja |
1988 |
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Kasi Siapsat Bangbinsat Ditziad |
1989 |
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Kazi Kopassus |
1994 |
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Danden Zipur-6/Kodam VI Tanjung Pura |
1990 |
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Danyon Zipur-10 Kostrad |
1995 |
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Pabandya 2/Latgab Paban II/Sopsad |
1996 |
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Sespri Wakasad |
1997 |
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Sespri Kasad |
1998 |
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Koorspri Kasad |
1998 |
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Danpusdikzi Bogor |
1999 |
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Paban II/Bindik Spersad |
2002 |
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Dandrem 061 / Surya Kencana Kodam III /Siliwangi |
2003 |
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Director of Strategic Policy Ministry of Defence |
2006 |
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Expert Staff Officer in Polkamnas (National Politic and Security) (TNI Headquaters) |
2007 |
Education :
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Military Academy |
1978 |
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Zeni Branch Basic Course |
1979 |
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Combat Engineer Basic Course, USA |
1987 |
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Zeni Officer Advance Course |
1989 |
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Combat Engineer Advanced Course, USA |
1990 |
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Sesko AD |
1994 |
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Sesko TNI |
2001 |
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Lemhanas |
2005 |
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Universitas Ahmad Yani |
2011 |
Honour/Medal/Award:
General of TNI (Purn.) Budiman, S.IP has received various awards, among others:
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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. |