Risk, Corporate Governance, and Development at PT Bio Farma (Persero) supports the Board of Commissioners in overseeing and guiding critical aspects of the company’s risk management, business development, and compliance with Good Corporate Governance (GCG) standards. Key responsibilities include risk assessment, management of financial and operational risks, and compliance monitoring to meet Ministry of State-Owned Enterprises regulations. Tasked, among others, with evaluating Bio Farma’s Annual (and Long Term) Business Plan and Budget, reviewing capital expenditure, and assessing new business initiatives, ensuring they align with the company’s strategic objectives, ministerial mandate, and regulatory requirements.Also involved in overseeing risk mitigation strategies, particularly in managing the PKPU (Debt Suspension) process for subsidiary companies.

Lead the analytical process and client relationship management to ensure that projects are delivered on time and meet the quality standards of the firm.Manage staff under supervision, provide guidance as required in the assignment, and provide guidance for career development.Selected engagements Bankruptcy Restructuring:Project manager for a bankruptcy restructuring engagement under PKPU (court-mandated restructuring following a suspension of payment) scheme for an Indonesian petrochemical company, with total restructured debt of USD 1.7billion. Following successfull approval of the restructuring plan, worked with other engaged professionals for the issuance of shares and Euroclear/Clearstream notes.Merger and Acquisition:Bankruptcy restructuring and acquisition of a private airline company, sell side assignment• Conducted comprehensive cash flow analysis as a part of business case development to demonstrate the benefit of the restructuring initiative to the credito• Conducted external market analysis and competitor benchmark to assess the feasibility of the client to restructuring initiative.• Performed program management office to coordinate the overall restructuring process and interactions between multiple stakeholders• The assignment resulted in USD 250 million debt conversion of unsecured obligation, restructuring of USD 2.5 million debt to two airport authorities and insurance provider and USD 20 million of capital injection from new investorDue diligence to support a private equity backed acquisition in telecommunication industry• Led a financial due diligence of three target companies in the telecommunication and supporting infrastructure business with total asset of USD 268 million • The assignment resulted in the identification of potential acquisition risks and a comprehensive recommendations on mitigation strategies during its execution

A management consulting firm with a vision to unleash value and create opportunities for Indonesian Enterprises.Selected engagements:Financial AdvisoryValuation of prepayment options for one of the largest Indonesian coal mining company • Conduct valuation to 3 tranches of loan through binomial asset pricing model and develop a business case that prove its compliance with the prevailing accounting standards• The assignment resulted in net profit impact of USD 192 millionBusiness IncubationEstablishment of operational groundwork for a start up pathcouli plantation company• Led the establishment of core operational activities including nursery, transplanting, harvesting and refining of pathcouli oil• Implemented a set of Standard Operating Procedures (SOP) and analyzed the suitability in regards to actual operational condition to identify appropriate amendmends

Specialty boutique in carbon development, CER advisory, renewable energy and environmental finance. Focus on South East Asia particularly Indonesia.During my employment at Arghajata Consulting, I was seconded into GreenWorksAsia to work on carbon finance assignments in cooperation with Climate Change Capital.Carbon Credit/Clean Development Mechanism, a Joint project with Climate Change Capital Ltd• Project valuation, liaising with legal professionals to agree on key terms for a funding opportunity on various clean development mechanism projects with, estimated value of USD 6 - 20 million.