The composition of the Remuneration Committee of the Company is as follows:

Chairman  :  Mohamed Idwan Ganie
Member :  Rosano Barack
  :  Beti Puspitasari Santoso
  :  Yuliani Kuniawan
"


The profiles of Mr. Mohamed Idwan Ganie as Chairman, Mr. Rosano Barack and Ms. Beti Puspitasari Santoso as members, wherein each individual also serves as Independent Commissioner, President Commissioner and Independent Commissioner respectively can be seen in Board of Commissioners Profile.

The duties and responsibilities of the Remuneration Committee are:

  • To evaluate remuneration policies and provide recommendations to the Board of Commissioners regarding the amount of remuneration and bonuses for the Boards of Commissioners and Directors, as well as senior executives.
  • To assess the Group’s payroll and administration of allowances and benefits.
  • Ensure that the remuneration policy is in accordance with the Group’s financial performance, individual job performance, the strategy and long-term goal, as well as fairness amongst peer groups.
  • Supervise the implementation of the remuneration system in accordance with the policy requirements.

The Remuneration Committee’s independence can be witnessed through the presence of 3 members from the Board of Commissioners with the function of supervising the Company’s performance.

Remuneration of the Board of Commissioners and Directors
In 2018 the remuneration received by the Board of Commissioners totals to Rp. 4.559.770.000,- and the total for the Board of Directors is Rp. 8.453.179.000,-

Procedures and Basis in Determining the Remuneration of the Board of Commissioners and Directors
The Remuneration Committee evaluates and recommends to the Board of Commissioners on policies/amount of remuneration of each member of the Board of Commissioners and Directors, based on evaluations of their performance in the Company within previous years, and adjustments are made based on remunerations of executives from similar industries.

Implementation of Remuneration Committee Activities

  • Evaluate and recommend to the Board of Commissioners the policies/remuneration amount for members of the Boards of Commissioners and Directors.
  • Supervise the remuneration system in accordance with policies determined.