InfoSAWIT, JAKARTA – Ministry of Enterprises and Holding Perkebunan Nusantara III (Persero) officially established Sub Holding PalmCo by having mergers PT Perkebunan Nusantara (PTPN) V, VI, and XIII to PTPN IV. The merger separated assets and liability of PTPN III (Persero) into PTPN IV.
After the merger, Ministry of Enterprises assigned Jatmiko Santosa as the director who was also the Director of PTPN V for four years. PTPN V successfully highly got financial performance in the history of the company by implementing some transformation programs, digitalization, decarbonization, and replanting.
Board of Directors of PalmCo consists of six members, they are Rizal Damanik, Ryanto Wisnuardhy, Ugun Untaryo, Hilda Savitri, Suhendri, and Irwan Perangin Angin. Rizal Damanik who was the Director of PTPN XIII is now the Director of Operational PalmCo; Ryanto Wisnuardhy who was the Director of PTPN VII in Lampung is Director of Commercial and Marketing PalmCo.
Ugun Untaryo who has experiences in plantation sector and was a Senior Executive Vice President Business Support PT Indonesia Nabati Lestari is now as the Director of Strategy and Sustainability; Hilda Savitri, one female in the Board of Directors of PalmCo, is now the Director of Finance who worked at many offices in the Enterprises.
Suhendri, the former bos of PT SGN is now the Director of Human Resource and Information Technology; Irwan Perangin Angin, the former Director of PTPN II, would be with Jatmiko Santosa as Director of Institutional Relationship
Commissioner Board of PalmCo has been established. Dahlan Harahap is the Commissioner; Andi Wibisono and Fauzi Yusuf would be as Independent Commissioner; Arief Budiono and Arie Yuriwin would be as Members of Commissioner.
Jatmiko Santosa said that the first phase of the transition would be about to develop solid foundation and confirming that the operational would run well. He mentioned the commitment to realize the targets until the late of next year.
Director of Holding Perkebunan Nusantara III (Persero), Mohammad Abdul Ghani hoped that the new board of directors would conduct transition process and get integration wel in financial, system and operational aspects.
Ghani believed that Jatmiko Santosa and his team would realize the goals why PalmCo was established as the advance palm oil company, not only in on-farm but also in off-farm aspects to get downstream process, create values, and support sustainable renewable energy.
“Directors and commissioners that have been assigned, have incredible experiences to transform PalmCo to be the advance palm oil company, not only in on-farm but also in off-farm,” Ghani said, as InfoSAWIT quoted from the official page of PTPN V, Friday (8/12/2023). (T2)
