BOARD OF DIRECTORS

ERICK
WIHARDJA

PRESIDENT DIRECTOR

As one of the founding directors of Vasanta Group, he is responsible for investment planning, partnerships and day-to-day operations.

A former CFO of PT. Bekasi Fajar, a hybrid with vast expertise and experience in capital markets, corporate activities, mergers and acquisitions, and fundraising structures, he believes in the model of strategy by execution.

A cross-disciplinary thinker/maker process that places the end user at the centre of the development process to produce the best outcomes quickly.

He enjoys great architecture of various forms and doesn’t mind being on foot to explore them for miles. Although he is always pressed for time, he makes sure he has quality time with his two young children. A fun fact: he has a pet tortoise.

Erick Wihardja has 20 years of extensive expertise in capital markets, M&As, and fundraising strategies in Bekasi Fajar Industrial Estate Tbk., Argo Manunggal Group, Indika Energy. His expertise includes financial management, partnership, and corporate governance in the industrial real estate. 

EDUCATIONAL BACKGROUND
WORK EXPERIENCES

DENNY

DIRECTOR

With his expertise in marketing and sales, he is a driven and commercially savvy leader who can link businesses with consumers and make things happen thanks to his abilities in both areas.

He is also an expert at putting together a fully integrated team that uses a unique model that brings together strategy, creativity, media, and data and analytics at its core. Denny currently also sits on the board of directors of Pakuan Tbk.

With over 20 years of experience in real estate marketing, he has led over 5 project portfolios in Indonesia and Singapore, transacting over 7000 units for a total of more than USD 1.3 billion.

He is a tech enthusiast and an animal lover. He takes great pleasure in divulging world events and always stays up-to-date on the current affairs.

Denny Asalim has ~17 years’ experience in real estate marketing in Far East, CFLD, and City Developments Limited, oversaw ~7,000 units valued at more than ~US$1.3bn in Indonesia and Singapore. His expertise revolves around marketing, branding, and communication in the commercial real estate.  

WORK EXPERIENCES

JON SUKARDI PURBA

EXECUTIVE DIRECTOR

He is a highly experienced professional with over 16 years of invaluable expertise in project management, construction management, infrastructure planning and development, and architecture design and engineering.

Known for his compassionate leadership approach, he understands the importance of leading with empathy and fostering a supportive work environment. Additionally, he recognizes the significance of mentoring and has actively contributed to the growth and development of aspiring professionals throughout his career. His adept management abilities, combined with his compassionate and mentoring mindset, have been instrumental in successfully overseeing projects worth over 1 billion USD in total.

He enjoys spending quality time with his family, engaging in activities such as watching movies, cycling, jogging, and swimming. Furthermore, he actively participates in community-level initiatives, dedicating his efforts to various rejuvenation and renovation programs for public facilities. This includes projects related to public parks, and restoration endeavors.

Jon Sukardi Purba is highly experienced in area of project management and property construction and has extensive knowledge property landscape, project development strategy, and construction. 

EDUCATIONAL BACKGROUND
WORK EXPERIENCES

BOARD OF COMMISSIONER

ERICK
WIHARDJA

PRESIDENT DIRECTOR

As one of the founding directors of Vasanta Group, he is responsible for investment planning, partnerships and day-to-day operations.

A former CFO of PT. Bekasi Fajar, a hybrid with vast expertise and experience in capital markets, corporate activities, mergers and acquisitions, and fundraising structures, he believes in the model of strategy by execution.

A cross-disciplinary thinker/maker process that places the end user at the centre of the development process to produce the best outcomes quickly.

He enjoys great architecture of various forms and doesn’t mind being on foot to explore them for miles. Although he is always pressed for time, he makes sure he has quality time with his two young children. A fun fact: he has a pet tortoise.

Erick Wihardja has 20 years of extensive expertise in capital markets, M&As, and fundraising strategies in Bekasi Fajar Industrial Estate Tbk., Argo Manunggal Group, Indika Energy. His expertise includes financial management, partnership, and corporate governance in the industrial real estate. 

EDUCATIONAL BACKGROUND
WORK EXPERIENCES

DENNY

DIRECTOR

With his expertise in marketing and sales, he is a driven and commercially savvy leader who can link businesses with consumers and make things happen thanks to his abilities in both areas.

He is also an expert at putting together a fully integrated team that uses a unique model that brings together strategy, creativity, media, and data and analytics at its core. Denny currently also sits on the board of directors of Pakuan Tbk.

With over 20 years of experience in real estate marketing, he has led over 5 project portfolios in Indonesia and Singapore, transacting over 7000 units for a total of more than USD 1.3 billion.

He is a tech enthusiast and an animal lover. He takes great pleasure in divulging world events and always stays up-to-date on the current affairs.

Denny Asalim has ~17 years’ experience in real estate marketing in Far East, CFLD, and City Developments Limited, oversaw ~7,000 units valued at more than ~US$1.3bn in Indonesia and Singapore. His expertise revolves around marketing, branding, and communication in the commercial real estate.  

WORK EXPERIENCES

JON SUKARDI PURBA

EXECUTIVE DIRECTOR

He is a highly experienced professional with over 16 years of invaluable expertise in project management, construction management, infrastructure planning and development, and architecture design and engineering.

Known for his compassionate leadership approach, he understands the importance of leading with empathy and fostering a supportive work environment. Additionally, he recognizes the significance of mentoring and has actively contributed to the growth and development of aspiring professionals throughout his career. His adept management abilities, combined with his compassionate and mentoring mindset, have been instrumental in successfully overseeing projects worth over 1 billion USD in total.

He enjoys spending quality time with his family, engaging in activities such as watching movies, cycling, jogging, and swimming. Furthermore, he actively participates in community-level initiatives, dedicating his efforts to various rejuvenation and renovation programs for public facilities. This includes projects related to public parks, and restoration endeavors.

Jon Sukardi Purba is highly experienced in area of project management and property construction and has extensive knowledge property landscape, project development strategy, and construction. 

EDUCATIONAL BACKGROUND
WORK EXPERIENCES

GCG Structure

Our GCG (Good Corporate Governance) implementation is supported by several key elements:

General Meeting of Shareholders (GMS)

The GMS serves as the paramount decision-making body of the company. It is responsible for setting strategic directions, authorizing significant actions, and approving changes in governance and profit allocation. Shareholder participation is actively encouraged, ensuring their rights to approve corporate plans and governance changes are fully realized.

Board of Commissioners

The Board of Commissioners has the following duties and responsibilities:

  • Oversight: Rigorously monitor the company’s management by the Directors.
  • Supervision: Ensure the company adheres to its vision and mission as directed by shareholders.
  • Feedback: Provide critical feedback to the Directors to maintain a balance between the company’s strategic planning and oversight.
  • Monitoring: Oversee GCG practices related to financial management and asset preservation.

The supervisory function is carried out in alignment with the principles of Good Corporate Governance and the guidance of shareholders. The performance reports presented periodically by Directors are reviewed at joint meetings between the Commissioners and Directors. The Commissioners work closely with the Audit Committee in carrying out their duties.

Board of Directors

The Board of Directors is responsible for:

  • Strategic Planning: Management and oversight of all business operations.
  • Execution: Implementing approved plans while enhancing operational efficiency and effectiveness for continuous performance evaluation.
  • GCG Compliance: Ensuring all company elements uphold GCG principles, fostering an accountable organizational culture.

Audit Committee

The Audit Committee of PT Sirius Surya Sentosa Tbk works closely with the Board of Commissioners to assist in fulfilling the supervisory function over GCG implementation within the working setting.

The Committee also performs the following duties and responsibilities:

  • Analysis: Analyze reports from the Directors and operational units.
  • Advice: Offer independent, professional advice on critical issues to the Board of Commissioners.
  • Collaboration: Collaborate with Independent Auditors to improve business efficiency and effectiveness.

Corporate Secretary

The Corporate Secretary is responsible for collecting and communicating material information to shareholders in a timely and accurate manner. Working closely with the Corporate Legal and Compliance Unit, the Corporate Secretary ensures regulatory compliance, staying aware of changes in rules and regulations applicable to the Indonesia Stock Exchange.

The Corporate Secretary’s responsibilities include:

  • Regulation Monitoring: Keeping track of developments in capital market regulations.
  • Investor Communication: Providing investors with necessary company information.
  • Regulatory Compliance: Advising the Directors on compliance with regulations.
  • Communication: Facilitating communication between the company, regulatory authorities, and the public.

In addition to these duties, the Corporate Secretary supports the realization of the corporate vision, mission, and strategies. This role also involves nurturing relationships with institutions and media communities to build the company’s image and engaging with non-market communities through corporate social responsibility initiatives.

Internal Control & Audit System

The internal audit function routinely assesses our accounting system and internal controls. Regular evaluations are conducted across business units to ensure operational integrity.

Information Transparency

We understand that information disclosure is crucial for a public company, and we take this responsibility very seriously. All capital market disclosures are made in a timely manner and submitted to regulatory authorities. Information about our hotels and latest projects is available on our website, along with an archive of quarterly and annual reports and corporate actions. Shareholders can also contact us via email at corsec@vasanta.co.id for inquiries.

Remuneration of Board of Commissioners and Board of Directors

Remuneration for the Board of Commissioners and Board of Directors is performance-based, with the Board of Commissioners holding the authority to determine compensation structures.