The Company has intensified its socialization scheme and implementation of all the rules given in the Corporate Code of Ethics. The Company has also socialized the corporate cultural points that will be developed into cultural values to be adhered to by all personnel in their day-to-day conduct.
The Company adopts the fundamental philosophy of Catur Dharma from the parent company, PT Astra International Tbk (Astra), which serves as a source of reference for all values, principles, ethics and policies in building the Company.
Amendments to the Articles of Association of PT United Tractors Tbk, which has been adjusted to Financial Services Authority Regulation No. 33/POJK.04/2014 dated 8 December 2014 on Board of Directors and Board of Commissioners Issuer or Public Company and Financial Services Authority Regulation No. 32/POJK.04/2014 dated 8 December 2014 on Plan and Implementation of the General Meeting of Shareholders of Public Company, and the Decree of Minister of Law and Human Rights.
Amendment to the capital structure of PT United Tractors Tbk as a result of the 4th limited public offering year 2011, and the Decree of Minister of Law and Human Rights.
The Audit Committee Charter has been stipulated since 21 March 2014 under Bapepam-LK Regulation No. IX.I.5 on Establishment and Implementation Guidance of the Audit Committee and no amendment to the Audit Committee Charter up to the date.
Chairman of Audit Committee
Indonesian citizen, age 77, appointed as Chairman of Audit Committee of PT United Tractors Tbk (the “Company”) since April 2015, and appointed as Independent Commissioner of the Company since May 2007.
Currently also serves as an Independent Commissioner of PT Samudera Indonesia Tbk, and PT Astra Agro Lestari Tbk. Other previous responsibilities once carried, served as a member of International Board of Directors for Habitat for Humanity International, a member of Board of Trustees of Universitas Indonesia and an Advisor to the Indonesia Physics Olympic Team. Since 1968, an active lecturer, a member of Supervisory Board and as the Director (1988 – 1998) at the PPM Management Institute. Since 1998, actively involved in Corporate Governance implementation in various companies and non-profit organizations.
Earned his degree in Psychology from Universitas Indonesia in 1967. Received a Doctoral degree in Business Administration from the University of Southern California, United States of America, in 1985.
Member of Audit Committee
An Indonesian citizen, age 67, appointed as a member of Audit Committee of the Company since March 2012.
He also serves as an Independent Commissioner and the Chairman of Audit Committee of PT Federal International Finance and a member of Audit Committee of PT Astra Honda Motor since 2008. Previously served as Director of Finance and Administration of PT Astra Daihatsu Motor in 1993-2008, a Managing Director of PT Traktor Nusantara and PT Swadaya Harapan Nusantara in 1991-1993, a Finance Director of PT Komatsu Indonesia in 1986-1991, as well as a Manager of the Company in 1978-1986. First joined the Company in 1973 as a staff.
Earned his degree as a Bachelor of Engineering, majoring Mechanical Engineering, from Akademi Teknik Nasional (now Institut Sains dan Teknologi Nasional) in 1973. In addition, he also attended the Executive Program on Corporate Management – AOTS (Japan) in 1988, Manucafturing Management – the SANNO Institute of Management (Japan) in 1990, and Astra Executive Program in 1991.
Member of Audit Committee
An Indonesian citizen, age 54, appointed as a member of Audit Committee of the Company since May 2013.
Currently also serves as a member of Audit Committee of PT Toyota Astra Financial Services and four other companies in Indonesia. Also as a Director of Master of Accounting Program and Professional Accounting Education and a Full Professor at the Faculty of Economic and Business, Universitas Indonesia. Her work experience including a lecturer at the Faculty of Economics, Universitas Airlangga (FE UNAIR) in 1987-1993, an Expert Staff at the Indonesian Business Data Center (PDBI) in 1996-1998, a Senior Auditor and Management Consultant for Public Accountant Firm “Johan, Malonda, and Partner” in 1987-1993. She is also a member of several academic & professional communities, including American Accounting Association (AAA), European Accounting Association (EAA), Ikatan Akuntansi Indonesia (IAI) and Indonesian Institute for Corporate Directorship (IIDC).
Earned her degree as a Bachelor of Economics (majoring Accounting) from Universitas Airlangga in 1985, received a Master of Business Administration (MBA), majoring General & Strategic Management, from Institut Pengembangan Management Indonesia (IPMI), affliated with Harvard Business School (Boston USA) in 1986, a Master of Management (MM), majoring Accounting Management, from Universitas Indonesia in 1994 and a Doctor of Philosophy (PhD), from Universitas Indonesia, in 2002.
Komjen Pol. (Purn) Drs. Nanan Soekarna
Chairman of Nomination and Remuneration Committee
An Indonesian citizen, age 60, appointed as a Chairman of Nomination and Remuneration Committee of PT United Tractors Tbk (the “Company”) since November 2015 and an Independent Commissioner of the Company since April 2015.
In 1979 joined Dan Unit Patko Sabhara Polda Metro Jaya and assigned in some Police unit in some Indonesia’s region. Assigned as Deputy Head of Regional Police (WAKAPOLDA) of Metro Jaya in 2003-2004. Assigned as Head of Regional Police (KAPOLDA) of West Kalimantan in 2004-2006. Expert Staff of Chief of the Police Force of the Republic of Indonesia in Socio-Political in 2006-2008, and KAPOLDA of North Sumatra in 2008-2009. Assigned as Inspector of General Supervision (IRWASUM) of the Police Force of the Republic of Indonesia in 2009-2011. Assigned as Deputy Chief of the Police Force of the Republic of Indonesia in 2011 – 2013.
Previously assigned in overseas, among others as PBB UN Police Mission (UNTAG) in Namibia, South Africa in 1990 and UN Police Mission (UNTAC) in Cambodia in 1992, also joined several trainings and seminars about Police Force in overseas.
Graduated from the Indonesian Police Armed Forces Academy in 1978, Police Staff College in 1986, Indonesian Republic Police Force Staff and Head College in 1995, Joint Staff and Command College of the Armed Forces in 1999, and National Defense Institute in 2005.
Member of Nomination and Remuneration Committee
An Indonesian citizen, age 53, appointed as a member of Nomination and Remuneration Committee of the Company since November 2015 and President Commissioner of the Company since May 2005.
Currently also serves as President Director of PT Astra International Tbk (“Astra”) since March 2010, responsible to overall Astra Group’s businesses. Previously served as a Director of Astra since May 2001 until February 2010. Joined with Astra since 1990. Before joining Astra, serves as Sales Engineering Manager at Daimler-Benz Indonesia.
Obtained a Dipl.-Ing. in Mechanical Engineering from the University of A. Sc. Konstanz, Germany in 1984 and Dipl.-Wirtschaftsing degree in Business Administration from the University of A. Sc. Bochum, Germany in 1986.
Member of Nomination and Remuneration Committee
An Indonesian citizen, age 60, appointed as a member of Nomination and Remuneration Committee of the Company since November 2015 and Commissioner of the Company since April 2015.
Previously served as the President Director of the Company since 2007 until 2015, Vice President Director for Marketing and Operational of the Company in 2001-2007, a Director of the Company in 1997-2000, and Head of Marketing Division of the Company in 1991-1996. Currently also served as Director of Astra Group since 2008.
Earned his degree as a Bachelor of Mechanical Engineering from Trisakti University in 1978.
SARA K. LOEBIS
An Indonesian citizen who served as Corporate Secretary since early of 2008 pursuant to Decree Number LUT/0040/9971/VI/08. Joined with the Company in 1996 at the Management Improvement and Development department of the Information System division. Started to hold a position as Investor Relations Manager from 2004 to 2007.
A bachelor graduate from Psychology Faculty of Universitas Indonesia in 1994, who has took the following trainings:
- The Good Corporate Governance (GCG) on the Annual Report, by Indonesia Corporate Secretary Association.
- The Corporate Secretary Roles on the Corporate Securities, by Indonesia Corporate Secretary Association.
- Economy Outlook 2013-2014, by Indonesia Corporate Secretary Association.
- Changes in Stock Exchange Rule No. I-A About the Registration of Shares and Equity Other Than Shares Issued by the Listed Company, by the Indonesia Stock Exchange.
- Correlation Between Implementation of GCG, Global Reporting Initiatives and Annual Report Award, by the Indonesia Stock Exchange.
- Exploring the IDX Regulation in 2014 as a part of GCG Implementation, by Indonesia Corporate Secretary Association.
- The Roadmap and Implementation of Good Corporate Governance, by Indonesia Corporate Secretary Association.
- The Duties and Functions of Corporate Secretary, by Indonesia Corporate Secretary Association.
- Corporate Website, by Indonesia Corporate Secretary Association.
- The Corporate Governance and Corporate Secretaries Toolkit, by Indonesia Corporate Secretary Association.
- Socialization of ASEAN Corporate Governance Scorecard, by Indonesia Financial Services Authority.
- The Role and Competence of Corporate Secretary in Implementing the Rules and Regulations of the Capital Market, by Indonesia Stock Exchange.
- Preparation of GCG and BOC-BOD GCG, by the Institute of Management Faculty of Economics, Universitas Indonesia.
The Audit Corporate Charter has been stipulated since 7 December 2009 under Bapepam-LK Regulation No. IX.I.7 on Establishment and Guidelines for Internal Audit Charter and no amendment to the Audit Corporate Charter up to the date.
Chairman of Corporate Internal Audit
An Indonesian citizen, appointed as a Chairman of Corporate Internal Audit since 2016 pursuant to Decree Number KEP/020/9980-A/I/2016 on 29 January 2016 and Letter of Approval from the Board of Commissioners Number 001/BOC-UT/II/2016 on 26 February 2016.
Joined the Company in 2005 as Administration Departement Head in one of the Company’s branch office. Previously served as Team Leader of Corporate Internal Audit from 2010 to 2013, and Procurement Department Head from 2014 to 2015.
Earned a degree as Bachelor of Economics in Economics and Development Studies at The University of Padjadjaran in 2004.
PT United Tractors Tbk (the “Company”) continuously identifies, analyzes and evaluates potential risks in regular basis. With such precaution, the Company’s organization is capable of performing necessary responses to the potential risks.
To prevent fraud, PT United Tractors Tbl (the “Company”) allows for a report from Company people and business partners regarding inappropriate transactions or the possibility of abuse of authority. The Company establishes a special Whistleblowing team to manage the system and to enhance transparency and accountability. The Board of Directors of the Company appoints Whistleblowing team that will handle reports of violation on the Company’s policy and the applicable laws and regulations.
Policy & Mechanism
The implementation of whistleblowing policy is based on three principles, clear reporting to prevent slander, protection for the whistleblower, and assurance for follow-ups.
Reporting parties should report to Whistleblowing team in writing, accompanied by supporting documents with evidences on such irregularities or violations. Reports may be submitted by mail, SMS or e-mail, addressed to Whistleblowing team. In principle, any informant will receive a reply affirming that the report will be followed up.
If the report contains information about one of Whistleblowing team members or Board of Directors of the Company’s subsidiaries, the report should be addressed to the President Director of the Company.
If the report contains any information about any member of the Company’s Board of Directors, the report should be addressed to President Commissioner of the Company.
The Company protects the people reporting such irregularities and violations.