Governance & Ethics

MedcoEnergi's Commitment to Robust Corporate Governance

MedcoEnergi is dedicated to upholding robust Corporate Governance (GCG) standards of the highest caliber. Rooted in principles of Transparency, Accountability, Responsibility, Independence, and Fairness, GCG is integral to our corporate values and operational ethos. We prioritize enhancing management accountability, strengthening control functions, and fostering transparency to realize our vision effectively. These efforts yield significant advantages for both our company and stakeholders.

Our commitment to GCG aligns with Indonesian laws, including Law No. 40 of 2007 on Limited Liability Corporations and Law No. 8 of 1995 on Capital Markets; the Company’s Articles of Association; as well as regulations from the Indonesian Capital Markets and Financial Institution Supervisory Agency (Bapepam-LK) and the Indonesia Stock Exchange (IDX). Furthermore, we adhere to GCG standards outlined by the OECD and Indonesian GCG Guidelines.

Committee

Audit Committee

  • Marsillam Simandjuntak - Chairman
  • Ferry Sanjaya - Member
  • Hendry - Member
  • Ronny Siahaan - Secretary

Nomination and Remuneration Committee

  • Marsillam Simandjuntak - Chairman
  • Yani Y. Panigoro - Member
  • Yaser Raimi A. Panigoro - Member
  • Cisca W. Alimin - Member and Secretary

Sustainability and Risk Management Committee

  • Yani Y. Panigoro - Chairman
  • Marsillam Simandjuntak - Member
  • Yaser Raimi A. Panigoro - Member
  • Hilmi Panigoro - Member
  • Roberto Lorato - Member
  • Anthony R. Mathias - Member
  • Firman Dharmawan - Secretary

GCG Committee

  • Marsillam Simandjuntak - Chairman
  • Hilmi Panigoro - Member
  • Yani Y. Panigoro - Member
  • Yaser Raimi A. Panigoro - Member
  • Roberto Lorato - Member
  • Anthony R. Mathias - Member
  • Amri Siahaan - Member
  • Ronny Siahaan - Secretary

Corporate Ethics and Compliance Committee

  • Amri Siahaan - Chairman
  • Ronald Gunawan - Member
  • Anthony R. Mathias - Member
  • Siendy K. Wisandana - Member
  • Tia N. Ardianto - Member
  • Ronny Siahaan - Secretary