Audit Committee

Ganesh Chander Grover
Chairman of Audit Committee

Ganesh Chander GroverIndonesian citizen, 80 years old. He holds a degree in Public Accounting from The Institute of Chartered Accountants of India, New Delhi, India. Having previously served in the Company as Commissioner (2000) and President Commissioner (2001 – 2009), he was appointed as Chairman of Audit Committee in 2019 based on the decree of the Company’s Board of Commissioners dated July 8, 2019, which is also as Independent Commissioner.

He started his career as a Finance Manager and Corporate Secretary at Bist Industrial Corporation, a sugar company in New Delhi, India (1964 – 1966), then he worked at USAID, the American Embassy in New Delhi, India and Jakarta, Indonesia (1966 – 1975). From 1975 to 1990 he was appointed as Vice President and Treasure Trisakti business Group (a business arm of Trisakti University). In 1990, joined PT Lippo Cikarang Tbk as Director until 1999 and he was appointed as Commissioner which position be held until 2016. He concurrently served as Director and Independent Commissioner of PT Matahari Putra Prima Tbk (2002 – 2013) and also served as President Commissioner of PT Lippo General Insurance Tbk (2007 – 2013). He currently serves as an Independent Commissioner of PT Multi Prima Sejahtera Tbk since June 2018.

Raymond Liu
Member of Audit Committee

Raymond LiuIndonesian citizen, 61 years old. He holds a Bachelor of Science in Chemical Engineering from National Taiwan University, Taipei, Taiwan, a Master of Engineering in Chemical Engineering from West Virginia Institute of Technology, USA and a Doctor of Philosophy in Chemical Engineering from North Carolina State University, Raleigh, USA . He was appointed as a Member of the Company’s Audit Committee in 2018 based on the Decree of the Company’s Board of Commissioners dated June 8, 2018.

Started his career in 1992 at International Paper, New York, USA as Senior Research until 1996. Next in 1996 – 2012 he worked at Sinarmas Group, among others as a Purchasing Director PT Indah Kiat Pulp & Paper Tbk (1996 – 2000), President Director Asia Trade Logistics – Logistics Arms of Sinarmas Pulp & Paper, Joint Venture with Sojitz, Japan (2000 – 2009), Director PT Pabrik kertas Tjiwi Kimia Tbk and PT Indah Kiat Pulp & Paper Tbk (2002 – 2010), President Director Meadow Lake Mechanical Pulp Mill, Canada (2008 – 2011) and Executive Vice President Paper Excellence Canada Holdings, Canada (2010 – 2012). Then he served as President of Pelita Harapan University (2012 – 2016) and Rector of Pelita Harapan University in Medan (2014 – 2018). He currently serves as Chief Executive Officer at Agro Investama Group since 2012.

Isnandar Rachmat Ali
Member of Audit Committee

Isnandar Rachmat AliIndonesian citizen, 77 years old. He holds Bachelor’s degree in Economics and Master of Management from Krisnadwipayana University, a Master of Business Administration (MBA) from Oversea Training Center and also a Doctoral degree from State University of Jakarta (UNJ). He was appointed as a Member of the Company’s Audit Committee since 2014 and was reappointed in 2017 based on the Decree of the Company‘s Board of Commissioners dated May 10, 2017.

He started his career since 1978 in PT Helix Indonesia until 2000 with his last position as Commissioner. He also served as Vice President Director of Bank Bhumy Bahari (1980 – 1989) and Vice President Director and as Director of Compliance PT Tokai Lippo Bank (1989 – 2001). He currently active as a lecturer at several universities in Indonesia since 1990 and has served as an Independent Commissioner of PT Lippo Securities Tbk since 2004.