Audit Committee

The company’s Audit Committee consists of 1 (one) Chairman and 2 (two) members. The Audit Committee is chaired by the Independent President Commissioner. Composition of the currently serving Audit Committee was appointed based on the Decree of the Board of Commissioners of PT Polychem Indonesia Tbk No. 114 / CSE-PI / XII / 2020 dated 14 December 2020 regarding the Appointment of the Chairman of the Audit Committee and Members of the Audit Committee of PT Polychem  Indonesia  Tbk.  The  establishment  of  the  Company’s  Audit  Committee  has  met  the provisions of OJK Regulation No. 55 / POJK.04 / 2015 (POJK 55) concerning the Establishment and Guidelines for the Work Implementation of the Audit Committee.

The composition of the Company’s Audit Committee is as follows:

1. Bacelius Ruru – Chairman
2. Sintawati Sukamuljo – Member
3. Haryati Thayib – Member

1. Bacelius Ruru – Chairman

Bacelius Ruru has served as the Company’s President Commissioner since 2005 and since 2017 he has served as the Company’s Independent President Commissioner. He also served as President Commissioner of PT Indonesia Stock Exchange, PT Telekomunikasi Indonesia Tbk, and PT Asset Management Company. He also joined the Ministry of Finance by holding various positions, namely as Head of Legal and Public Relations Bureau (1987-1993), as Chairman of Bapepam (1993-1995), as Director General of BUMN Development (1995-1998), and was also an Assistant Minister of State Utilization of BUMN / Deputy for Competitive Business Sector of BUMN Management Agency (1998-1999). He also served as Chair of the Jakarta Initiative Task Force (2001-2003) and Secretary of the Ministry of SOEs (2001-2004).

He is currently serving as President Commissioner of PT Tuban Petrochemical Industries (2003- present), Independent Commissioner at Mitra Keluarga Karya Sehat Hospital (2014-present), as President Commissioner of PT Toba Bara Sejahtera Tbk (2016-present) and as President Director of PT Agung Podomoro Land Tbk (2019-present).

His Educational History included a Bachelor of Laws degree from the Faculty of Law, University of Indonesia majoring in International Law in 1975 and then earning an LL.M. from Harvard Law School,   Harvard   University   in   the   United   States,   majoring   in   International   Law   in 1981.International Law in 1981.

2. Sintawati Sukamuljo, – Member

Sintawati Sukamuljo, was appointed a member of the Company’s Audit Committee in 2020 in accordance with the Decree of the Board of Commissioners No. 114 / CSE-PI / XII / 2020.

Starting his career in finance and accounting at several companies, including Bank Ganesha as General Manager of Operations (1995-2012), PT Sinar Harapan Media as Director of Finance (2013-2014), as General Manager at PT Gajah Tunggal Mulia (2015-2018) and currently he is still actively working at PT Indexim Coalindo as a Senior General Manager.

He graduated from the Open State University as a Bachelor of Economics in 2002.

3. Haryati Thayib – Member

Haryati Thayib, was appointed a member of the Company’s Audit Committee in 2020 in accordance with the Decree of the Board of Commissioners No. 114 / CSE-PI / XII / 2020.

Started his career in finance and accounting at several companies, including in Andy & Co Accounting Firm as Auditor Staff (1989-1990), Accounting Staff at PT Kansai Paint (1990-1991), as Accounting Staff at PT Rajawali Wira Bhakti Utama (1991-1993), as Accounting Supervisor at PT Lippo Karawaci (1993-1995), as Head of Accounting at PT Bintang Puspita Dwikarya (1995-

2005) and since 2005 until now he is still actively working at PT Indonesia Prima Property Tbk as Deputy Manager of Accounting.

He graduated from Trisakti University Jakarta as a Bachelor of Accounting in 1988.

Duties and Responsibilities

Assist the Board of Commissioners in carrying out its supervisory role by providing professional and independent information and recommendations as stated in the Company’s Audit Committee Charter with regards to the following:

1. Provide an independent professional opinion to the Board of Commissioners on the Financial Statements or matters submitted by the Board of Directors to the Board of Commissioners;
2. Identify matters that require the attention of the Board of Commissioners, such as: Examine the Adequacy of  the review performed by the Public Accountant to ensure it is known and discovered things that can affect  to business activities and Effectiveness the company’s of internal control;
3. Reporting the  various risks faced by the company to Board of Commissioners;
4. Review and report  on complaints  received and faced by the company   to the Board of Commissioners;
5. Reviewing the company’s compliance with prevailing laws and regulations; and
6. Safeguard the confidentiality of Company’s data, documents and information.