BUMA Strengthens Leadership to Sharpen Strategic Focus and Execution
02 January 2026
PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT BUMA Internasional Grup Tbk (IDX: DOID), today announced a leadership transition designed to sharpen the Company’s executional focus and operational excellence amid a challenging industry environment.
The mining services sector is expected to remain challenging this year, driven by operational complexities and volatile weather conditions. In Indonesia, the pressure for high productivity and delivery reliability remains intense. These dynamics underscore the need for stronger focus on resilience and disciplined contract management.
While BUMA continues to operate on a solid foundation, maintain long-standing client relationships, and receive strong support from its funding partners, including leading Indonesian banks, bondholders and Sukuk holders, the Company is taking proactive steps to strengthen leadership alignment to support greater consistency in this environment.
Effective January 1, 2026, Ronald Sutardja has been appointed President Director of BUMA, succeeding Indra Kanoena, who has stepped down from the role. Prior to this appointment, Ronald served as President Commissioner of BUMA.
Ronald previously led BUMA as President Director from 2014 to 2021, a period marked by strong operational performance, expansion of its client base and operational footprint. Having remained active in shaping BUMA’s strategic direction, he brings deep familiarity with its operations, clients, and people. His appointment reflects the Board of Commissioners’ commitment to driving stronger execution and ensuring that the Group’s strategic vision is seamlessly integrated across its operating businesses.
Beyond the President Director appointment, the Board of Commissioners has also approved a number of leadership changes to ensure continuity, retain key operational knowledge, and support the Company’s focus on maintaining operational stability.
BUMA’s leadership structure, effective January 1, 2026, is as follows:
Board of Commissioners
Board of Directors
Looking ahead, BUMA remains focused on safe, reliable operations, consistent delivery for its clients, and continuously strengthening its foundations. These changes reinforce the Board’s commitment to navigating industry challenges with confidence and positioning BUMA for sustainable, long-term performance.