Shareholders of PT Aneka Tambang Tbk (IDX: ANTM), commonly known as Antam, voted at an extraordinary general meeting on Monday to install Untung Budiharto as President Director and Irwandy Arif as President Commissioner, while relieving Achmad Ardianto of the president‑director role and Rauf Purnama of his duties as president and independent commissioner.
New leaders’ credentials
Untung Budiharto joins Antam after serving as president commissioner of PT Transportasi Jakarta (Transjakarta) since June 2023. He is a retired Indonesian Army general who previously commanded the Jakarta Military Command (Kodam Jaya) and held several senior military posts.
Irwandy Arif, appointed as an Antam commissioner in June 2025, brings extensive industry experience. He was a special staff member to the Minister of Energy and Mineral Resources from 2019‑2024, president commissioner of coal miner PT Bukit Asam Tbk (2020‑2025), former chairman of the Indonesian Mining Experts Association (Perhapi), and a professor of mining engineering at the Bandung Institute of Technology.
Why the reshuffle matters
The leadership change arrives as Antam reports a dramatic 197 % rise in nine‑month profit, driven by robust gold and nickel sales (source). Fresh strategic direction from a military‑trained executive and an academic‑industry veteran could bolster operational efficiency and reinforce investor confidence.
Analysts suggest the new board may prioritize strengthening production pipelines and expanding market outreach. Their combined expertise could also shape Antam’s response to volatile commodity prices and regulatory shifts, potentially stabilizing the company’s growth trajectory.
Current board composition
- President Director: Untung Budiharto
- Director of Operations and Production: Hartono
- Director of Business Development: I Dewa Wirantaya
- Commercial Director: Handi Sutanto
- Director of Finance and Risk Management: Arianto Sabtonugroho Rudjito
- Director of Human Resources: Ratih Dewihandajani L
- President Commissioner & Independent Commissioner: Irwandy Arif
- Commissioner: Elen Setiadi
- Independent Commissioner: Ridwan
- Commissioner: Rudy Sufahriadi
- Commissioner: M. Rudy Salahuddin Ramto
- Independent Commissioner: Pius Lustrilanang
Frequently Asked Questions
Who are the newly appointed President Director and President Commissioner of Antam?
Untung Budiharto was named President Director, and Irwandy Arif became President Commissioner following the extraordinary general meeting of shareholders.
What happened to the previous president director and president commissioner?
The extraordinary general meeting approved the dismissal of Achmad Ardianto as president director and honored the discharge of Rauf Purnama from his roles as president commissioner and independent commissioner.
What experience do the new appointees bring to Antam?
Budiharto is a retired army general and former president commissioner of Transjakarta. Arif has served as a special staff member to the energy minister, led PT Bukit Asam Tbk as president commissioner, chaired the Indonesian Mining Experts Association, and taught mining engineering at the Bandung Institute of Technology.
How do you think these leadership changes might influence Antam’s strategy moving forward?
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