Indonesia gets new investment head

Karen1
Karen Agustiawan

The CEO of Indonesia’s state-owned oil giant Pertamina, Karen Agustiawan, is the top candidate to become the head of the country’s Coordinating Board for Investment after its current chief, Chatib Basri, has been made the country’s new finance minister, Dow Jones Newswires reported.

President Susilo Bambang Yudhoyono on May 20 named Chatib Basri as finance minister, replacing Agus Martowardojo who later this week will be installed as the new central bank governor.

Agustiawan has been credited for leading Pertamina’s foray into alternative energy such as the geothermal sector and coal-bed methane and the company’s pursuit of assets outside Indonesia. In a vote of confidence for Pertamina’s development under Agustiawan, investors flocked to US dollar bond sales the company conducted between 2011 and 2013, from which it raised a total $7.15 billion.

Karen Agustiawan, 54, was the first woman to lead state-owned Pertamina and has been named one of the most powerful women in business globally by CNN.

She began her career in the oil and gas industry by joining Mobil Oil (now ExxonMobil) shortly after graduating from the Bandung Institute of Technology, the oldest technology-oriented university in Indonesia, in 1984.

 



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[caption id="attachment_9335" align="alignleft" width="259"] Karen Agustiawan[/caption] The CEO of Indonesia's state-owned oil giant Pertamina, Karen Agustiawan, is the top candidate to become the head of the country's Coordinating Board for Investment after its current chief, Chatib Basri, has been made the country's new finance minister, Dow Jones Newswires reported. President Susilo Bambang Yudhoyono on May 20 named Chatib Basri as finance minister, replacing Agus Martowardojo who later this week will be installed as the new central bank governor. Agustiawan has been credited for leading Pertamina's foray into alternative energy such as the geothermal sector and coal-bed methane and the company's pursuit of assets...

Karen1
Karen Agustiawan

The CEO of Indonesia’s state-owned oil giant Pertamina, Karen Agustiawan, is the top candidate to become the head of the country’s Coordinating Board for Investment after its current chief, Chatib Basri, has been made the country’s new finance minister, Dow Jones Newswires reported.

President Susilo Bambang Yudhoyono on May 20 named Chatib Basri as finance minister, replacing Agus Martowardojo who later this week will be installed as the new central bank governor.

Agustiawan has been credited for leading Pertamina’s foray into alternative energy such as the geothermal sector and coal-bed methane and the company’s pursuit of assets outside Indonesia. In a vote of confidence for Pertamina’s development under Agustiawan, investors flocked to US dollar bond sales the company conducted between 2011 and 2013, from which it raised a total $7.15 billion.

Karen Agustiawan, 54, was the first woman to lead state-owned Pertamina and has been named one of the most powerful women in business globally by CNN.

She began her career in the oil and gas industry by joining Mobil Oil (now ExxonMobil) shortly after graduating from the Bandung Institute of Technology, the oldest technology-oriented university in Indonesia, in 1984.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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