{
    "success": true,
    "data": {
        "id": 1759301,
        "msgid": "luke-thomas-appointed-ceo-of-dsi-rosan-reveals-main-reason-1779533729",
        "date": "2026-05-23 04:02:27",
        "title": "Luke Thomas Appointed CEO of DSI, Rosan Reveals Main Reason",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Regulation",
        "summary": "Luke Thomas Mahony has been appointed CEO of PT Danantara Sumber Daya Indonesia (DSI), with Rosan Roeslani citing his mining and trading experience and his command of Indonesian. The appointment supports the government's plan to establish DSI as the sole export intermediary for strategic SDA, with full export governance transferring to DSI from 1 September 2026 after a three-month transition. The move is intended to improve export governance and foreign currency earnings, amid concerns over mis-invoicing and data accuracy.",
        "content": "<p>Jakarta, Aktual.com \u2013 The Minister of Investment and Hilirisasi and\nCEO of Danantara Indonesia, Rosan Roeslani, stated that Luke Thomas\nMahony\u2019s track record and experience were the main considerations in\nappointing him as Director (President Director) of PT Danantara Sumber\nDaya Indonesia (DSI). According to Rosan, Luke is regarded as having\nstrong experience in the mineral sector and trading, as well as a wide\nnetwork in the industry. \u201cWe considered many factors, including his\ntrack record. The most important is that he has trading and minerals\nexperience; he has led a mineral company and has a good network,\u201d Rosan\nsaid at the Presidential Palace Complex, Jakarta, on Friday (22 May\n2026). Luke Thomas is known to be an Australian national who previously\nserved as Director at PT Vale Indonesia. In addition, he has also served\nas SEVP \u2013 Senior Executive Vice President, Business Performance &amp;\nOptimisation at Danantara Indonesia since September 2025. Rosan added\nthat during his time with Danantara, Luke\u2019s performance has been rated\nvery highly. He is also said to have an understanding of the Indonesian\ncontext, including the ability to speak Indonesian. \u201cHe can speak\nIndonesian and understands the local conditions. That is also an added\nvalue,\u201d he said. Luke Thomas\u2019s appointment coincides with the formation\nof a new corporate entity named PT Danantara Sumber Daya Indonesia\n(DSI), which will act as a state-owned enterprise (BUMN) exporter of\nstrategic natural resource commodities (SDA). The government has formed\nDSI to strengthen the governance of commodity exports such as coal, palm\noil (CPO), nickel, and other minerals. This company will be the main\nexecutor of export management on a phased basis until it is fully\noperational from 1 September 2026. President Prabowo Subianto previously\nannounced the issuance of Government Regulation relating to governance\nof strategic SDA exports. Under the regulation, the government requires\nsale of certain commodities to be conducted through a state-owned\nenterprise designated as the sole exporter. \u201cAll sales of our natural\nresource outputs must be conducted through a government-appointed\nstate-owned enterprise as the sole exporter,\u201d Prabowo said at a plenary\nsession of the DPR RI. Meanwhile, Coordinating Economic Affairs Minister\nAirlangga Hartarto said the formation of DSI is a strategic step to\nstrengthen export oversight and the country\u2019s foreign exchange earnings.\nHe explained that the contribution of SDA commodity exports accounts for\naround 60 percent of total national exports. However, there are still\npractices of trade mis-invoicing or under-invoicing leading to\ndiscrepancies in export data and potentially harming the country. \u201cThis\naffects foreign exchange earnings, taxes, and the accuracy of trade\ndata,\u201d Airlangga said. During the transition period, exporting companies\ncan still conduct direct transactions with foreign buyers, but export\ndocumentation will be processed through the DSI. After the three-month\ntransition period, all export processes, from contracts to payments,\nwill be fully managed by the DSI. The government hopes that the\nestablishment of this state-owned exporting enterprise will enhance\ntrade transparency, strengthen foreign exchange reserves, maintain the\nstability of the rupiah\u2019s exchange rate, and optimise national revenues\nfrom the natural resource sector.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/luke-thomas-appointed-ceo-of-dsi-rosan-reveals-main-reason-1779533729",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}