{
    "success": true,
    "data": {
        "id": 1823599,
        "msgid": "three-retired-army-officers-appointed-as-ceos-of-major-indonesian-mining-soes-1782385028",
        "date": "2026-06-25 17:04:52",
        "title": "Three Retired Army Officers Appointed as CEOs of Major Indonesian Mining SOEs",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Economy",
        "summary": "Three retired Indonesian Army officers have been appointed as chief executives of state-owned mining companies Antam, Bukit Asam, and Timah following their respective annual general meetings. The appointments, which include former high-ranking officials Untung Budiharto, Bambang Ismawan, and Restu Widiyantoro, place military figures at the helm of key extractive industries. The leadership changes raise questions about the intersection of military careers and corporate governance in Indonesia's strategic mining sector.",
        "content": "<p>Three retired Indonesian Army officers have been appointed to lead\nthe country\u2019s major state-owned mining enterprises. The appointments\nwere confirmed during the Annual General Meetings of Shareholders for\nthe 2025 financial year at PT Aneka Tambang (Antam), PT Bukit Asam, and\nPT Timah.<\/p>\n<p>Untung Budiharto was named President Director of PT Antam on\nWednesday, 10 June 2026. He had previously been appointed to the role\nduring an Extraordinary General Meeting of Shareholders on 15 December\n2025. According to the company\u2019s official website, Budiharto previously\nserved as President Commissioner of PT Transportasi Jakarta from 2023 to\n2025 and as a Commissioner at PT Pertamina Power Indonesia in 2025. He\nis known to have been one of 11 members of the Army Special Forces\nCommand\u2019s \u2018Mawar Team\u2019 during 1997-1998, a unit involved in the\nabduction of pro-democracy activists during the New Order era. His\nbackground does not include formal education or a career in mining or\nbusiness prior to his roles at Transjakarta and Pertamina.<\/p>\n<p>Bambang Ismawan was appointed President Director of PT Bukit Asam on\nThursday, 11 June 2026, replacing the previous director. A retired\nhigh-ranking Army officer, Ismawan had previously served as the\ncompany\u2019s Independent President Commissioner for the 2025-2026 period.\nHis military career included serving as Chief of General Staff of the\nIndonesian National Armed Forces.<\/p>\n<p>Restu Widiyantoro assumed the role of President Director at PT Timah\non Friday, 12 June 2026. The retired Army officer, who held the rank of\nColonel, was initially appointed to the position during an Extraordinary\nGeneral Meeting of Shareholders on 2 May 2025. His military career\nincluded roles as Commander of the Indonesian contingent for a UN\npeacekeeping mission and Inspector of the Mulawarman Regional Military\nCommand. Prior to his appointment at Timah, he served as a Security\nManager at PT Pertamina from 2016 to 2020.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/three-retired-army-officers-appointed-as-ceos-of-major-indonesian-mining-soes-1782385028",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}