Board of Directors

FRANKY OESMAN WIDJAJA

Mr. Franky Widjaja is the Chairman and Chief Executive Officer of Golden Agri-Resources Ltd (“GAR”) and a member of its Nominating Committee and Remuneration Committee. He has been a Director and Chief Executive Officer of GAR since 1996; and Chairman since 2000.

Mr. Franky Widjaja, aged 59, earned his Bachelor’s degree in Commerce from Aoyama Gakuin University, Japan in 1979.  He has extensive management and operational experience, and since 1982, been involved with different businesses, including pulp and paper, property, chemical, telecommunication, financial services and agriculture.

Mr. Franky Widjaja also sits on the board of directors of Sinarmas Land Limited (“SML”) and Bund Center Investment Ltd (“BCI”), both listed on the Official List of the Singapore Exchange Securities Trading Limited. He has been a Director of SML since 1997; the Executive Chairman of SML since 2006; and a Director of BCI since 2009.

Mr. Franky Widjaja is a member of the boards of several subsidiaries of GAR, SML and BCI. Since 2003, he has been the President Commissioner of PT Sinar Mas Agro Resources and Technology Tbk (PT SMART Tbk), a subsidiary of GAR listed on the Indonesia Stock Exchange.

Currently, Mr. Franky Widjaja is the Co-Chairman of Partnership for Indonesia Sustainable Agriculture (PISAgro); Co-Chair of World Economic Forum (WEF): Grow Asia and he is a member of WEF: Global Agenda Trustee for World Food Security and Agriculture Sector; Vice Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) for Agribusiness, Food and Forestry Sector; and a member of the Advisory Board of the Indonesian Palm Oil Association (GAPKI).

Previously, from 2007 to 2015, Mr. Franky Widjaja was Vice President Commissioner of PT Bumi Serpong Damai Tbk and PT Duta Pertiwi Tbk; and he was also Vice President Commissioner of PT Puradelta Lestari Tbk until his resignation in May 2016, all subsidiaries of SML listed on the Indonesia Stock Exchange.

MUKTAR WIDJAJA

Mr. Muktar Widjaja is a Non-Executive Director and the President of GAR. He has been a Director since 1999; President since 2000; and Non-Executive Director since December 2006. His last re-election as a Director was in 2015.

Mr. Muktar Widjaja, aged 62, obtained his Bachelor of Commerce in 1976 from the University Concordia, Canada. Since 1983, Mr. Muktar Widjaja has been actively involved in the management and operations of the property, financial services, agriculture, chemical and pulp and paper businesses.

Mr. Muktar Widjaja is a member of the boards of several subsidiaries of GAR and SML. Mr. Muktar Widjaja is Vice President Commissioner of PT Sinar Mas Agro Resources and Technology Tbk (PT SMART Tbk), a subsidiary of GAR listed on the Indonesia Stock Exchange. Mr. Muktar Widjaja is a Director and, since December 2006, the Chief Executive Officer of SML which is listed on the Official List of the Singapore Exchange Securities Trading Limited. Mr. Muktar Widjaja is President Commissioner of PT Bumi Serpong Damai Tbk, PT Duta Pertiwi Tbk and PT Puradelta Lestari Tbk, subsidiaries of SML listed on the Indonesia Stock Exchange.

FRANKLE WIDJAJA

Mr. Frankle Widjaja is a Non-Executive Director of GAR since December 2006. He was first appointed as a Director in May 1999 and his last re-election as a Director was in 2016.

Mr. Frankle Widjaja, aged 60, graduated from the University of California, Berkeley, USA, with a degree of Bachelor of Science in 1978. Since 1979, he has been involved in the management and operations of the pulp and paper, financial services, food and agriculture and real estate businesses.

Mr. Frankle Widjaja is the Executive Chairman and Chief Executive Officer of BCI, and presently sits on the boards of several subsidiaries of GAR, BCI and SML.

RAFAEL BUHAY CONCEPCION, Jr.

Mr. Rafael Buhay Concepcion, Jr. is an Executive Director and the Chief Financial Officer of GAR. He was appointed as a Director of GAR in August 2002 and as its Chief Financial Officer in January 2013. His last re-election as a Director was in 2016.

Mr. Concepcion, aged 50, studied at the University of the Philippines where he obtained a Bachelor of Science in Economics in 1988.  He later obtained a Master in Business Management from the Asian Institute of Management, Philippines in 1992 with scholarship from SGV Philippines.

Mr. Concepcion worked on regional projects and has extensive experience in corporate and financial planning. After 5 years with Pilipinas Shell Petroleum Corporation, Mr. Concepcion joined PT Sinar Mas Agro Resources and Technology Tbk, and now holds the position of Commissioner. Mr. Concepcion also sits on the boards of several subsidiaries of GAR.

HONG PIAN TEE

Mr. Hong Pian Tee is the Lead Independent Director, Chairman of both the Audit Committee and Nominating Committee, and member of the Remuneration Committee of GAR. He was first appointed as a Director in November 2001, and his last re-appointment as a Director was in 2016.

Mr. Hong, aged 72, was a partner of PricewaterhouseCoopers from 1985 to 1999 prior to retiring from professional practice.

Mr. Hong’s experience and expertise are in corporate advisory, financial reconstruction and corporate insolvencies since 1977. He has been a corporate/financial advisor to clients with businesses in Singapore and Indonesia and in addition was engaged to restructure companies with operations in Taiwan, Indonesia and Malaysia.

Mr. Hong is Chairman of Pei Hwa Foundation Limited and he sits on the boards of several companies listed on the Official List of the Singapore Exchange Securities Trading Limited, namely, as Lead Independent Director of XMH Holdings Ltd, Non-Executive Chairman and Independent Director of AsiaPhos Limited and Independent Director of Memstar Technology Ltd.

LEW SYN PAU

Mr. Lew is an Independent Director of GAR, Chairman of its Remuneration Committee, and member of its Audit Committee and Nominating Committee. He re-joined GAR’s Board of Directors in December 2007. Prior to that, Mr. Lew was a Director of the Company from 1999 to May 2007. His last re-election as a Director was in 2014.

Mr. Lew, aged 63, obtained a Master in Engineering from Cambridge University, UK and a Master of Business Administration from Stanford University, USA. Mr Lew was a Singapore Government scholar.

Mr. Lew is a Director of Capital Connections Pte Ltd. Mr. Lew also sits on the boards of several companies listed on the Official List of the Singapore Exchange Securities Trading Limited, namely, Poh Tiong Choon Logistics Ltd, SUTL Enterprise Limited (formerly known as Achieva Ltd), Food Empire Holdings Ltd, Broadway Industrial Group Ltd and Golden Energy and Resources Limited.

Mr. Lew was Senior Country Officer and General Manager for Banque Indosuez Singapore, where he worked from 1994 to 1997. He was General Manager and subsequently, Managing Director of NTUC Comfort from 1987 to 1993 and Executive Director of NTUC Fairprice from 1993 to 1994.  Mr. Lew served as a Member of Parliament from 1988 to 2001. He was President of The Singapore Manufacturers’ Federation from July 2002 to June 2006. Mr. Lew was a Director of Lafe Corporation Limited until his retirement in April 2014.

KANEYALALL HAWABHAY

Mr. Kaneyalall Hawabhay is an Independent Director of GAR and member of its Audit Committee. He was appointed as a Director of GAR in May 2003 and his last re-election as a Director was in 2015.

Mr. Hawabhay, aged 69, is a Fellow of the Institute of Chartered Accountants in England and Wales.

Presently, Mr. Hawabhay is Partner (ABAS) of BDO & Co, Mauritius.

He has been a Partner (Assurance and Business Advisory Services (ABAS) of De Chazal du Mée & Co, Mauritius from 1987 to June 2002, and a Director of Multiconsult Limited from July 2002 to 2005.

JACQUES DESIRE LAVAL ELLIAH

Mr. Jacques Desire Laval Elliah is an Independent Director of GAR. He was appointed as a Director of GAR in December 2010, and last re-elected as a Director in 2014.

Mr. Elliah, aged 53, is a Fellow of the Association of Chartered and Certified Accountants since 1990.

Mr. Elliah is currently the Chief Financial Officer of Lux Island Resorts Ltd, a company listed on the Stock Exchange of Mauritius, a position which he has held since March 2003.

Previously, Mr. Elliah was a Partner in the Assurance and Business Advisory Services of De Chazal du Mée & Co, Mauritius, now BDO, from 1998 to February 2003.