Our Leadership

Mr. Franky Widjaja is the Chairman and Chief Executive Officer of Golden Agri-Resources Ltd (“GAR”) and a member of its Nominating and Remuneration Committees. He has been a Director and Chief Executive Officer of GAR since 1996; and Chairman since 2000. His last re-appointment as a Director was in 2019.

Mr. Franky Widjaja, aged 64, graduated from Aoyama Gakuin University, Japan with a Bachelor’s degree in Commerce 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, 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); the Vice Chairman for Economic Affairs of the Indonesian Chamber of Commerce and Industry (KADIN); a member of the Advisory Board of the Indonesian Palm Oil Association (GAPKI); a member of Grow Asia Business Council; and a member of World Economic Forum (“WEF”): Global Agenda Trustee for World Food Security and Agriculture Sector. Mr. Franky Widjaja was Co-Chair of WEF: Grow Asia until August 2019.

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.

Present directorships in other Singapore listed companies:

-Bund Center Investment Ltd

-Sinarmas Land Limited

Other principal commitments:

Nil

Past directorships in other Singapore listed companies (2019 – 2021):

Nil

Mr. Muktar Widjaja is an Executive Director and President of GAR. He has been a Director since 1999; President since 2000; and was re-designated as Executive Director and President on 1 March 2018. He was Non-Executive Director from December 2006 to 28 February 2018. His last re- appointment as a Director was in 2021.

Mr. Muktar Widjaja, aged 67, obtained his Bachelor of Commerce degree 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 currently an Executive Director and Chief Executive Officer of SML, listed on the Official List of the Singapore Exchange Securities Trading Limited. Mr. Muktar Widjaja is also a member of the boards of several subsidiaries of GAR and SML. He is Vice President Commissioner of PT Sinar Mas Agro Resources and Technology 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. He is the President Commissioner of PT Bumi Serpong Damai Tbk, PT Duta Pertiwi Tbk and PT Puradelta Lestari Tbk, all subsidiaries of SML listed on the Indonesia Stock Exchange.

Present directorships in other Singapore listed companies:

– Sinarmas Land Limited

Other principal commitments:

Nil

Past directorships in other Singapore listed companies (2019 – 2021):

Nil

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-appointment as a Director was in 2019.

Mr. Concepcion, aged 55, 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, a subsidiary of GAR listed on the Indonesia Stock Exchange, and now holds the position of Vice President Commissioner. Mr. Concepcion also sits on the boards of several subsidiaries of GAR.

Present directorships in other Singapore listed companies:
Nil

Other principal commitments:
Nil

Past directorships in other Singapore listed companies (2019 – 2021):
Nil

Mr. Willy Shee Ping Yah @ Shee Ping Yan is the Lead Independent Director of GAR, Chairman of its Remuneration Committee and a member of its Audit Committee and Nominating Committee. Mr. Shee joined the Board of Directors of GAR on 1 January 2022.

Mr. Shee, aged 73, holds a Diploma in Urban Valuation from the University of Auckland, New Zealand (under the Colombo Plan Scholarship 1968-70). He is a fellow member of the Singapore Institute of Surveyors and Valuers, a fellow member of the Singapore Institute of Directors and sits on the Panel for Inquiry Committee, Law Society of Singapore. He is also a Committee Member / Honorary Secretary of Singapore Turf Club.

He is currently Senior Advisor to CBRE Pte Ltd in a non- executive role since July 2016, after stepping down as the Chairman, Asia of CBRE Pte Ltd with oversight over the operations of all the offices of CBRE in Asia, a position which he held from 1 July 2005 to 30 June 2016. From 1991 to June 2005, Mr. Shee was the managing director of CB Richard Ellis (Pte) Ltd, Singapore office, and was responsible for its growth and overall operations.

Present directorships in other Singapore listed companies:
– Bund Center Investment Ltd
– Sinarmas Land Limited

Other principal commitments:
– Senior Advisor of CBRE Pte Ltd

Past directorships in other Singapore listed companies(2019 – 2021):
– Sabana Real Estate Investment Management Pte Ltd (as Manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust)

Mr. Christian G H Gautier De Charnacé is an Independent Director of GAR, Chairman of its Audit Committee and Nominating Committee and a member of its Remuneration Committee. Mr. Gautier De Charnacé joined the Board of Directors of GAR in November 2018, and his last re-appointment as a Director was in 2021.

Mr. Gautier De Charnacé, aged 72, graduated from Institut d’ Etudes Politiques de Paris in Economy and Finance, and he also holds a Bachelor’s degree from the University of Law in Paris.

Mr. Gautier De Charnacé currently sits on the Board of Directors of Hong Leong Finance Limited as an Independent Non-Executive Director, and on the Board of Commissioners of PT BNP Paribas Sekuritas Indonesia as an independent President Commissioner. He was an Independent Non-Executive Director on the Board of Directors of Millenium & Copthorne Hotels PLC till 10 October 2019 before it was delisted from the London Stock Exchange on 11 October 2019.

Mr. Gautier De Charnacé was CEO Investment Banking Asia Pacific at BNP Paribas Bank (“BNP”) prior to retiring in 2017, having held that position since 2013. He was with BNP since 1980. When he was with BNP, he was Head of Paribas branches and region in Seoul, Taipei and Los Angeles / Western US region (1980 – 1990); Managing Director and Head of Asia Pacific region based in Paris (1991 – 1993); Managing Director and successively Head of Capital Markets and Corporate Finance for Asia Pacific based in London, Singapore, Hong Kong, Tokyo and Hong Kong (1993 – 2013). Mr. Christian G H Gautier De Charnacé started his career in banking at Bank of America and he was Vice President of Multinational Division Paris and Houston (1973 to 1980).

Present directorships in other Singapore listed companies:
– Hong Leong Finance Limited

Other principal commitments:
– Independent President Commissioner of PT BNP Paribas Sekuritas Indonesia

Past directorships in other Singapore listed companies (2018 – 2020):
Nil

Mr. Soh Hang Kwang is an Independent Director of GAR and a member of its Audit Committee. He was appointed on 1 January 2022.

Mr. Soh, aged 63, graduated from The National University of Singapore with a Degree of Bachelor of Accountancy in 1983. He currently serves as an independent director of Neuberger Berman (China).

Mr. Soh was with Rabobank (“Rabobank”) from January 2010 to December 2020. He was Chief Executive Officer (“CEO”), Rabobank Singapore (2010 to 2011); and CEO, Rabobank Hong Kong (2011 to 2012). His most recent position in Rabobank was Vice Chairman and Regional Head Global Corporate Clients Asia, a post he held since 2012 before retiring in December 2020. Before joining Rabobank, he has held senior roles in Royal Bank of Scotland (2003 to 2009); Citigroup (2000 to 2002); and ABN-AMRO Bank (1986 to 2000). Mr. Soh started his career with Chemical Bank (1983 to 1986) as a Management Associate in New York; and then as Deputy Representative in Indonesia.

Present directorships in other Singapore listed companies:
Nil

Other principal commitments:
– Independent Director of Neuberger Berman (China)

Past directorships in other Singapore listed companies (2019 – 2021):
Nil

Mr. Khemraj Sharma Sewraz is an Independent Director of GAR. He was appointed on 15 November 2019 and his last re-appointment as a Director was in 2021.

Mr. Sewraz, aged 71, is a fellow member of the Chartered Association of Certified Accountants (FCCA), and a member of the Society of Trusts and Estate Practitioners (STEP). He trained and worked in London, and has over 30 years’ experience in the audit, tax and advisory fields.

Since August 1989, Mr. Sewraz is the Managing Partner of Crowe ATA, Mauritius, which provides professional services. He is also a Director of Crowe Mozambique Limitada, Chexsys Consulting Ltd, HS Corporate Services Ltd and Al Jawaaz Holdings Ltd.

Present directorships in other Singapore listed companies:
Nil

Other principal commitments:
– Managing Partner of Crowe ATA, Mauritius
– Crowe Mozambique Limitada
– Chexsys Consulting Ltd
– HS Corporate Services Ltd
– Al Jawaaz Holdings Ltd

Past directorships in other Singapore listed companies (2019 – 2021):
Nil

Mrs. Marie Claire Goolam Hossen is an Independent Director of GAR. She was appointed on 29 April 2021.

Mrs. Marie Claire, aged 51, a Certified Practising Accountant, is a member of CPA Australia, the Mauritius Institute of Professional Accountants, an associate member of the Governance Institute of Australia and a fellow member of the Mauritius Institute of Directors. She obtained her Bachelor of Business – Banking & Finance from Monash University, Melbourne, Australia in 1993.

Mrs. Marie Claire has a combination of commercial experience in the financial services (global business) of Mauritius and in senior finance/accounting roles in Australia.

Presently, Mrs. Marie Claire is the Group Finance Manager of Elta Group (Asia Pacific) Pty Ltd, a privately held company in Australia since mid-August 2021. She is fluent in both English and French.

Present directorships in other Singapore listed companies:
Nil

Other principal commitments:
– Group Finance Manager of Elta Group (Asia Pacific) Pty Ltd

Past directorships in other Singapore
listed companies (2019 – 2021):
Nil