New PIS Director of Risk Management tasked with aggressive growth target

Published on 17/05/2024 at 10:31 GMT+7 Reading time

The shareholders’ meeting of PT Pertamina International Shipping (PIS), a subsidiary of State oil and gas company PT Pertamina, has appointed Muhammad Resa as the company’s Director of Risk Management, with the aim of enabling the company to pursue aggressive growth while maintaining a strong focus on risk management.

PIS CEO Yoki Firnandi said that Muhammad Resa's appointment is expected to bolster the company's business growth significantly, enhancing the capacity and quality of PIS’s performance. Eventually, it is expected to reinforce the company’s pivotal role in Indonesia's energy distribution and support its business expansion in the global maritime industry.

"Our vision is to become the global leader in shipping and logistics. To achieve this, our business should be innovative and expansive while maintaining rigorous risk management practices to ensure sustainable business growth," Yoki said on Wednesday, May 15, 2024.

The inauguration of the new director took place at Grha Pertamina in Jakarta, and was attended by Nicke Widyawati, President Director of PT Pertamina; Erry Sugiharto, Pertamina’s Director of Human Capital, and Ahmad Siddik Badruddin, Pertamina’s Director of Risk Management.

Muhammad Resa's appointment as the newest director of PIS is attributed to his experience as Managing Director of PIS Asia Pacific (PIS AP) since May 2023. PIS AP, a subsidiary of PIS founded in 2018, has emerged as a key contributor to the company's non-captive market revenue, which continues to grow annually. Presently, PIS Asia Pacific operates branch offices in Singapore and Dubai.

Set up email notifications for these topics

Ahmad Siddik Badruddin
Erry Sugiharto
Muhammad Resa
Nicke Widyawati
PIS Asia Pacific
PT Pertamina International Shipping (PIS)
Yoki Firnandi

Read Also
View All

Energy

PIS acquires two VLGCS, gains top tier position in ASEAN LPG transport

PT Pertamina International Shipping (PIS) is solidifying its position as a top-tier player in ASEAN LPG transport by acquiring two additional Very Large Gas Carriers (VLGCs), named VLGC Pertamina Gas Caspia and VLGC Pertamina Gas Dahlia.
International

Government

Pertamina NRE-PIS strike a deal on green hydrogen collaboration

A subsidiary of state owned energy Pertamina, Pertamina New & Renewable Energy (Pertamina NRE) has set up a cooperation with PT Pertamina International Shipping (PIS), Pertamina's Integrated Marine and Logistics Sub Holding, to develop a transportation business, particularly related to the transportation of green hydrogen and other sustainable fuels.
International

Government

BUMN

Pertamina strengthens energy partnership with Tanzania through comprehensive collaboration

Indonesia bolsters energy cooperation between nations through PT Pertamina (Persero), the state-owned Indonesian oil and gas company, inked a groundbreaking exploration and production agreement with Tanzania Petroleum Development Company (TPDC), a state-owned enterprise from Tanzania. This landmark collaboration was formalized during the official visit of President Joko Widodo (Jokowi) to Tanzania.
Energy

Pertamina collaborates with KNOC to develop Rig-to-CCS technology

Pertamina has set up a partnership with the Korea National Oil Corporation (KNOC) to develop Rig-to-CCS (carbon capture storage) technology. Rig-to-CCS involves repurposing decommissioned offshore oil platforms into carbon capture and storage facilities.