Danantara dismisses Agrinas executive despite management freeze order

  • Published on 04/07/2025 GMT+7

  • Reading time 2 minutes

  • Author: Julian Isaac

  • Editor: Imanuddin Razak

The Daya Anagata Nusantara Investment Authority (Danantara) has dismissed Edi Slamet Irianto from his position as Director of Business & Industrial Development at PT Agrinas Palma Nusantara, just five months after his appointment in February 2025.

Founded as PT Indra Karya in 1961, PT Agrinas Palma Nusantara is a state-owned enterprise focusing on sustainable palm oil plantations and renewable energy.

“It is true that I have been relieved of my duties as Director of Business and Industrial Development at PT Agrinas Palma Nusantara,” Edi confirmed in a written statement on Thursday, July 3, 2025.

Edi said he received the termination letter just hours after a virtual General Meeting of Shareholders (GMS) was held via Zoom on July 1, 2025, with Faturahman, the Assistant Deputy for Plantation Industries. The letter was signed by Dony Oskaria, COO of Danantara.

He extended his gratitude to the board of directors, commissioners, and all collaborators during his tenure, while expressing hope that Agrinas’ business partners would continue productive cooperation with his successor. However, Edi questioned the legality of the dismissal, citing an official circular issued by Danantara on June 23, 2025 (Letter No. S-049/DI-BP/VI/2025) that explicitly prohibited changes in state-owned enterprise (SOE) management.

“I hope President Prabowo’s vision for Agrinas Palma Nusantara − to achieve energy self-sufficiency and food security through cooking oil and protein production − can be realized by 2028,” Edi said.

Danantara had previously issued a strict prohibition on any changes to leadership across 52 SOEs, including their subsidiaries and sub-subsidiaries, until a full evaluation was completed. Agrinas was among those listed in the restriction. The directive was signed by Danantara CEO Rosan P. Roeslani and mandated that no reshuffles occur until further notice.

The same letter also urged all affected entities to conduct their GMS no later than June 30, further fueling debate about the legitimacy and timing of Edi’s removal, which took place after the stated deadline.

As of now, Danantara has not issued a public statement regarding the procedural conflict or the reasoning behind Edi’s dismissal.

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