Antam: An SOE getting it right
Antam, an Indonesian mining company with a reputation for good corporate governance has just reported strong earnings.
Dedi Aditya Sumanegara, CEO of mining company Aneka Tambang, better known as Antam, is a soft-spokened, gentle man. He's shy and yet, he does his homework about people, finding out what they like and learning a bit about their background before a meeting. And he'll ask the hard questions - in a recent roundtable discussion hosted by JPMorgan in Jakarta - he quietly cornered Sugiharto, the mininster of state owned enterprises, on a point or two. In short, he operates like a CEO of a totally independent company, not an SOE. He talks to Finance Asia about Antam's future plans to use alternative energy, earn more and continue to impress foreign investors in Indonesia.
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