STRUCTURE AND MECHANISM OF CORPORATE GOVERNANCE

ORGANS AND COMMITTEES UNDER BOARD OF COMMISSIONERS

Board of Commissioners is given the authority to form supporting organs to encourage the effectiveness of supervisory and advisory function to the Board of Directors. The policy refers to the Minister of SOE Regulation No. PER-09/MBU/2012 on Amendment to the Regulation of Minister of SOEs No. PER-01/MBU/2011 concerning the Implementation of Good Corporate Governance in State-Owned Enterprises and the Regulation of Minister of SOEs No. PER-12/MBU/2012 concerning Supporting Organs for Board of Commissioners/Supervisory Board of State-Owned Enterprises. In carrying out its duties, Board of Commissioners is assisted by Secretary of Board of Commissioners, Audit Committee, Nomination and Remuneration Committee and GCG and Risk Management Monitoring Committee.