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Business insolvency lawyer appointed Garuda president commissioner
The appointment was part of a reshuffling of the publicly listed carrier's board of directors and commissioners.
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New face: Garuda Indonesia unveils its new mask livery for the B737-800 NG fleet. The COVID-19 pandemic has hit the company hard. (Courtesy of/Garuda Indonesia)
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ublicly listed national air carrier Garuda Indonesia appointed business lawyer Timur Sukirno as its new president commissioner on Friday following a reshuffling of the debt-laden company’s leadership.
Garuda president director Irfan Setiaputra told reporters on Friday that the state-owned company’s majority shareholder, the government, had also appointed banker Abdul Rachman and kept media mogul Chairul Tanjung as commissioners.
Timur is a senior partner and head of the Commercial Dispute Resolution Practice Group at Hadiputranto, Hadinoto & Partners law firm. Abdul was a managing director at state-owned lender Bank Mandiri, one of the country’s largest banks by assets, and was formerly president commissioner of Bank Mandiri Taspen.
Garuda removed Triawan Munaf, Peter F. Gontha and Zannuba Arifah CH, better known as Yenny Wahid, from its board of commissioners.
Meanwhile, vice president director Dony Oskaria and commercial and cargo director Mohammad R. Pahlevi were removed from the board of directors.
“This is not an easy decision; we've faced the pandemic and turbulence over the last few months,” Irfan said in an online press conference, adding that the company had also laid off crew and staff members to cut labor costs.
Read also: IDX halts Garuda trading after 'sukuk' default
