Darmawan Prasodjo Officially Replaces Zulkifli Zaini to Lead PLN

By Editorial Team 06/12/2021
CEO silhoutte
Summary

The Indonesian Ministry of State-Owned Enterprises (SOEs/BUMN) has reshuffled the management of PT Perusahaan Listrik Negara (PLN). President Director Zulkifli Zaini was replaced by Darmawan Prasodjo, who was previously served as PLN Deputy President Director. The reshuffle of this state-owned electricity company's directors was carried out through the general meeting of shareholders (RUPS), attended by the SOEs Minister and Deputy Minister, Deputy Ministry of SOEs, PLN Commissioners, and all PLN Directors.

SOEs Minister Erick Thohir expressed his gratitude to Zulkifli Zaini for the commitments that have been given during his service. Erick said that under Zulkifli Zaini's leadership for two years, PLN had improved its financial performance and managed to record operating revenues of Rp 345.4 trillion, and achieved a net profit of Rp 5.99 trillion in 2020. The profit increased 39.3 percent compared to 2019. PLN also managed to reduce the amount of its debt to Rp 452.4 trillion.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.