Krakatau Steel CEO Appointed as Immigration Chief

Jakarta. Silmy Karim, the chief executive officer of state-run steel company Krakatau Steel, confirmed on Monday that he has been appointed to become the director general of immigration effective next month.
“I will be installed as the director general in early January,” Silmy said in Jakarta.
His successor in Krakatau Steel will be determined in an extraordinary shareholders’ meeting scheduled on January 18.
Silmy, 48, has been in charge of Krakatau Steel since September 2018 after leaving another CEO job at other state-own companies including heavy machinery industry Barata and arms industry Pindad.
He has been credited for restructuring more than $2 billion of Krakatau Steel’s debts from 10 creditors. However, his CV is dominated by various jobs dealing with national defense and intelligence.
Before becoming CEO in state-owned companies, he received special assignments from the state, such as joining a government-sanctioned team tasked with getting rid of businesses run by the Indonesian Armed Forces (TNI) in 2008 after the issuance of a law that bans the military from getting revenues from any sources other than the state budget.
Read More:
- Krakatau Steel Repays Rp 2.7 Trillion of Debt
- KPK to Investigate Krakatau Steel after SOEs Minister’s Graft Remarks
- Meet Erick Thohir, One of President’s Most Trusted Aides
His involvement in the team opened door to a new career at the Defense Ministry as an advisor, which he served until 2014.
During his spell with the ministry, he took part in the drafting of the law on the defense industry.
He was also hired by the State Intelligence Agency (BIN) as a member of the Board of Strategic Analysts.
The native of Tegal, Central Java, was appointed commissioner at state-run shipbuilding company PAL that he served from 2011-14 to supervise a Navy warship project.
According to his latest public filing in March, Silmy has around Rp 217 billion worth of personal wealth of mostly lands and buildings in Jakarta and Tangerang, but he also has Rp 9 billion in personal debts.
The top post for the immigration office is open to professionals, not just career bureaucrats. Other participants in the selection process include businessman Dorry Sonata, lecturer Ely John Sonata and other prominent figures from the private sector.
Tags: Keywords:POPULAR READS
Sharia Finance is on the Rise in Indonesia
The Indonesian Financial Services Authority (OJK) reported that sharia finance assets had climbed to Rp 2,375 trillion as of Dec. 2022.Prosecutors Demand Death Sentence for Police General Teddy Minahasa
The sentencing demand came a month after a former police general, Ferdy Sambo was sentenced to death for murder.ASEAN Taxonomy Expected to Attract Coal Phase-Out Financing
According to the second version of the ASEAN Taxonomy, coal phase-outs may be classified as green or amber activities.Indonesia’s Fintech Player Count Jumps Sixfold to 334: Report
Customer engagement is on the rise with Indonesia having more than 63 million e-wallet users as of 2020.APR Promotes Sustainable Viscose Rayon at 2023 Indo Intertex-Inatex
APR is also teaming up with 12 partners, among others, PT ACP and Agungtex, to promote sustainable viscose rayon at the textile fair.Popular Tag
Most Popular

