5th World Islamic 1 Economic Forum
1-4 March 2009 The Ritz-Carlton Jakarta, Pacific Place, Jakarta, Indonesia
Content 2 Special Message from the President of the Republic of Indonesia H.E. Dr. Susilo Bambang Yudhoyono
4 Preface from H.E. Dr. Sofyan A Djalil Co-Chairman of The 5th WIEF Organizing Committee
6 Preface from Tanri Abeng Co-Chairman of The 5th WIEF Organizing Committee
8 Message from Hon. Tun Musa Hitam Chairman of The WIEF Foundation
11 National Committee
12 Pre Forum Agenda WIEF Businesswomen Forum
14 Pre Forum Agenda WIEF Young Leaders Forum
16 The Forum Agenda Day One
18 The Forum Agenda Day Two
20 Post Forum Agenda
21 Investment Projects
22 Memorandum of Agreements
24 Role Players
46 Sponsors & Partners 2 5th World Islamic 5th World Islamic 3 Economic Forum Economic Forum
Special Message from the President of the Republic of Indonesia H.E. Dr. Susilo Bambang Yudhoyono
I am pleased to welcome the distinguished delegates to the 5th World Islamic Economic Forum, which Indonesia is hosting for the first time.
As Patron to the 5th World Islamic Economic Forum, I find it rewarding to witness how, year after year, economic cooperation among Muslim countries has been growing from strength to strength. In fact, the earlier World Economic Forums succeeded in promoting partnership for development not only within the Muslim world but also beyond.
I am confident that this 5th World Islamic Economic Forum will also be successful in showcasing and fostering economic collaboration within the Islamic world as well as between the Islamic world and the rest of the international community.
Indonesia is in the best position to serve as the hub of the wide-ranging interaction that is being advocated and promoted by the Forum. Indonesia is a politically stable and economically dynamic nation with a vast market of 230 million people, abundant natural resources, a highly skilled labour force and a pro-business policy environment.
It is also home to the largest Muslim population in the world, the world’s third largest democracy and fourth largest population.
Moreover, we in Indonesia are strong advocates of global partnership as a way of addressing the problems of our time. We believe that global problems require global solutions. Thus it is timely and appropriate that the theme of the Forum is “Food and Energy Security & Stemming the Tide of the Global Financial Crisis.”
It is therefore my hope that in the course of the Forum the participants will find feasible ways of addressing the global financial crisis and ensuring food and energy security through a global partnership involving the nations of the Islamic world and the rest of the international community.
Once again, on behalf of the Government and people of the Republic of Indonesia, I warmly welcome the participants to the 5th World Islamic Economic Forum. I also commend the hard work and creativity of the World Islamic Economic Forum Foundation and the Organizing Committee which will ensure the success of this Forum.
H.E. Dr. Susilo Bambang Yudhoyono President of the Republic of Indonesia Patron of the 5th World Islamic Economic Forum Honourary Fellow of the WIEF Foundation 4 5th World Islamic 5th World Islamic 5 Economic Forum Economic Forum
Preface from H.E. Dr. Sofyan A Djalil Co-Chairman of The 5th WIEF Organizing Committee
Assalamu’alaikum warahmatullahi wabarakatuh It is a great honor to host the 5th World Islamic Economic Forum. As the largest Muslim country in the world, Indonesia is the appropriate venue for this forum where the articulation of Islamic principles into business practices are emerging to flourish.
The pressing issue of food and energy security and the recent global financial crisis precipitate an urgency for economic communities worldwide to take charge in improving on their respective sectors and fields. It is therefore our responsibility to maximize the potential of this Forum with the hope that it may bring upon wide and positive impact on Muslim ummah and the world at large.
The 5th World Islamic Economic Forum is not only a continuation of the past forum, but more importantly it will address wide-ranging issues by experts from around the world. The forum consists of several programs, such as Young Leaders Forum with the theme “The Leadership Imperative: Towards a Good Succession Plan”, the Businesswomen Forum with the theme “Women Entrepreneurs: The Driving Force Towards a Stronger Future”, and the Main Forum with the theme “Food & Energy Security and Stemming the Tide of Global Financial Crisis”. The event will be concluded by a Post Forum Programme with the theme “Indonesia in Focus: Tourism and Investment in the Region”.
The forum will be attended by many distinguished guests and around 80 prominent international speakers. The participants range from prominent heads of state/government and notable captains of business and industry to young entrepreneurs and businesswomen from various parts of the world with a shared view, and that is to strengthen business collaboration among the Muslim business community at large.
The post forum program will provide the opportunity for our distinguished guests to be introduced to the immense resources that Indonesia has as well as the vast potential that has yet to be maximized. This forum will put emphasis on the various opportunities that Indonesia has to offer with more than 37 potential projects that we have specifically identified. These projects cover various sectors that comprise oil and gas, mining, agriculture, infrastructure, tourism, finance, and many more. I hope the program will give you an insight about the opportunity of the potential mutual benefit with Indonesia.
It is my hope that this year’s World Islamic Economic Forum will bring much success through the contribution and cooperation by all of the participants and that this forum may become the platform for the trajectory of new and ongoing constructive relationships within the Muslim business community.
Thank You Wassalamu’alaikum warahmatullahi wabarakatuh.
H.E. Dr. Sofyan A. Djalil Co-Chairman of The 5th WIEF Organizing Committee 6 5th World Islamic 5th World Islamic 7 Economic Forum Economic Forum
Preface from Tanri Abeng Co-Chairman of The 5th WIEF Organizing Committee
On behalf of the 5th World Islamic Economic Forum Organizing Committee, we are delighted to welcome our delegates to this prestigious Forum whereby the sole vision is to promote the ongoing economic development and cooperation in the Muslim world as well as the non-Muslim world. With Indonesia as host for the first time, the 5th World Islamic Economic Forum has incorporated a few additional enhancements to the existing accomplished formats of the World Islamic Economic Forums – Pre-Forum and Main Forum.
The Global CEO Panel is our first addition scheduled immediately after the existing Leadership Panel of past Main Forums whereby the Heads of States and top government officials impart their years of wisdom on the world economy from a governmental and policy point of view. To support these pearls of wisdom, the Global CEO Panel will then highlight from a business perspective a more detailed understanding of the present economic development, pressing issues and potential resolutions. Following this CEO Panel, the visible and concrete outcome of such collaborations in the Forum’s economic enterprises will be showcased through the signing of Memorandum of Agreements relating to bilateral or multilateral investments, specifically in this year’s Forum with the host country – Indonesia.
A final addition to the 5th World Islamic Economic Forum is the Post Forum. This Forum will allow the business participants to focus on specific regional investment interests and raise awareness of natural tourism wonders belonging to the host country, with this year being “Indonesia in Focus” as its main theme. We hope the overall Program of the 5th World Islamic Economic Forum will bring novel economic strategies and ventures including stronger and more robust cooperation between the business communities attending the Forum, especially through the ample opportunities during the Forum for business networking.
This exciting Program Book publication features all of our 3 Forums events – Pre-Forum, Main Forum and Post Forum with detailed schedules of all our plenary session topics and speakers.
Last but not least, as co-chairman of 5th World Islamic Economic Forum, I extend our renowned Indonesian hospitality in welcoming our honored guests as well as thanking all for the continued support of our partners in the corporate community.
Tanri Abeng Co-Chairman of The 5th WIEF Organizing Committee 8 5th World Islamic 5th World Islamic 9 Economic Forum Economic Forum
Message from Hon. Tun Musa Hitam Chairman of The WIEF Foundation
It is a pleasure to welcome you to the 5th World Islamic Economic Forum in the capital city of Jakarta, Republic of Indonesia. This year’s Forum bearing the theme “Food and Energy Security & Stemming the Tide of the Global Financial Crisis” seeks to address some of the most important issues confronting the Muslim world at present. Issues such as the global financial crisis, food and energy security, the role of SMEs in development, the prospects of green technology and its job growth trajectory are among the pertinent subjects that will be discussed in the plenary sessions of this year’s Forum.
I am sure that this year’s Forum in Jakarta will be an informative and fruitful event for the government and business leaders and many others present, with the hope that more business cards will be exchanged, more business partnerships will be forged, and a stronger collaboration in trade in the Muslim world can be realized.
I wish the participants of the Forum a great networking and enlightening session. And last but certainly not least, I would like to thank the Government of the Republic of Indonesia, the Indonesian National Organizing Committee and the Indonesian people for sharing our dream and giving us support to make this Forum an astounding success.
Hon. Tun Musa Hitam Chairman WIEF Foundation 10 5th World Islamic 5th World Islamic 11 Economic Forum Economic Forum
HONORARY PATRON H.E. Dato’ Seri Abdullah Ahmad Badawi Prime Minister of Malaysia
National Committee PATRON H.E. Dr. Susilo Bambang Yudhoyono President of the Republic of Indonesia HONORARY FELLOWS H.E. Dr. Susilo Bambang Yudhoyono President of the Republic of Indonesia ADVISORY BOARD H.E. Irman Gusman Vice Chairman, The House of Regional H.E. Dr. Ahmed Mohamed Ali Representatives (DPD) President of the Islamic Development Bank H.E. Hassan Wirajuda Minister of Foreign Affairs
H.E. Dr. Sri Mulyani Indrawati Minister of Finance CHAIRMAN OF BOARD OF TRUSTEES H.E. Hatta Rajasa Hon. Tun Musa Hitam Minister of State Secretary Former Deputy Prime Minister of Malaysia H.E. Purnomo Yusgiantoro Minister of Energy and Mineral Resources
H.E. Anton Apriantono Minister of Agriculture
H.E. Jero Wacik Minister of Tourism & Culture
Boediono Governor of Bank Indonesia
Alwi Shihab Presidential Envoy to the Middle East
Muhamad Lutfi WIEF was formed for the purpose of enhancing the economic Chairman, Indonesia Investment wellbeing of the people of Muslim nations and Muslim Coordinating Board, BKPM Fauzi Bowo communities worldwide through increasing trade and Governor of DKI Jakarta Hasyim Muzadi business activities amongst them. Chairman of PBNU Din Syamsuddin Chairman of PP.Muhamadiyah WIEF aims to package the Muslim world as a lucrative trade ORGANISING COMMITTEE: CO-CHAIR and investment caucus that is able to attract foreign investors H.E. Dr. Sofyan Djalil and business partners from various countries worldwide. Minister of State-Owned Enterprise Tanri Abeng Chairman of PT Telkom & Former Minister of SOE WIEF believes that collaboration is the salient feature of COORDINATING COMMITTEE 21st century international relations. Business partnerships H.E. Siti Nurbaya Secretary General, The House of Regional can become genuine bridges towards peace and prosperity Representatives (DPD) Dr. Dino P. Djalal between the Muslim and non-Muslim world. Official Spokesman to the President of Republic of Indonesia
Gita Wirjawan WIEF accords the highest importance to two of the most CEO, Ancora International Erwin Aksa important segments of society the women and youth of the Chairman, HIPMI Rina Fahmi Idris Muslim world - which it seeks to nurture to its maximum Chairman, IWAPI Alexander Rusli potential through training, education and business activities. Special Adviser to the Minister of SOE 12 5th World Islamic Pre Forum 1 March 2009 Pre Forum 1 March 2009 5th World Islamic 13 Economic Forum Economic Forum
Agenda Agenda
WIEF WIEF Businesswomen Forum Businesswomen Forum
Women Entrepreneurs: The Driving Force Towards a Stronger Future
8.00 - 9.00 Registration 12.50 - 14.10 Lunch & Prayers Arrival of Delegates, Guests and VIPs 14.10 - 15.00 Plenary 3 9.00 – 10.00 Joint Opening Ceremony Of WIEF Businesswomen Forum & WIEF Young Leaders Forum Transforming Market Challenges into Opportunities Women entrepreneurs around the world face numerous challenges and obstacles to either - Quran Recital commence operations or improve their business performance. The speakers in this session will share their thoughts and experience on some operational aspects: - Welcoming Speech by Mr. Tanri Abeng, Co-Chairman, Indonesian National Organising Committee • Developing innovative strategies to boost business performance - Speech by Mr. Erwin Aksa, Chairman, HIPMI • The art of persuasion – leveraging your company with PR and marketing - Speech by Dato’ Sri Nazir Razak, Chairman, WIEF Young Leaders Network • Managing corporate flexibility and building competitiveness - Speech by Ms. Rina Fahmi Idris, Chairman, IWAPI - Speech by Dato’ Dr Norraesah Mohamad, Chairman, WIEF Businesswomen Network Speakers: - Speech by the Hon. Tun Musa Hitam, Chairman, WIEF Foundation - Ms. Winny E. Hasan, President, PT Bank DKI, Indonesia - Opening Keynote Address by H.E. Jusuf Kalla, Vice President, Republic of Indonesia - Dr. Shaikha Al Maskari, Chairperson, Al Maskari Holdings, UAE - Mr. Ian Buchanan, Senior Advisor, Booz Allen Hamilton (Australia) Ltd 10.00 - 10.30 Refreshments / Informal Networking Moderator: 10.30 – 12.00 Plenary 1: - Mr. Mahmoud Abushama, Head, HSBC Amanah Syariah, Indonesia Opportunities Beyond Borders There is a vast trade and investment opportunities for women around the world today. However, they each come with their fair share of trade-offs between risk and benefit. This session will explore: 15.00 – 15.50 Plenary 4 • Strategies for international joint ventures and strategic alliances and most beneficial business “Growing” The Next Generation Of Women Entrepreneurs: opportunities available for women entrepreneurs Engaging Young Women & Girls In Entrepreneurship • New financing models and role of financial institutions in stimulating business growth overseas and Young women and girls need to think of entrepreneurship as not only a viable career option but also • Provision of gender friendly framework and structure to promote entrepreneurship as a rewarding one. But, they need to be taught also that business is a place where they can create real value for the world. Greater involvement in business means not just providing access, Speakers: mentors and encouragement. How can the next generation of women entrepreneurs make - H.E. Mari E. Pangestu, Minister of Trade, Republic of Indonesia the mark? What kind of assistance do the women need? How can they be helped in making the - Ms. Karen Agustiawan, Chief Executive Officer, PT Pertamina (Persero), Indonesia mind shift from employment to entrepreneurship? - Nadia Zaal, Chief Executive Officer, Zaya LLC, UAE - Ms. Mary Schnack, International President, National Association of Women Business Owners, USA Speakers: - Ms. Evelyn Mungai, President, All-Africa Businesswomen’s Association, Kenya - H.E. Fatima Hajaig, Deputy Minister, Department of Foreign Affairs, South Africa - Ms. Jamelah Jamaluddin, Managing Director, RHB Islamic Bank Bhd, Malaysia - Ms. Deborah Leary OBE, Vice President, British Association of Women Entrepreneurs (BAWE), UK - Tengku Rozaidar Tengku Zainal Abidin, Chief Executive Officer, Nineteen O One Sdn Bhd, Malaysia Moderator: Moderator: - Ms. Desi Anwar, General Manager and Business Development, Metro TV, Indonesia - Ms. Olive Zaitun Kigongo, Chairman, Uganda National Chamber of Commerce & Industry
12.00- 12.50 Plenary 2: 16.00 Joint Closing Ceremony Evolving Role of Women in Business The role of women in business has evolved over time. In recent years, more women have been - Introduction by Ms. Rina Fahmi Idris, Chairman, IWAPI graduating from college than men, and more women are becoming successful entrepreneurs and - Address by Mr. Erwin Aksa, Chairman, HIPMI are reaching top corporate tiers. This session will explore how to better leverage their support networks, - Concluding Remarks by Dato’ Sri Nazir Razak, Chairman, WIEF Young Leaders Network (WYN) improve their individual careers and benefit their organizations: - Concluding Remarks by Dato’ Dr Norraesah Mohamed, Chairman, WIEF Businesswomen Network • Connecting business women regionally and globally through women’s business and trade associations - Vote of thanks by Tun Musa Hitam • The need and advantage of cross border mentoring - Closing Address by H.E. Hj. Ani Susilo Bambang Yudhoyono, First Lady of the Republic of Indonesia • Women entrepreneurs as catalyst in economic development (* subject to confirmation)
Speakers: - Dr. Amany Asfour, President, Egyptian Businesswomen Association - Ms. Betty Alisyabana, President Director, PT IBM Indonesia - Ms. Attiya Nawazish Ali, Assistant Secretary General, Islamic Chamber of Commerce and Industry
Moderator: - Ms. Sjahnaz Zahirsjah, Sjahnaz-Noerdin-Sarilukita, Indonesia
14 5th World Islamic Pre Forum 1 March 2009 Pre Forum 1 March 2009 5th World Islamic 15 Economic Forum Economic Forum
Agenda Agenda
WIEF WIEF Young Leaders Forum Young Leaders Forum
Charting Our Course: Leading Islamic Business & Finance Forward
8.00 – 9.00 Registration 12.30 - 14.00 Lunch & Prayers Arrival of Delegates, Guests and VIPs
9.00 – 10.00 Joint Opening Ceremony Of WIEF Businesswomen Forum & WIEF Young Leaders Forum 14.00 - 15.00 Plenary 3 Banking on Integrity: The Prospects of Islamic Finance in a Plural Society - Quran Recital The World post-financial crisis is expected to witness a trend towards regulatory economics and a structural shift on investments from the western markets to other parts of the world. In a country - Welcoming Speech by Mr. Tanri Abeng, Co-Chairman, Indonesian National Organising Committee like Indonesia, such shifts lend greater credence to Islamic Banking as a credible alternative to the - Speech by Mr. Erwin Aksa, Chairman, HIPMI weakening global financial system. - Speech by Dato’ Sri Nazir Razak, Chairman, WIEF Young Leaders Network • Can Islamic Banking give a new and higher moral dimension to the current global financial setting? - Speech by Ms. Rina Fahmi Idris, Chairman, IWAPI • What more is needed to accelerate its development especially in a plural society like Indonesia? - Speech by Dato’ Dr Norraesah Mohamad, Chairman, WIEF Businesswomen Network • How do we capitalise on this development? - Speech by the Hon. Tun Musa Hitam, Chairman, WIEF Foundation - Opening Keynote Address by H.E. Jusuf Kalla, Vice President, Republic of Indonesia Panelists: - Mr. Badlisyah Abdul Ghani, Executive Director & Chief Executive Officer, CIMB Islamic Bank Berhad 10.00 - 10.30 Refreshments / Informal Networking - Mr. Aditya Chandra Wardhana PhD, Director of IndoPacific Edelman - Mr. Adiwarman Azwar Karim, President Director, Karim Business Consulting 10.30 11.30 Plenary 1 - Mr. Gita Wirjawan, Co-Chairman of Ancora Capital & former Country Manager, JP Morgan Indonesia The Leadership Imperative: Towards a Good Succession Plan - Mr. Yuslam Fauzi, President Director, Bank Syariah Mandiri With 1.5 billion people and a burgeoning youth population, succession planning is the most urgent and crucial agenda in the Muslim world. In the present context, there is a shortage of people in the workforce Moderator: that can play their leadership roles effectively. This has led to a slowdown in innovation and development - Mr. Rafe Haneef, Managing Director, Fajr Capital in various areas of the private sector and government. It is therefore an imperative for the Muslim world to address this issue accordingly. 15.00 – 16.00 Plenary 4 • What is our vision for the next generation leadership? Plugging Ideas into Business: Creating Innovative Industries • What are some of the best practices in leadership development for the public and private sector? Business ideas often fall on deaf ears because of a serious lack of institutional support and • How can we create a successful succession planning mechanism? receptivity in transforming these potentially promising ideas into reality. There is an urgent need to create a conducive environment where these ideas can flourish and supported to become full- Panelists: fledged business proposals. This is crucial if the Muslim world is to transcend the conventional paths - Lord Mohamed Iltaf Sheikh, House of Lords, United Kingdom of industry into a new realm of creative industries, with huge potential to penetrate bigger markets - Mr. Tarek Fatah, Founder, Muslim Canadian Congress and niche areas. - Mr. Tanri Abeng, Chairman, Executive Centre for Global Leadership, Indonesia • How can the government foster innovative thinking in education and human resource - Imam Feisal Abdul Rauf, Chairman, Cordoba Initiative development? • How do governments go about creating public institutions that supports innovative ideas? Moderator: • How do we encourage the youth to forward their creative business ideas and what are the - Dato’ Sri Nazir Razak, Chairman, WIEF Young Leaders Network channels in which they can make themselves heard?
11.30 - 12.30 Plenary 2: Panelists: Employment in the 21st Century: Understanding the Global Workplace - Mr. M Abdelbasset Zitouni, National Director, Young Entrepreuneurs of France Employers all over the world, particularly the multinationals, have a certain set of standards that they - Ms. Rabia Zargarpur (RABIA Z), Winner of the British Council’s International Young Fashion require to employ professional workers. These standards cut across religion and culture. On the other side Entrepreneur Award 2008 of the same spectrum, the global demand and supply chain operates on certain logic and a set of - Mr. Sandiaga Uno, Chief Executive Officer, Saratoga Capital, Indonesia standards. Businesses that do not apply these standards often fail to grow beyond domestic markets. - Ms. Fatma Mahfudh, Managing Director, FM Magazine, UAE • What is the logic of the global workplace? • What is the 21st century global workplace seeking in its workforce? Moderator: • What is the core skill required and how does one acquire them? - Mr. Asim Siddiqui, Founding Trustee of the City Circle, UK • What standards do young entrepreneurs need to attain in order to penetrate international markets? 16.00 - 16.30 Joint Closing Ceremony Invited Panelists: - Mr. Essa Al-Ghurair, Vice President, Al-Ghurair Investments, UAE - Introduction by Ms. Rina Fahmi Idris, Chairman, IWAPI - Mr. Shakir Moin, Director, Sparkling Brand Portfolio , Coca-Cola Pacific Group, The Coca-Cola Company - Address by Mr. Erwin Aksa, Chairman, HIPMI - Mr. Engur Rutkay, Secretary General, Young Businessmen Association, Turkey (TUGIAD) - Concluding Remarks by Dato’ Sri Nazir Razak, Chairman, WIEF Young Leaders Network (WYN) - Concluding Remarks by Dato’ Dr Norraesah Mohamed, Chairman, WIEF Businesswomen Network Moderator: - Vote of thanks by Hon. Tun Musa Hitam - Mr. Muhammad Lutfi, Chairman, Investment Coordinating Board Indonesia - Closing Address by H.E. Hj. Ani Susilo Bambang Yudhoyono, First Lady of the Republic of Indonesia (* subject to confirmation) 16 5th World Islamic The Forum Monday The Forum Monday 5th World Islamic 17 Economic Forum Day One 2 March 2009 Day One 2 March 2009 Economic Forum
Agenda Agenda
Food and Energy Security & Stemming The Tide of Global Financial Crisis
8.00 - 9.00 Registration 13.30 - 17.30 Lunch & Special Luncheon Address Arrival of Delegates, Guests and VIPs Hosted by QatarTelecom (Qtel)
Transforming Mediocrity into International Success 9.00 - 11.00 Opening Ceremony Speaker: Quran Recital - Hon. Baroness Pauline Neville Jones, Shadow Security Minister & National Security Adviser, House of Lords, United Kingdom Welcoming Speech by H.E. Dr. Sofyan A. Djalil, Co- Chairman, Indonesian National Organising Committee Chair: Mr. Ebrahim Patel, Chairman, Minara Chamber of Commerce & Industry, South Africa Speech by Hon. Tun Musa Hitam, Chairman, WIEF 15.30 - 17.30 Global CEO Panel Speech by H.E. Prof. Dr. Ekmeleddin Ihsanoglu, Secretary-General of OIC Global Economic and Business Scenario for the Next Decade. The global financial crisis resulted in banks collapsing overnight, national economies crumbling, Speech by H.E. Dato’ Seri Abdullah Ahmad Badawi, Prime Minister of Malaysia & Patron of WIEF massive layoff of workers in many countries across the globe, predominantly in those economies Foundation more exposed to the global financial market such as those in Europe, North America and Japan. The ripple effect is still not over. A great many peripheral industries are starting to feel the heat Opening Keynote Address by H.E. Dr. Susilo Bambang Yudhoyono, of the crisis as well. The extent of the damage is still uncertain. Listen to global CEOs across the President of the Republic of Indonesia globe from various multinational companies discuss strategic responses to the financial quagmire and exchange cutting-edge ideas and solutions to determine a new global financial landscape in the Signing Of Memorandum Of Agreements (MOA) next decade.
Special Addresses by: Speakers: - H.E. Ali Abdullah Saleh, President, Republic of Yemen - Mr. Madhu Koneru, Managing Director, Ras al-Khaimah Minerals & Metals Investments, UAE - H.E. Sheikh Sharif Sheikh Ahmed, President, Republic of Somalia - Mr. James T. Riady, Chief Executive Officer, Lippo Group, Indonesia - H.E. Khalifa ibn Sulman Al Khalifa, Prime Minister, Kingdom of Bahrain - Mr. Mukhtar Hussain, Global Chief Executive Officer, HSBC Amanah - H.E. Abbas El Fassi, Prime Minister, Kingdom of Morocco - Tan Sri Azman Hj Mokhtar, Managing Director, Khazanah Nasional Berhad, Malaysia - H.E. Abdullah Bin Hamad Al-Attiyah, Deputy Prime Minister, State of Qatar - Sheikh Mazen Batterjee, Vice Chairman, Jeddah Chamber of Commerce and Industry - H.H. Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler, Ras Al-Khaimah Emirate, UAE - Mr. Mumtaz Khan, Founder and Chief Executive Officer, Middle East & Asia Capital Partners Pte Ltd, Singapore 11.00 - 11.30 Refreshments / Informal Networking Moderator: 11.30 - 13.30 Leadership Panel - Mr. Christopher Graves, President/CEO, O &M Asia Pacific Innovative Solutions to Global Challenges 17.30 Refreshments / Informal Networking Panelists: - H.E. Dr. Ahmed Mohamed Ali, President, Islamic Development Bank 19.30 - 22.00 Gala Dinner - H.E. Isaac Musumba, Minister of Foreign Affairs, Republic of Uganda Hosted by H.E. Dr Susilo Bambang Yudhoyono, President of the Republic of Indonesia and - H.E. Rachid Mohamad Rachid, Minister of Trade and Industry, Arab Republic of Egypt H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Rulers of Ras Al Khaimah - H.E. Mohamed Rasheed, Minister of Economic Development, Maldives
Moderator: - H.E. Dr Hassan Wirajuda, Foreign Minister, Republic of Indonesia 18 5th World Islamic The Forum Tuesday The Forum Tuesday 5th World Islamic 19 Economic Forum Day Two 3 March 2009 Day Two 3 March 2009 Economic Forum
Agenda Agenda
8.30 - 9.30 Plenary 1 Beyond Scarcity: Overcoming The Global Food Crisis 14.00 – 15.30 Plenary 3 Not too long ago, oil prices hit the ceiling due to volatile production patterns caused by instability in Stemming the Tide of the Global Financial Crisis the Gulf among other factors. This greatly affected the cost of food production, and coupled with the The world’s financial crisis in recent months brought about great instability not only to the US rapid growth of the biofuels industry which takes away food for consumption into the energy market, economy but to the world at large. With a staggering USD700bn rescue package being passed in food prices went rocket high. Lack of international cooperation in this matter also meant that the US Parliament to salvage the colossal loss incurred by such names as the Lehman Brothers, worldwide markets are getting tighter and the pain suffered by the abject poor only lasts longer. Merrill Lynch and US’ biggest insurance company, AIG, and tremors being felt in most part of This is more so the case in food import-dependent countries where slight changes in price greatly Europe and Asia, one goes to wonder whether this is the end of an era of debt trading and market affects the purchasing power of the population, which means millions will go hungry. The gold rush speculation. Is debt trading a major factor of the financial crisis? Will the world go into a new era towards biofuel is also taking away food from the hungry. What are the immediate steps to remedy of regulatory economics? How will the new global framework take shape after this crisis is over? Is the world ready to allow market to develop its own financial needs of the society? Could Islamic the situation? How can the Muslim world collaborate to mitigate the price pressures? Are there Banking provide an alternative to the current banking system? investment opportunities in food for global corporations? Keynote Speaker: Speakers: - H.E. Dr Sri Mulyani Indrawati, Minister of Finance, Republic of Indonesia - H.E. Anton Apriantono, Minister of Agriculture, Republic of Indonesia - Minister of Agriculture, People’s Republic of Bangladesh H.E. Matia Chowdhury, Panelists: - H.E. Mamytbekov Edil, Deputy Minister of Industry and Trade, Republic of Kazakhstan - H.E. Sheikh Jassim bin Hamad Jassim bin Jaber Al- Thani, Chairman, Qatar Islamic Bank - Mr. Joachim von Braun, Director General, International Food Policy Research Institute, US - Mr. A. Riawan Amin, President Director, Bank Muamalat, Indonesia - Mr. Hans Joehr, Head of Agriculture, Nestlé SA - Mr. Iqbal Khan, Chief Executive Officer, Fajr Capital, UK - Ms. Anni Brownjohn, Founder & Managing Director, The Right Food Group Pty Ltd, Australia & Chair, - Datuk Mohamed Azahari Kamil, Chief Executive Officer, Asian Finance Bank, Kingdom of Bahrain Organic Federation of Australia Council of Manufacturers - Mr. James Mwangi, Chief Executive Officer & Managing Director, Equity Bank of Kenya - Mr. Mohammed Faiz Azmi, Partner and Global Islamic Leader, PricewaterhouseCoopers Moderator: - Mr. Michael P Lee, CEO & Member of the Board, Ithmaar Bank, B.S.C., Bahrain - Dr. Harbrinderjit Singh Dillon, Senior Governance Advisor, Center of Agricultural & Policy Studies (CAPS) Moderator: 9.30 - 10.00 Refreshments / Informal Networking - Sir Iqbal Sacranie, Chairman of MCB Charitable Foundation/ Chairman of Muslim Aid, UK
10.00 - 12.00 Plenary 2 15.30 – 17.00 Plenary 4 Paving a Greener World: Creating a Future for Alternative Energy Global SMEs: Business Beyond Boundaries The UN reported that millions of new jobs will be created worldwide over the next few decades by the The key to success of emerging small and medium sized companies is the ability to steer itself into a development of alternative energy technologies. More than a million people are currently employed in lucrative and promising openings in the market and banking on it with the proper skills and biofuels industry but that the figure could rise to 12 million by 2030. resources. In order to do so, companies need to constantly come up with innovative and cutting- Green economy has to grow at a more progressive pace in order to take advantage of manpower edge ideas in order to be on top of the rest in the industry. This requires corporate strategy and needs fuelled by the cost of rapid increase of greenhouse gases. However “green jobs” are market research, especially when one decides to traverse beyond the domestic market. Knowledge dependent upon subsidy shift from oil and natural gas towards wind, solar, and geothermal power. Are of local markets is crucial for survival for example. Should socio-cultural conditions be a central governments ready to invest on alternative energy technologies? element in corporate decision-making? How best can central and local governments facilitate the growth of SMEs? Panelists: - H.E. Turganov Duisenbai, Deputy Minister of Energy & Mineral Resources, Republic of Kazakhstan Speakers: - Mr. Abdullah Hussein Salat, Senior Advisor, Office of the Deputy Prime Minister, State of Qatar - Datuk Ir. Mohamed Al Amin Hj. Abdul Hamid, Chairman, Small and Medium Enterprises Central - Dr. Graeme Sweeney, Executive Vice President for Future Fuels and Carbon Dioxide (CO2), Coordinating Agency, Malaysia Royal Dutch Shell Group. - Mrs. Olive Zaitun Kigongo, Chairman, Uganda National Chamber of Commerce & Industry - Mr. Hermann Scheer, President, Eurosolar, Germany - Mr. Abdul Vakhid Niyazov, President, Islamic Cultural Centre, Russian Federation - Mr. Titus K.B. Mbathi E.G.H., Chairman, Kenya Electricity Generating Company Ltd - Mr. Ibrahim Fawaz Abdelnour, Deputy Director, Investment Operation Department, Islamic - Dato’ Sabri Ahmad, Chairman, Malaysia Palm Oil Board Corporation for the Development of the Private Sector (ICD), Saudi Arabia - Mr. Roland Jansen, President, Mother Earth Plantations, Switzerland Moderator: Moderator: - Dr. Ir. B. S. Kusmuljono, Chairman, National Committee for Indonesia Micro Finance - Mr. Ari H. Soemarno, former Chief Executive Officer, PT Pertamina (Persero) Indonesia 17.00 Refreshments / Informal Networking 12.00 – 14.00 Lunch & Special Luncheon Address Role of Business in Ensuring Sustainable Environment For Future Generation 19.00 – 20.00 Concluding Session & Dinner Hosted by H.E. Jusuf Kalla, Vice President of the Republic of Indonesia Speaker: - Tan Sri Ahmad Tajuddin Ali, Chairman, UEM Malaysia - Jakarta Declaration of 5th WIEF read by H.E. Irman Gusman, Vice Chairman, the House of Regional Representatives, Indonesia Chair: - Closing Address by H.E. Jusuf Kalla, Vice President of the Republic of Indonesia - Mr. Gita Wirjawan, Co-Chairman of Ancora Capital & former Country Manager, JP Morgan Indonesia - Vote of Thanks by Hon. Tun Musa Hitam, Chairman, WIEF 20 5th World Islamic Post Forum Wednesday Post Forum Wednesday 5th World Islamic 21 Economic Forum 4 March 2009 4 March 2009 Economic Forum
Agenda
Post Forum Investment Projects
Oil,Gas Mining And Infrastructure Agriculture Indonesia in Focus: 1 International Airport/Kertajati Aerocity 49 Tea Plantation and Green Tea Processing Investments in the Region 2 (Soreang-Pasirkoja) Toll Road 50 Surimi Seaweed Powder Processing 3 (Cileunyi-Sumedang-Dawuan) Toll Road 51 Organic Fertilizer 4 Cicalengka-Tanjungsari-Kertajati Doubel Track 52 Banten Clams Industry 09.00 – 09.10 Opening address 5 Water Supply in Bekasi Regency 53 Banten Seawed Industry Speaker: 7 Water Supply in Cirebon Regency 54 MOCAF (Midified Cassava Flour) H.E. Irman Gusman, 8 Water Supply in Cirebon City 55 Development of Vegetable Organic Vice Chairman, 9 Water Supply in Bandung City 56 Development of “Gambir marketing” The House of Regional Representatives (DPD) 10 Water Supply in Bandung Regency 57 Palm Oil Down Stream Industries Bio 11 Water Supply in Karawang Regency Briquette and RIF (mouding) 09.10 – 10.40 Plenary Session I 12 Water Supply in Sukabumi Regency 58 Invesment of Rubber Good Industries Policy on Investment and Tourism 13 Geothermal Tampomas 59 Refinery Mill Filling and Packaging Industries 14 Geothermal Cisolok Sukarame 60 Pineapple Canning Industry Keynote Address: 15 Cilegon-Bojonegoro Toll Road Project 61 Cow Fattenning Development Mr. Muhamad Lutfi, 16 Development of Bojonegoro International Seaport 62 Donggala Fishery Port, Donggala Regency Chairman, Indonesia Investment Coordinating Board (BKPM) 17 South Banten Airstrip 63 Developmet of Seawed Cultivation in 18 Banten Super Transit Terminal Banggai&Touna Regency Keynote Address: 19 Pengembangan Energi Panas Bumi 64 Cacao powder and cacao butter industry, H.E. Jero Wacik, 20 The Development of Serang Panimbang Toll Road Palu Regency Minister of Tourism & Culture 21 New Tanjung Bulupandan Port Development 65 Low Fattening - Cattle Fattening 22 Hazardous Wastes facility 66 Untia New Fishing Port Q&A 23 Marble Granite Industry 67 Cocoa Processing Industry 24 Geothermal 68 Seaweed Processing Industry 25 West Point Maritime Integrated Industrial Park 69 Pengembangan Sapi Terpadu 10.40 – 11.00 Coffee break 26 Lagoi Bay, Bintan Resort, Bintan Island, 70 Development of Central Industry of Seawed Kepulauan Riau & Gelatin Process 11.00 – 12.30 Plenary Session II 27 Batam-Bintan Bridge 71 Cattle Breeding and Fattenning Policy & Opportunities of Syariah Banking 28 International Ferry terminal Project (Tj.Tiram 72 Rice Estate Keynote Address: Pongkar-Karimun) Regency 73 Cocoa Manufacturing Mr. Boediono, Governor of Bank Indonesia 29 Pembangunan Jaringan Rel KA Lintasa Stasiun 74 Merauke Integrated Food and Energy Simpang ke Tanjung Api-api Remarks: 30 Tanjung Api-api Port Tourism Mr. A. Riawan Amin, President Director of Bank Muamalat 31 Train Container Terminal 75 Agro Tourism Estate (Restaurant, Cottage, 32 Eksplorasi dan Pengembangan CBM Factory Outlet, Tea Corner) Q&A 33 Pengembangan IAIN Menjadi UIN Raden Patah 76 Patimban Beach Subang 34 Development of Hydro Power Plant, 77 The Devolepment of Tanjung Lesung 12.30 – 13.30 Lunch Kutai Kertanegara Tourism Resort 35 The Construction of Balikpapan Bay Bridge 78 Mandeh Tourism Resort 13.30 – 15.00 Business Match Making 36 Balikpapan-Samarinda-Bontang Free Way 79 Twin lakes 37 Lambakan Dam Pasir Regency 80 Cabble Car Agam Regency 38 East Kalimantan Railway and Coal Terminal Project 81 Integrated Area of Patung Raya 39 Maloy International Integrated Port 82 Pengembangan Obyek dan Daya Tarik 40 Environmentally Friendly Power Station Utilizing Wisata Sumatra Selatan Non Marketable Coal 83 Development of Tourism 41 Cement Plan Production 84 Bussiness Centre Complex Centre Point of 42 Manado Bitung Tol Road Indonesia Project 43 Development of Airport Bubung, Banggai 85 Kawasan Wisata Pulau Sekitar Kota makasar Regency 86 Toll Road and Bridge Serangan -Tanjung Benoa 44 The Micro Hydro Electric Resources of Luksagu 45 Makasar New Port Finance 46 Railway System Makasar 87 Meet Bussiness Center 47 The 2nd Makassar Industry Estate (Expantion) 88 Syariah Bank Bukittinggi 48 Waste Power Plant
22 5th World Islamic 5th World Islamic 23 Economic Forum Economic Forum
Memorandum of Memorandum of Agreements Agreements
Signing Ceremony for the upgradation of Balikpapan Refinery between Signing Ceremony for the Financing of the first 8 Boeing 737-800 Next Generation aircraft PT. Pertamina, ETA Star Group Dubai & Itochu Corporation Japan. between PT Garuda Indonesia & Dubai Aerospace Enterprise (DAE)
In September 2008 a Heads of Agreement was signed among Pertamina, the ETA Star Group and Itochu DAE finances the first 8 of Garuda’s total order of 50 Boeing 737-800 Next Generation aircraft, which Corporation to upgrade Pertamina’s Balikpapan refinery in order to produce more high value products. will be delivered starting mid-2009. These new aircraft are specifically configured for Garuda Indonesia, The total value of this is approximately US$ 1.7 billion. Currently the three parties are negotiating the with more advanced avionics, more fuel efficient, eco-friendly engines, and a “state of the art” Inflight terms of a comprehensive Cooperation Agreement which will lead to the execution of a Joint Venture Entertainment System in all classes. Agreement. DAE was established in Dubai in February 2006, bringing the first level of collaboration of its kind ETA Star Group, a UAE based international conglomerate with extensive experience in the oil and gas between government and public companies. DAE is building a global aerospace, manufacturing and sector, petrochemicals, EPC contracting, E&M engineering, international trading, shipping, real estate services corporation. Based in Dubai, the fastest growing city in the world, DAE is situated at the heart development, cement production, mining, aviation, insurance, education, retail, manufacturing & of one of the world’s most dynamic regions, and is ideally positioned to shape the trends that will decide assembling, healthcare and various other activities. The ETA Star Group has offices in over 26 countries. the future of the aerospace industry.
PT. PERTAMINA is The State Oil Company of Indonesia and is engaged in upstream business (activities Garuda Indonesia is the national flag carrier of Indonesia, with fleet of 56 single aisle and wide body jet include exploration, production, transportation, processing, and power generation from various resources aircraft. The airline currently flies to 48 destinations in Indonesia, Australia, China, Japan, Korea, Middle such as oil, gas and geothermal energy, including related activities, domestically as well as internationally) East and South East Asia. As part of an on-going fleet revitalization program, Garuda Indonesia has and downstream business, including crude oil purchasing, refining, marketing and trading. ordered 50 Boeing 737-800 Next Generation aircraft and 10 Boeing 777-300 Extended Range aircraft for delivery commencing 2009. ITOCHU Corporation Japan is engaged in domestic trading, import/export, and overseas trading of various products such as textiles, machinery, information and communications-related products, metals, products related to oil and other energy sources, general merchandise, chemicals, and provisions and Signing Ceremony Memorandum of Agreement: Strategic Business Collaboration on food. Remittance Services between Bank Muamalat Indonesia & The National Commercial Bank Saudi Arabia
Signing Ceremony between Government of Ras Al Khaimah, UAE and Bank Muamalat Indonesia (BMI) has teamed up with The National Commercial Bank (NCB) Jeddah to Government of East Kalimantan, Indonesia: provide a joint personal remittance service to expand business cooperation between the two countries to service the needs of their customers, in facilitating remittances from retail customers in Kingdom of Saudi RAK Minerals & Metals Investments (RMMI) was established in 2005 to extend Ras Al Khaimah’s long- Arabia to their beneficiaries in Indonesia in local currency of Indonesia (IDR). This service is named as ‘Kas term investment strategy in minerals and metals. Its mission is to become a leading mining solutions Kilat powered by Quick Pay’. provider in the metals and minerals industry through strategic, long-term investments across the entire mining value chain - from geological exploration, mining and processing to trading and logistics. Today, Signing Ceremony Memorandum of Agreement : Withdrawal Services between Bank RMMI is a rapidly growing global mining conglomerate with an asset base exceeding US$2 billion, with Muamalat Indonesia & PT. Pos Indonesia 23 licenses in Indonesia, Congo and Armenia, and key investments in Australia and Thailand. Alliances between BMI and POS Indonesia are in the form of the utilization of facilities and service of In 2008, the government of Ras Al-Khaimah signed a memorandum of understanding with Indonesia both organizations for the development of business that is complies with sharia principles. The alliance to develop an industrial city and bulk cargo handling jetty in the country, and has entered into a has allowed every ummat to be reach by the services of Bank Muamalat through the development of an joint venture with the National Aluminum Company (NALCO) for the development of an Integrated on-line and real-time Host-to-Host technology with Pos Indonesia. Continuing the alliances, there fore Aluminum Smelter and Power plant. the goal of this agreement is to the utilizations of Online Payment Point System (SOPP) POS Indonesia for the cash withdrawal transaction. At the 5th WIEF, the Government of Ras Al Khaimah, United Arab Emirates and the Government of East Kalimantan, Republic of Indonesia will sign two landmark G2G agreements covering social and economic Signing Ceremony Memorandum of Agreement : Islamic Payment Network between Bank development programs for the region. Muamalat Indonesia & Islamic Payment System Sdn Berhad
The Islamic Payment System Network is the strategic collaboration which designed to segregate retail money into sharia compliant funds and those that do not adhere to Islamic beliefs. This services makes depositor could know whether the monies coming out of an ATM or Pos network would be free from usury. It was hoped that the switch could revolutionise the financial infrastructure and systems for pilgrims. 24 5th World Islamic 5th World Islamic 25 Economic Forum Economic Forum
Role Players Role Players
A. Riawan Amin H.E. Ahmad Mohamed Ali, Dr. President Director President Bank Muamalat, Indonesia Islamic Development Bank, Kingdom of Saudi Arabia
A. Riawan Amin is the Director General Council of Islamic Banks and Financial Institutions Bahrain; During 1958-1959, H.E. Dr Ali began his career in education and manpower development as Chairman of Indonesian Sharia Bank Association. Graduated from University of Texas, USA, Director, Scientific and Islamic Institute in Yemen. Subsequently, he returned to Saudi Arabia Interdisciplinary Study in 1987 and New York Inst. Of Tech Architectural Technology in 1985. He and continued in education as the Acting Rector of King Abdulaziz University from 1967-1972. is the initiator of Sharia Award and in 1999-2002 he successfully led Muamalat’s recovery over His contribution to the development of the people was recognized by the government of monetary crisis without burdening the government. His outstanding performance leads him and Saudi Arabia and in 1972 he was appointed Deputy Minister of Education. In 1975, he was BMI to win International Award. He is the bestselling author of “The Celestial Management”. appointed by Organization of the Islamic Conference to lead the then newly-established Islamic Development Bank (IDB) as the bank’s first president. IDB promotes trade financing, economic cooperation and poverty alleviation in the Muslim world.
Abdul Vakhid Niyazov Tan Sri Ahmad Tajuddin Ali President Director Islamic Cultural Center of Russian Federation, Russian Federation Sime Darby Bhd., Malaysia
The Islamic Cultural Center of Russia (Moscow) was created in 1991 and carries out broad Ahmad Tajuddin Ali holds a degree in mechanical engineering from King’s College, University of activities in the field of the religious enlightenment and cultural propaganda. Prior to this, Mr. London, and a doctorate in nuclear engineering from Queen Mary’s College, University of London, Abdul was Deputy Chairman of State Duma Committee on Regulatory & Organizational works and an honorary degree of Doctor of Science from Universiti Putra Malaysia. He is acknowledged of State Duma (2000–2001) and Member of State Duma of Federal Assembly (2000–2003). for his strategic planning, management and marketing skills in Malaysia. He is involved in many He was General Director, Islamic Cultural Center of Russian Federation. He studied at Russian professional activities, boards, councils, and committees at national, regional, and international State University of Liberal Arts and Russian Academy of State Service under President of Russian levels. He was formerly the director-general of SIRIM and the executive chairman of state utility Federation. giant Tenaga Nasional Bhd. He is a registered professional engineer with the Board of Engineers Malaysia.
Aditya Chandra Wardhana, Ph.D Amany Asfour, Dr. Director President IndoPacific Edelman, Indonesia Egyptian Businesswoman Association, Arab Republic of Egypt
Dr. Amany Asfour graduated from Faculty of Medicine – Cairo University and has a Master’s and M.D. degree in Pediatrics. She established the Egyptian Businesswomen Association in 1995 with the objectives of promoting young generations of women entrepreneurs and giving guidance to women owners of small and medium enterprises. She also established the African Alliance for Women Empowerment that has focal points all over Africa, with women empowerment in Africa as its main target. Dr. Asfour was awarded many awards from Egypt, Africa, the Arab and Islamic world, as well as other countries.
Adiwarman Azwar Karim Anni Brownjohn President Director Chairman Karim Business Consulting, Indonesia Organic Federation of Australia Council of Manufacturers, Australia
Adiwarman Azwar Karim is the author of five best selling books in Islamic banking, Islamic Director of organic success story The Right Food Group, and brand Ozganics, Anni Brownjohn is an economics and history of Islamic economics. He earned degrees from Institut Pertanian Bogor, all-natural processor leading the charge for healthy, high-quality and innovative food in the packaged University of Indonesia, European University (Belgium) and Boston University (USA) and was grocery aisle. Since founding the business in 1999, Anni has expanded to supply major retail and appointed as a Visiting Research Associate at Oxford Center for Islamic Studies (UK). Formerly on export outlets with everything from certified pumpkin soup to award winning gluten-free, dairy-free the management of Bank Muamalat Indonesia, he is currently a member of the National Sharia and egg-free Caesar dressing. Find out how high-energy small organic companies are coming to the Board, Sharia Advisory Board of Bank Syariah Harta Insan Karimah, Sharia Supervisory Board of forefront of the fast-growing health food sector. Great Eastern Syariah Insurance, Prudential Life Assurance, Bank Danamon Syariah, HSBC Syariah (Indonesia), Fortis Investments and UFO-Multi Level Marketing Company. 26 5th World Islamic 5th World Islamic 27 Economic Forum Economic Forum
Role Players Role Players
Anton Apriantono Tan Sri Dato’ Azman bin Hj. Mokhtar Minister of Agriculture Managing Director The Republic of Indonesia Khazanah Nasional, Malaysia
Anton Apriantono has been Indonesia’s Minister of Agriculture since October 2004. He studied at Tan Sri Dato’ Azman bin Hj. Mokhtar was a Director and Head of Research for Union Bank of the University of Reading and currently is a faculty in Department of Food Science and Technology Switzerland, Malaysia (1994-1998), Director and Head of Research at Salomon Smith Barney, at Bogor Agricultural University. Malaysia (1998-2002), and Managing Director of BinaFikir Sdn. Bhd. (2002-2004). He graduated with distinction in M. Phil in Development Studies from Darwin College, Cambridge University (UK) as a Chevening scholar. He is a Fellow of the Association of Chartered Certified Accountants (UK) and is a Chartered Financial Analyst charter holder. He also holds a graduate diploma in Islamic Studies from the International Islamic University, Kuala Lumpur.
Ari H. Soemarno B.S. Kusmuljono, Dr. Fomer President & CEO Chairman PT Pertamina (Persero), Indonesia National Committee for Indonesia Micro Finance, Indonesia
Ari H. Soemarno graduated from the Technical University Aachen, Germany with a degree in Dr. Kusmuljono is an independent system researcher with various corporate experiences, mostly in Process Engineering in 1977. Since joining Pertamina in 1978, he has held various technical finance and banking. He graduated from Bandung Institute of Technology, Indonesia (1970) with and management positions in engineering, project management and marketing/trading in the a degree in chemical engineering. He has an MBA degree from University of Southern California, businesses of oil, gas/LNG and petrochemicals within the company. In 2003 he was appointed USA (1974) and Doctoral Degree on Environmental Studies from Bogor Agricultural University, as Managing Director/President of Pertamina Energy Trading Limited (Petral) and in 2004 was Indonesia (2007). He presented his doctoral research at international Society for System Sciences appointed as Corporate Senior Vice President for Marketing and Trading of Pertamina. (ISSS) Conference, Tokyo, Japan in 2007 and became a member ever since. He is founder of the Center of Policy Reform, Indonesia and Chairman of the National Committee for Indonesian Micro Finance Empowerment.
Asim Siddiqui Badlisyah Abdul Ghani Founding Trustee Executive Director & CEO City Circle, United Kingdom CIMB Islamic Banking Bhd., Malaysia
The City Circle (www.thecitycircle.com) is a network of professionals established in 1999 which Badlisyah is responsible for the overall Islamic banking and finance business of CIMB Group. runs educational and welfare projects and public events, providing an outlet for debate on issues Amongst his accomplishments are the introductions of the world’s first sukuk al ijarah, the world’s of concern for British Muslim communities and wider society. TIME Magazine placed Asim on first istisna’ sukuk and the world’s first Musyarakah ABS/RMBS. Euromoney named him one of its front page in 2008 as part of a cover story on “Europe’s Muslim Success Story”. Asim was “Global Top 20 Pioneers in Islamic Finance” and he was recently voted “Islamic Banker of the appointed to the Iraq Commission in 2007 and is an elected member of the International Institute Year” at the Islamic Business and Finance Awards, Dubai and by Islamic Finance News. Under his for Strategic Studies. He was also a member of the Prime Minister’s UK-Indonesia Islamic Advisory leadership, CIMB Group has been entrenched as the world’s largest issuer of sukuk, South East Group and has participated in the UK government outreach delegations to the Muslim world. Asia’s top Islamic fund/asset manager and Malaysia’s largest retail Islamic bank by branch network.
Attiya Nawazish Ali Betti Alisjahbana Assistant Secretary General Founder & CEO Islamic Chamber, Pakistan QB Creative, Indonesia
After joining in 1980, Attiya has been representing the Islamic Chamber at numerous meetings, The combination of her two decades experiences in IT and her passion in Architectural Design has including summits, ICFMs and the United Nations. She was the driving force behind strengthening been the key driver for Betti Alisjahbana to start her own business in the creative industry. Betti economic cooperation through networking among the private sector of the 57 OIC countries. Attiya was the CEO of PT IBM Indonesia for 8 years and was the first woman in IBM Indonesia and the coordinated the activities and programmes of the Islamic Chamber, advised OIC committees such as Asia Pacific region to hold the IBM Country General Manager position. Betti sits on the board of the Islamic Commission for Economic, Social and Cultural Affairs, Standing Committee for Economic trustees of the United States-Indonesia Society (USINDO) and recently been elected to sit in the & Commercial Cooperation of OIC Countries, Islamic Conference of Foreign Ministers (Economic Board of Trustees of the Bandung Institute of Technology. She holds a Bachelor of Architecture Committee), OIC Summit (Economic Committee) on the needs and issues of the private sector. from Bandung Institute of Technology. 28 5th World Islamic 5th World Islamic 29 Economic Forum Economic Forum
Role Players Role Players
Boediono, Dr. Ebrahim Patel Governor Chairman Bank of Indonesia, Indonesia Minara Chamber of Commerce & Industry, Republic of South Africa
Before holding his current position, Dr. Boediono was the Coordinating Minister for the Economy Ebrahim is the CEO of Magellan Investment Management, a company he founded in 1998, which (2005-2008) as well as Minister of Finance of the Republic of Indonesia (2001-2004). He received provides services to the private and public sector and has interests in property development, a Bachelor of Economics degree from the University of Western Australia, a Master of Economics mining, hotels and telecommunications. He is also member of the Steering Committee of Vision degree from Monash University, Australia and a Ph.D in economics from Wharton School, 2020, a Mentor in the Schools Entrepreneurship Program and producer of the popular “Business University of Pennsylvania, USA. He is currently holding a teaching post at the Faculty of Economy Sense” program on Radio Al-Ansaar. Mr Patel holds a Diploma in Datametrics, a Diploma in – Gadjah Mada University, Jogjakarta, Indonesia. Advanced Property Practice, a Diploma in Financial Management and a Diploma in Islamic Finance.
Christopher Graves Ekmeleddin Ihsanoglu President & CEO, Asia Pacific Secretary General Ogilvy Public Relations Worldwide, Hong Kong Organization of the Islamic Conference, Turkey
Graves was one of the founders of the Wall Street Journal Report, Vice President in charge of Prof. Dr. Ihsanoglu has pioneered activities relating to research, publishing, and organized News and Programming for CNBC Europe, Managing Director of Business Development for congresses in various fields, including history of arts and sciences, and intercultural relations. Wall Street Journal Online, and Managing Director of Far Eastern Economic Review magazine, He has channeled research findings towards creating awareness about Islamic culture across which won magazine of the year twice in Asia during his tenure. Awards include Asia Pacific PR the world. He has initiated and supervised reconstruction programs for the protection and Professional of the Year (2007), Asia Pacific Consultancy of the Year, an Emmy nomination and promotion of the written and the architectural heritage of Islamic civilization in various countries. more than a dozen awards from the New York Film and Television Award. He has contributed to scholarly debates on intercultural dialogues. He has earned recognition at intellectual circles as a leading contributor to rapprochement between cultures, particularly between the Muslim and Western worlds.
Deborah Leary, OBE Engür Rutkay Vice President Secretary General British Association of Women Entrepreneurs, United Kingdom Young Businessmen Association, Turkey
Deborah Leary, OBE is Founder and CEO of award winning Forensic Pathways Limited (FPL), based Mr. Rutkay holds Master Degree from GESCP, Paris, France. Doing Business Internationally, his at Tamworth in Staffordshire. FPL specializes in offering unique data analysis solutions in the area career and achievements are very significant. Since 2008 he is the Secretary General of Young of due diligence/risk, business and criminal intelligence and is internationally recognized for taking Businessmen Association of Turkey. Prior to that, he was Deputy General Manager, Overseas a lead in the development of forensic products/services. Deborah was awarded an O.B.E. in the Contracts Solaris of Foreign Trade, Inc., Istanbul from 2005 to 2008. Queen’s Birthday Honours List 2008. Other awards have included FCEM International Woman Entrepreneur of the Year 2007/8, European Woman of Achievement 2006 and British Female Inventor of the Year 2005.
Desi Anwar Erwin Aksa General Manager of Marketing and Business Development Chairman Metro TV, Indonesia HIPMI (Indonesian Young Entrepreneurs Association), Indonesia
Desi started out her TV journalism career when she helped found the newsroom as Executive Mr. Erwin Aksa graduated from University of Pittsburgh, Pennsylvania, USA. He is the Executive Producer, Anchor and Reporter for Indonesia’s first commercial TV channel RCTI in 1990. Having Director & Deputy VPD of PT Semen Bosowa Maros, Director of PT Bosowa Energy and President 17 years of experiences in broadcasting, Desi is also an active writer and regular columnist for high Director of Bosowa Corporation. Prior to that he was CEO of Bosowa Corporation. He is also quality news magazine Tempo and the English daily newspaper The Jakarta Post. She has won active as Board Member of PT Semen Bosowa Maros, PT Semen Batam, PT Bosowa Berlian Motor awards as best news anchor and is still nominated for the Panasonic Award these past few years. and PT Bosowa Mining. His interests are not limited to establishing private businesses, but also being actively involved in various organizations. He is currently the chairman of BPP HIPMI. 30 5th World Islamic 5th World Islamic 31 Economic Forum Economic Forum
Role Players Role Players
Essa Abdulla Al Ghurair Gita Wirjawan Vice President Co-Chairman Al-Ghurair Investments, United Arab Emirates Ancora Capital, Indonesia
Mr. Essa Abdulla Al Ghurair holds extensive experience in managing industrial assets and trading Mr. Wirjawan sits the Board of Telekom Malaysia International and also a Commissioner of of food grains in international markets. As the Chairman of the Industrial & Foods Division, he Excelcomindo. Previously, he worked with ST Telemedia (STT), where he was a Senior Vice oversees the business activities of this division. Al-Ghurair Foods Division also holds interests in President. During his career at STT, he helped lead the company’s investments in Indonesia, China the UAE, Algeria, Lebanon, Sri Lanka and Sudan. Mr. Essa Al Ghurair has been the main driver of and India. Mr. Wirjawan is currently the Chairman of PT Pertamina (Persero), Co-Founder and Al-Ghurair Investments to enter the energy sector and is now leading group’s plans to develop Co-Chairman of Ancora Capital as well as Chairman of Ancora International. Mr. Wirjawan has projects in energy, real estate and metallurgical sectors in the international markets. Masters degree in Public Administration at Harvard University, Kennedy School of Government, an MBA from Baylor University and a Bachelor’s degree in Accounting from University of Texas, Austin. He is a Certified Public Accountant and Chartered Financial Analyst.
Evelyn Mungai Graeme Sweeney, Dr. President Executive Vice President, Future Fuels & CO2 All-Africa Businesswomen’s Association, Kenya Royal Dutch Shell Group, The Netherlands
In the early 1970s, Evelyn Mungai established one of the first companies in Kenya to offer Dr. Graeme Sweeney joined the Royal Dutch Shell Group in 1976 in the Crude Oil Trading business recruitment services. She then established the Evelyn College of Design, which last year celebrated based in the UK. From 1979 he held various manufacturing positions in Shell Australia. Dr. Sweeney its 30th anniversary. She is the first woman member of the prestigious continent-wide organization has recently been elected as Chairman of the Advisory Council of the European Technology Platform of leading African businesspeople, the African Business Round Table (ABR). In 1993, she was of Zero Emission Fossil Fuels Power Plants (ETP-ZEP), and is also a member of the Gleneagles awarded the Lincoln University President’s Award for Excellence in Business and Finance. In 2006 Dialogue Project Steering Board and the UK Energy Research Partnership (UKERP). He chairs the the President of Kenya awarded her with the Order of the Grand Warrior (OGW), in recognition of Advisory Board of the UK Energy Research Centre (UKERC) and works in the context of Chairman her numerous and significant contributions to the country’s development. with DTI/DEFRA on the Near-Zero Emission Coal (NZEC) and the EU Coach programmes.
H.E. Fatima Hajaig Hans Jöhr Deputy Minister Corporate Head of Agriculture Department of Foreign Affairs, The Republic of South Africa Nestlé SA, Switzerland
Fatima Hajaig has been an ANC Member of Parliament since 1994. She is currently Chairperson of As Corporate Head of Agriculture at Nestlé SA, Mr Jöhr is responsible for providing technical and the portfolio committee on Foreign Affairs as well as subcommittee on International Affairs. She has strategic leadership in the groups’ worldwide agricultural raw material supply chain. Mr Jöhr has served as a member of the foreign affairs subcommittee on African Union and Related Matters as extensive experience based on several long-term international assignments and additionally has well as trade and industry committee since 1994. Hajaig is a former member of the ANCWL PEC in consulted in over 40 countries. He is the author of more than 30 publications in Brazilian and Gauteng, Vice-President of the Transvaal Indian Congress and member of the Transvaal Indian Youth international newspapers. Mr Jöhr has a formal education in agricultural economics, completed Congress and UDF. She has a BA degree from Wits, LLB from Eotvös Lorand University, a certificate in with a doctorate degree in economic science with complementary management programmes Macroeconomics from NIEP and Certificate in SMME Business Incubation from Shanghai. at INSEAD (l’Institut Européen d’Administration des Affaires, Fontainebleau, France) and IMD (International Institute for Management Development, Lausanne, Switzerland).
Fatma Mahfoudh Harbrinderjit Singh Dillon, Dr. Managing Director Independent Commissioner, Indonesia FM Magazine, United Arab Emirates
Fatma Mahfoudh has more than 14 years experience in the UAE in the field of marketing and An Indonesian citizen, Dr. Dillon is currently a member of the ITB (Bandung Institute of Technology) brand management; her experience ranges from change management to developing e-based Board of Trustees and has been a member of the Washington-based International Policy Council solutions for multi-national corporations through process re-engineering. On a personal role on Agriculture Food and Trade since 2005. He served as the Executive Director of the Partnership she set up and established a successful recruitment company and is currently the publisher and for Governance Reform in Indonesia (2003-2006), as the Head of the Coordinating Agency for editorial director of the first business-to-business quarterly magazine, focusing on the subject of Poverty Reduction (2001), as Executive Director of Center for Agriculture Policy Studies (1997- sustainability and life cycle costing, known as Facilities Management Magazine–GCC Edition (FM 2003). He was a member of the National Commission of Human Rights (1998-2002), and of Magazine–GCC Edition). She holds an MBA from Leicester University in 2003. the President’s Council in Economics namely the National Board of Economic (1999-2000). He is currently a Senior Governance Advisor to PT Freeport Indonesia since 2006. He earned his PhD in Agricultural Economics at Cornell University, New York in 1983. 32 5th World Islamic 5th World Islamic 33 Economic Forum Economic Forum
Role Players Role Players
H.E. Hassan Wirajuda, Dr. Imam Feisal Abdul Rauf Minister for Foreign Affairs Chairman The Republic of Indonesia Cordoba Initiative, Malaysia & United States of America
Hassan has a master’s degree in law from Harvard University and a JD in international law from Cordoba Initiative is an independent, non-partisan and multi-national that works with state and the University of Charlottesville, Virginia. He is one of the few ministers from the Megawati non-state actors to improve Muslim-West relations. In this capacity, Mr Abdul Rauf provides Soekarnoputri cabinet to have retained his post because his distinguished diplomatic career, his innovative solutions to those areas where conflict between Islamic and Western communities negotiating skills, as well as his proven leadership ability during Indonesia’s chairmanship of ASEAN. undermines local and global security. Because of his skillful approach to the complex intersection Hassan has held several important posts including Ambassador and Permanent Representative to of Islamic and Western viewpoints on difficult religious, cultural and political situations, he has the United Nations and other international organizations in Geneva (December 1998 - July 2000), received numerous requests for his expertise and advice. Starting in the Spring semester of 2009, Ambassador Extraordinary and Plenipotentiary to Egypt (October 1997 - December 1998), and he will be an Associate Professor of Islamic Studies at St. Joseph’s College’s Suffolk Campus in Director of International Organizations of the Department of Foreign Affairs (1993-1997). Patchogue, New York.
Herman Scheer, Dr. Iqbal Khan President Chief Executive Officer Eurosolar, Germany Fajr Capital, United Kingdom
Hermann Scheer is a Social Democrat member of the Parliament, President of Eurosolar (The Iqbal Khan is the Founding Board Member and CEO of Fajr Capital Ltd and Chairman of the European Association for Renewable Energy) and General Chairman of the World Council for Executive Committee and a board member of Jadwa Investment Bank in Saudi Arabia. Mr. Khan Renewable Energy. In 1999, Scheer was awarded the Right Livelihood Award for his “indefatigable is a board member of Brunei Islamic Development Bank. He is also a board member of Waqf work for the promotion of solar energy worldwide”. TIME Magazine recognised him in 2002 as Trust Services Ltd., Dubai. Mr. Khan was bestowed with the Euromoney award for Outstanding one of five “Heroes for the Green Century”. Contribution to Islamic Finance for 2006, was voted by the Islamic Finance News as the best individual Islamic Banker for 2005, and he was recognised by the United States House of Representatives in 2000 for his contribution to the field of finance and economics.
Ian Buchanan Sir Iqbal Sacranie Senior Advisor Chairman Booz Allen Hamilton Ltd, Australia MCB Charitable Foundation / Muslim Aid, United Kingdom
Ian is Senior Executive Adviser to, and former Regional Chairman of, Booz & Co, Chairman of Sir Iqbal Abdul Karim Mussain Sacranie, OBE served as General Secretary of the Muslim Council ANU’s Crawford School of Government, Chairman of AusPECC and the former Regional VP of of Britain (MCB) until June 2006. He was founding Secretary General of the Muslim Council of SRI International (Stanford Research Institute). Ian has an MBA from the Wharton School, an Britain and served further four years as Secretary General in 2002-2004 and 2004-2006. He MA in Chemistry/Quantum Chemistry from Magdalen College, Oxford and 36 years experience was appointed an Officer of the Order of the British Empire (OBE) in 1999 and a knighthood in throughout SE Asia and Australasia working as CEO, Independent Director and Strategic Advisor at the 2005 Queen’s Birthday Honours for “services to the Muslim community, to charities and to the most senior levels of business and government. Ian is also Director/Adviser to The Great Barrier community relations.” In March 2005 he was presented with the Life Time Achievement Award for Reef Foundation; CHAMP Private Equity; Insurance Australia Group; Rio Tinto Alcan; Indonesia’s community work presented by the World Memon Organisation in Bombay, India. ECGL and Malaysia’s ASLI
Ibrahim Fawaz Abdelnour Irman Gusman Deputy Director Investment Operations Department Vice Chairman Islamic Corporation for the Development of the Private Sector (ICD), Kingdom of Saudi Arabia The House of Regional Representatives, Republic of Indonesia
Irman Gusman holds the post of Vice Chairman for the House of Regional Representatives of the Republic of Indonesia (DPD RI), equivalent to senator role. Irman’s parliamentary career started as a Member of the People’s Consultative Assembly (MPR), representing the province of the West Sumatra (1999-2004). In 2002, he was elected as the Vice Chairman in the Regional Faction in the MPR. He uses his extensive experience in managerial and entrepreneurship areas to contribute in improving the Indonesian economy, accompanying the President in bilateral and international meetings, especially those concerning economic development. He also successfully launched the Indonesian Regional Investment Forum (IRIF) initiative. 34 5th World Islamic 5th World Islamic 35 Economic Forum Economic Forum
Role Players Role Players
H.E. Isaac Musumba H.E. Sheik Jassim bin Hamad Jassim bin Jaber Al-Thani Minister for Foreign Affairs Chairman The Republic of Uganda Qatar Islamic Bank, Qatar
Sheikh Jassim is the Chairman on the Board of Directors of Qatar Islamic Bank, the fifth largest Islamic Bank in the world. Sheikh Jassim completed his studies in the State of Qatar and graduated as officer cadet from the Royal Military Academy Sandhurst, UK. During the tenure of Sheikh Jassim as Chairman, QIB has won the Best Real Estate Finance House and Most Improved Bank Euromoney 2008 Award for meritorious and distinguished performance, and also Distinguished Middle East Award for Best Marketing and Advertising Campaign and Best Re- Branding of an Islamic Bank in 2007.
Jamelah Jamaluddin H.E. Jero Wacik Managing Director Minister of Culture and Tourism RHB Islamic Bank Berhad, Malaysia The Republic of Indonesia
Jamelah Jamaluddin is also Head of Islamic Investment Banking Group at the Islamic bank. Her Before his appointment as Minister of Culture and Tourism, Mr Wacik was a successful career in banking began 20 years ago when she joined Bumiputra Merchant Bankers Bhd as an entrepreneur in the tourism and craft industries, owning three companies that deal in hotel Officer of Corporate Banking. She also served as Assistant General Manager of Project Finance at management and textile manufacturing. He holds a bachelor’s degree from the prestigious Sime Bank and Head of Risk Management at Perwira Affin Merchant Bankers Bhd. She later joined Institute of Technology Bandung and another degree in economics from the University of Macquarie Malaysia Sdn Bhd as its Division Director of Investment Banking Group as well as its Indonesia. He is also a lecturer at the Faculty of Economy – University of Indonesia, Jakarta, and Country Head. Jamelah joined RHB Sakura in 2004 where she served as the merchant bank’s COO has written several books on entrepreneurship. until she left in 2005 to assume her position in KFH.
James Mwangi, Dr. Joachim von Braun Chief Executive Officer & Managing Director Director General Equity Bank of Kenya, Kenya International Food Policy Research Institute, United States of America
Prior to his current role, Dr. Mwangi served as Equity Bank of Kenya’s finance and strategy director Joachim von Braun guides and oversees the International Food Policy Research Institute’s (IFPRI) for 12 years. His involvement in microfinance has been recognized through accolades and awards efforts to provide research-based sustainable solutions for ending hunger and malnutrition. both globally and locally. He has served on the UN Advisory Group on Inclusive Financial Systems Under his leadership, IFPRI has continued to grow in food policy related strategy and governance, since April 2006. In 2007, he was appointed advisor to the United Nations Environmental Program technology policy, markets, and health nutrition policy, and has significantly expanded its teams on Commercialization of Microfinance in Africa. He served on the eight-member global roundtable based in Africa, Asia, and Latin America in response to research challenges and partners’ needs. team that discussed the role that the Bill & Melinda Gates Foundation is playing in microfinance. In He has published research on international development economics topics, including science and June 2007, Dr. Mwangi received the 2007 Global Vision Award in microfinance. technology; on policy issues relating to trade and aid, famine, health, and nutrition; and on a wide range of agricultural economics research issues.
James T. Riady, Dr. Karen Agustiawan Chief Executive Officer President & CEO Lippo Group, Indonesia PT Pertamina (Persero), Indonesia
Dr. Riady is a graduate of the University of Melbourne and has a distinguished life in business, Joined Pertamina, the national oil & gas company of Indonesia, in 2006 as Expert Staff to the public & social service. Born in Jakarta, on 7 January 1957, he founded and chairs the Pelita CEO for Upstream Businesses. In March 2008, was appointed as Corporate Senior Vice President, Harapan Educational Foundation, overseeing Indonesia’s largest and leading private Christian Upstream. Assumed current position as President and CEO as of February 5, 2009. She has held university and school systems. He had been Indonesia’s Ambassador and Special Envoy of various technical and managerial positions in upstream area within Mobil Oil Indonesia, Mobil Oil Indonesia’s President as well as a member of the People’s Consultative Assembly (MPR), Indonesia’s Dallas USA, CGG Petrosystems Indonesia, Landmark Concurrent Solusi Indonesia and Halliburton highest institution. Currently, he is Deputy Chairman of the Indonesian General Chamber of Indonesia. Graduated from Bandung Institute of Technology, Bandung, West Java, Indonesia, with Commerce and Industry (Kadin Indonesia). a degree in Physics Engineering in 1983. 36 5th World Islamic 5th World Islamic 37 Economic Forum Economic Forum
Role Players Role Players
M. Abdelbasset Zitouni Mary Schnack National Director International President Young Entrepreneurs of France, France National Association of Women Business Owners, United States of America
As director of the Young Entrepreneurs of France, Zitaoni gives guidance for young people Schnack is a public relations consultant and crisis communications expert. She has helped small of France who want to realize their entrepreneurial skills and dreams. Up until now, he has businesses, associations and corporations with a variety of public relations needs and speaks on help helped more than 80 young French entrepreneurs in setting up their own company. M communications and business topics throughout the world. Owner of Communication Bridges, Abdelbasset Zitouni is also a director and co-founder of the Association of the Young Contractors Inc., Schnack is a specialist in communications for almost 30 years, Mary Schnack is an award of France (JEF) since 2002. winning writer, business owner and public relations practitioner. In 2008 she was recognized by The International Alliance for Women (TIAW). She also was awarded Advertising Working Mother of the Year Trailblazer Award and the Member of the Year for Women Impacting Public Policy in 2008.
Madhu Koneru H.E. Matia Chowdhury Managing Director Minister of Agriculture Ras al-Khaimah Minerals & Metals Investments, United Arab Emirates Republic of Bangladesh
Mr Koneru has transformed RAK Minerals and Metals Investments into a conglomerate with an Her Excellency Matia Chowdury has been a prominent Bangladeshi politician and is a presidium asset base exceeding US$4 billion in a little over three years, building a solid reputation for RMMI member of Bangladesh Awami League, a major political party. She was also a Member of as leading player in the metals and minerals industry. He is responsible for the expansion of RMMI Parliament and a cabinet member under the prime ministership of Sheikh Hasina. in Indonesia, the Democratic Republic of Congo, Armenia, Australia and Thailand. Madhu is a member of the Board of Directors of Al Ghanem Industrial Company Kuwait, TJ Shipping and Logistics, and Padaeng Industries PLC. He is highly respected for his role in bilateral initiatives between the Governments of Dubai and Ras Al Khaimah with India.
Mahmoud Abushamma H.E. Sheik Mazen Mohammed Batterjee Senior Vice President and Head Vice Chairman HSBC Amanah Syariah, Indonesia Jeddah Chamber of Commerce and Industry, Kingdom of Saudi Arabia
Since 2003 Mahmoud has developed the Islamic banking unit of HSBC in Indonesia, overseeing all His Excellency Sheik Mazen Mohammed Batterjee is a leading Saudi industrialist and dynamic areas of corporate, institutional, and retail Islamic banking, and arranging pioneering international businessman. Aside from being the Managing Partner in many business enterprises, His Excellency Islamic financing transactions for the country. Prior to this he was Senior Manager at HSBC is actively involved in many commercial, social, educational and welfare organizations and societies Amanah at HSBC Investment Bank in London (1998-2003) and Senior Associate at ANZ Investment both in Saudi Arabia and other Arab countries. He has traveled worldwide and participated in Bank in London (1996-1998). Mahmoud is Vice Chairman of ASBISINDO (Indonesian Islamic Banks many important delegations of council of Chamber of Commerce and Industrial Conferences. He Association). He obtained his MBA in Finance from Manchester Business School (1995) and holds a is currently a Board Member of Makkah Council and has received the Honorary Award- Honorary Bachelor of Engineering degree from King’s College in London (1992). Consul for Belarus in Saudi Arabia.
H.E. Mari Elka Pangestu Michael P. Lee Minister of Trade CEO & Member of the Board The Republic of Indonesia Ithmaar Bank, B.S.C., Kingdom of Bahrain
Prior to becoming the Minister of Trade, Mrs Pangestu was active for a long time in various trade Prior to joining Ithmaar, he was Deputy Chairman and Managing Director of Emerging Markets forums such as PECC and has been one of the foremost economics experts in Indonesia. She Partnership (Bahrain) BSC(c), the general partner and manager of the $730.5 million Islamic Development was an instructor in the Faculty of Economics in the University of Indonesia. As an economist, Bank (IDB) Infrastructure Fund. This successful regional private equity fund was co-founded by IDB, DMI she is widely published in the Indonesian and international media. She serves on the Board of and EMP. Mr. Lee became a senior adviser at Bahrain’s Ministry of Finance & National Economy, providing External Editors of the Asian Journal of Business (University of Michigan) and Bulletin of Indonesian inter alliance strategic advice on the development and regulation of the Bahrain International Financial Economic Studies (Australian National University). She is also the co-coordinator of the Task Force Centre and on investments. He has now lived in Bahrain for 16 years. Mr. Lee holds an MA (Honours) on Poverty and Development for the United Nations Millennium Project. degree in Philosophy, Politics and Economics from the University of Oxford. 38 5th World Islamic 5th World Islamic 39 Economic Forum Economic Forum
Role Players Role Players
Datuk Mohamed Al Amin bin H. Abdul Majid Mohamad Faiz Azmi Chairman Partner & Global Islamic Leader Small and Medium Enterprises Central Coordinating Agency, Malaysia PricewaterhouseCoopers, Malaysia
The Small and Medium Industries Development Corporation (SMIDEC) is an important agency Faiz is currently the financial leader for SEAPEN, a SE Asia grouping of firms from Vietnam, in the development and enhancement of small and medium enterprises in Malaysia. Datuk Cambodia, Laos, Thailand to Malaysia. He is also the global leader of PwC’s Global Islamic Mohamed has been active in both political and community work since his early days. He was Finance Team practice. Acts as a trainer on his firm’s banking and securities courses, including UMNO Youth Chief of Perak, UMNO Youth Divisional Head of Pasir Pinji, Perak and National Umno Islamic Finance. He is also a Partner in the Financial Instruments & Treasury, a unit specializing in Youth Exco Member during his active years in politics. Datuk Mohamed is qualified with a Diploma offering advice on risk management and accounting matters, particularly on special products and in Technology from Oxford College of Further Education and also holds a degree in Bachelor of transactions. Faiz’s advisory project have included deal advisory project on strategy, bank mergers, Science in Civil Engineering from University of Aston, Birmingham, United Kingdom. merger integration work, forensic investigations, reviewing security processes and structured product accounting.
Datuk Mohamed Azahari Kamil Muhammad Lutfi Chief Executive Officer Chairman Asian Finance Bank, Kingdom of Bahrain Investment Coordinating Board, Republic of Indonesia
Datuk Mohamed started his career with the Malaysian French Bank in 1984 as a Credit and Mr. Lutfi previously held the post of Chairman, President and Chief Executive Officer of Mahaka Marketing Officer, after which he joined Malaysian Industrial Development Finance Berhad in Group since 1994. Under his helm, he led the Group’s ventures from industry, trade to media 1985 as a Project Officer. In September 2005, Amanah Raya Berhad acquired 70% of JMF-Asset with Republika, a local daily newspaper along with other publications and broadcast. He was the Management and Datuk Mohamed Azahari was appointed Managing Director of the newly- Chairman of Indonesia Young Entrepreneur Organization Jakarta Region (HIPMI-JAYA) in 1998, formed entity AmanahRaya-JMF Asset Management Sdn. Bhd. In June, 2008, Datuk Mohamed where he supported small and medium-sized businesses and entrepreneurs. He rose to become Azahari took on the role of Managing Director and Chief Executive Officer of AmanahRaya HIPMI’s Chairman in 2001. Mr. Lutfi was educated in the USA at Maur Hill Prep School and Purdue Investment Bank Ltd, Labuan. University.
Lord Mohamed Iltaf Sheikh Mukhtar Hussain House of Lords, United Kingdom Global Chief Executive Officer HSBC Amanah, United Kingdom
Baron Sheikh is chairman and executive of Camberford Law, a firm established in 1958 providing Mr. Hussain has a 26-year career in financial services, encompassing a wide spectrum of roles with insurance broking and underwriting services. He was made a life peer in 2006, and sits on the HSBC both in the region and globally. He was at the forefront of discussions with The Saudi British Conservative benches in the House of Lords. Over a period of three years Camberford Law plc Bank which lead to the establishment of the first joint venture Investment Banking unit (HSBC were the winners, or highly recommended, on 13 insurance awards. His firm has developed a Saudi Arabia Limited) in the Kingdom of Saudi Arabia. He remains a Director of this unit to-date. niche insurance expertise in private security. For a period of 12 years Baron Sheikh was a visiting In May 2008 Mukhtar takes on the role of Global CEO of HSBC Amanah (Middle East), HSBC’s lecturer at various colleges and polytechnics. He has also written educational material. Islamic financial services business and was simultaneously appointed to be Head of Global Banking and Markets in the MENA region returned.
H.E. Mohamed Rasheed Mumtaz Khan Minister of Economic Development Founder and Chief Executive Officer Republic of Maldives Middle East & Asia Capital Partners Pte Ldt, Singapore
Mr. Khan founded Middle East & Asia Capital Partners (MEACP), a private equity platform, connecting the Middle East and Asia, and initiated the US$ 400 million Clean Energy Fund as its first project. MEACP Clean Energy Fund is the largest amongst the five funds that were selected by the Asian Development Bank. Prior to this he was Chairman & CEO Emerging Markets Partnership (EMP), Bahrain. Played a key role in the bringing to fruition the idea of the first Islamic bank in Singapore. He is also the one advising the Islamic Development Bank for the establishment of a US$ 10 billion fund of funds platform. 40 5th World Islamic 5th World Islamic 41 Economic Forum Economic Forum
Role Players Role Players
Nadia Zaal Hon. Baroness Pauline Neville Jones Chief Executive Officer Shadow Security Minister & National Security Adviser Zaya LLC, United Arab Emirates House of Lords, United Kingdom
Nadia Zaal steers the direction of Zaya, sits on its board, and oversees all aspects of the company Pauline Neville-Jones has been a Conservative peer in the British House of Lords since October through the executive team. Zaal was the driving force behind the US$2 billion Al Barari project, 2007. In the Opposition Shadow Cabinet she holds the post of Shadow Minister for Security the first Dubai-based mixed-use development to target the premium segment of the real estate and is also National Security Adviser to David Cameron, the Leader of the Opposition. She was market. She has extensive experience in project development, structuring and funding in the Chairman of the Information Assurance Advisory Council (IAAC) (2004-2007) and Chairman of GCC’s energy sector, having led one of the region’s largest IPOs for the Abu Dhabi National Energy QinetiQ Group plc (2002-2005), a publicly quoted defense technology company with government Company. She also sat on the board of Taweelah Asia Power Company, which closed the largest customers in the UK and US, as well as the International Governor of the BBC (1998-2004) with energy financing deal in the Gulf. responsibility for external broadcasting, notably the BBC World Service (radio and online) and BBC World (television).
Dato’ Sri Nazir Razak Rabia Zargarpur Chairman Winner WIEF Young Leaders Network, Malaysia British Council’s International Young Fashion Entrepreneur Award 2008, United Arab Emirates
Nazir became CEO of the CIMB Group in 1999. Since then, the group has won many prestigious Elegance, a quest for perfection, impeccable finish and finesse of form is the catalyst behind accolades, including Best Investment Bank (Malaysia) by FinanceAsia and Euromoney and Best Rabia’s creativity. But her dream is to create solutions and styles that are trendy yet in tandem Islamic Bank in Asia by Euromoney. FinanceAsia named Nazir as one of Asia’s 50 most influential with her rich Emirati-Afghani traditions. Her debut collection at the Dubai International Fashion figures of the last decade (1996-2006) while Asiamoney listed him as one of the top 100 most Week, October 2007, earned her critical acclaim. She was also named winner of the Emerging powerful and influential people in business and finance in the Asia-Pacific region for 2006 and Talent Competition. She won MED region’s International Young Fashion Entrepreneur of the Year 2007. In 2008, Institutional Investor ranked Nazir second in its Asia’s Best CEO (Bank) survey. 2008 by the British Council. Her Rabia Z label is synonymous with style in the Middle East fashion industry, capturing the heart and minds of the younger audiences worldwide.
Dato’ Norraesah Mohamad, Dr H.E. Rachid Mohamed Rachid Chairman Minister of Foreign Trade and Industry WIEF Businesswomen Network, Malaysia Arab Republic of Egypt
Dr Mohamad has over 37 years of working experience in the field of banking, investment His Excellency Rachid Mohamed Rachid has been involved in the Egyptian private sector for more consultancy and international trade and commerce. She is a recipient of several state awards and than 27 years. He believes that the merging of the ministries of foreign trade and industry will was conferred the Chevalier de La Legion d’Honneur from the French Government in 2004. She bring new focus to Egypt’s bid to boost exports to Europe, Africa, the rest of the Middle East and sits on several taskforces/committees on economics, education and entrepreneurship of the party, even Asia. Heavyweight combatant himself as a business owner, consultant and, most recently, as NGOs and those constituted by the Government. She is also a known motivational speaker. Her the head of Unilever Egypt, Middle East, North Africa and Turkey. other professional affiliations include OECD Centre for Development, Paris (1982) and a consultant for UNCTAD on Malaysia’s Trade Relations with Socialist Countries of Eastern Europe (1979).
Olive Z. Kigongo Rafe Haneef Chairman Managing Director National Chamber of Commerce & Industry, Republic of Uganda Fajr Capital, Dubai – United Arab Emirates
Ms. Kigongo is listed as member of the East African Business Council, Union of African Chambers Mr Haneef was previously the Head of Islamic Banking for Citigroup Asia based in Kuala Lumpur. He of Commerce and Industry, Agriculture and Professions as well as the World Islamic Economic was responsible for developing Malaysia as a regional Islamic finance hub for Citigroup and spread its Forum (IAP). As a businesswoman, Ms. Kigongo is the owner/director on several companies, Islamic business footprint across the region. He lead the first global sukuk offering for the Government of including the Mosa Court Apartments and Global Village Investment-Real Estate, operating in Malaysia in 2002. Mr Haneef read law and Shariah at the International Islamic University in Malaysia. He Uganda, Rwanda, Kenya and Ireland. She holds a BA in Interior Design and Diploma in Hotel was admitted to the Malaysian Bar and was practicing law in Malaysia specialising in Islamic finance. He Management. then pursued his Master of Laws at Harvard Law School and subsequently qualified to the New York Bar. 42 5th World Islamic 5th World Islamic 43 Economic Forum Economic Forum
Role Players Role Players
Rina Fahmi Idris Sandiaga Salahuddin Uno Chairwoman CEO of Saratoga Capital & Vice President for Small and Medium Enterprises and Cooperatives Indonesian Businesswoman Association, Indonesia Indonesian Chamber of Commerce and Industry, Indonesia
Rina Fahmi Idris graduated from Regent Academy of Fine Art Interior Design, London. She is Mr. Uno is the CEO of Saratoga Capital, a private equity/direct investment firm he co-founded in active in promoting women’s role in in the development of small and medium entrepreneurship, 1998. He currently holds directorships at PT Adaro Indonesia (coal mine), PT Indonesia Bulk Terminal while managing her own security and environmental waste management company. She is one (coal terminal), PT Mitra Global Telekomunikasi Indonesia (telecom operator) and Interra Resources of the SME’s Head of Committee at Indonesian Chamber of Commerce & Industry (KADIN). Her Limited (oil & gas). He also serves as President Commissioner of PT Recapital Advisors, an investment role in these organizations has inspired Indonesian women and young generations to be more bank he co-founded in 1997 with Rosan Perkasa. Since January 2009 he serves as Vice President independent and creative. for Small and Medium Enterprises and Cooperatives of the Indonesian Chamber of Commerce and Industry (KADIN). He has been nominated as the 2008 Entrepreneur of the year by Enterprise Asia.
Roland Jansen H.E. Shaikha Al Maskari, Dr. President Chairperson Mother Earth Plantations, Switzerland Al Maskari Holdings, United Arab Emirates
Mother Earth Plantations Pte. Ltd. has contracted over 1 million hectares land in West Timor Dr. Maskari stepped in as the Chairperson of Tricon Energy Operations in 1989 and immediately (Indonesia) for jatropha and eucalyptus plantations to produce biodiesel, biokerosine and engineered growth momentum for the then 21-year old family enterprise through diversification, cellulosic ethanol. Its Indonesian subsidiary, PT Buana Ibunda, maintains two offices in West Timor. international expansion and strong partnerships. Within ten years the Tricon Group of companies The company practises “socially responsible investing” and improves the lives of the farmers with emerged with operations in the GCC States, USA, Europe and Asia and with over twenty intercropping and educational programmes. Mr Jansen is the author of “Profits from Natural companies engaged in a wide range of activities from general contracting, facilities management, Resources” (1998), where he forecasted correctly the end of the commodity bear markets and the security, education, healthcare, food services, to MICE. She is the chairperson of the Al Maskari star of a new supercycle upwards. Holding which was established in 2008 as the holding company for all her family enterprises.
Tengku Rozidar binti Tengku Zainol Abidin Shakir Moin Chief Executive Officer Director, Sparkling Brand Portfolio Nineteen O One Sdn Bhd, Malaysia The Coca Cola Company, Hong Kong
Tengku Rozidar is the Chief Executive Officer of Nineteen O One Sdn Bhd, the co-owner of the Shakir manages overall strategy and execution for the Coca-Cola Company’s sparkling brand rights for the 1901™ hot dog franchise. Tengku Rozidar has had the opportunity to work in portfolio for 17 countries, from Japan & China to Australia-New Zealand. Before his current different enriching environments. Such experiences include being a broadcast journalist and news assignment, Shakir was the General Manager for Coca-Cola Singapore, Malaysia and Brunei. presenter with TV3 and RTM, a project coordinator with Berjaya Group Bhd, and a tutor in the Shakir started his career in Pakistan with The Gillette Company and joined Coca-Cola in 1996. Faculty of Education at Universiti Kebangsaan Malaysia. With her vast experience and exposure, Under his leadership, Shakir’s team has won the coveted Coca-Cola Worldwide Marketing Tengku Rozidar’s personal ambition includes helping young Malaysians grow and develop their full Excellence Award twice. Shakir is a regular participant in WIEF, including the inaugural session in potential in line with achieving the nation’s aim of being a developed nation by 2020. Kuala Lumpur as well as the 2nd session in Islamabad.
Dato’ Sabri Ahmad Tjut Sjahnaz Zahirsjah Rijadi Chairman Managing Partner Malaysian Palm Oil Board, Malaysia Sjahnaz Noerdin Sarilukita, Indonesia
Dato’ Sabri holds a Master of Science in Agricultural Economics from the University of London, has Sjahnaz started her career as a presenter on Prambors radio in 1982. Her career history ranges from an Advanced Diploma in International Studies from the University of Rhode Island and attended broadcasting to banking, the latest as Division Head of Privilege Banking (Vice President) at Bank Nusa, the Advanced Diploma Management Programme at Oxford University. In January 2007, Dato’ Sabri and in 2005 as Managing Partner of SNS Law firm. She holds a Magister degree from Magistrate Ahmad was appointed as chairman of the Malaysian Palm Oil Board. He has also been serving as Programme in Business Law, Faculty of Law, University of Indonesia. In 2009, Sjahnaz becomes one of Plantations Integration Advisor of Sime Darby Berhad since November 2007. Prior to that, he was the Indonesian legislative candidates from Golkar party. the Group Chief Executive of Golden Hope Plantations Berhad. 44 5th World Islamic 5th World Islamic 45 Economic Forum Economic Forum
Role Players Role Players
H.E. Sofyan A. Djalil, Ph.D Titus K.B. Mbathi E.G.H. Minister for State-owned Enterprises Chairman The Republic of Indonesia Kenya Electricity Generating Company, Kenya
After successfuly serving as Minister for Communication and Information Technology under Mr. Mbathi serves as Non-Executive Chairman of the Board of Directors of Kenya Electricity President Yudhoyono’s administration, Sofyan A. Djalil was appointed Minister of State-owned Generating Company. He has previously been Minister for Labor, Permanent Secretary in various Enterprises in 2007. Since then he has implemented significant structural reforms to empower ministries, and served on several Boards. He is Member of the Board of Directors of Athi River state-owned enterprises. In doing so, he benefits from his vast experience as corporate consultant, Mining and Platinum Credit Limited. He holds a Bachelor of Arts degree in Economics from the researcher, as well as corporate board member. He manages policy to reform state-owned University of Madras, India and a Master of Arts degree in Economics from New York University, enterprises, to ensure their values can be added to Indonesia’s economy, mainly through significant the United States. governance improvements to reduce costs of bureaucracy.
H.E. Sri Mulyani Indrawati H.E. Turganov Duisenbai Minister of Finance & Acting Coordinating Minister for Economic Affairs Deputy Minister of Energy & Mineral Resources The Republic of Indonesia Republic of Kazakhstan Mulyani received her doctorate in economics from the University of Illinois at Urbana-Champaign. She is an executive director of the International Monetary Fund, representing 12 economies in Southeast Asia. In 2001, Mulyani left for Atlanta, United States, to serve as a consultant with the U.S. Aid Agency (USAID) for programs to strengthen Indonesia’s autonomy. She lectured on the Indonesian economy at Georgia University. As of August 2008, Mulyani is ranked as the 23rd most powerful woman in the world and the strongest in Indonesia.
Tanri Abeng, MBA Winny E. Hassan Chairman Director PT Telkom Indonesia, Indonesia Bank DKI, Indonesia
Mr. Abeng has had an illustrious career spanning decades in both the private and public sector, in Started her career in 1974 as a receptionist/service assistant/customer service at Bank Niaga Indonesia and the region. He has authored several books expressing his views on the state of the Surabaya. Prior to becoming a Director of Bank DKI, she has led several top Banks in Indonesia economy and business practices in Indonesia today and has an intense desire to use his years of such as Bank Niaga and Bank Bumiputera. Combined her experiences in banking with wide range experience to help mould the next generation of Indonesian economic leaders. Mr. Abeng holds an of education from Advance Banking Management Program di Asian Institute of Management MBA from the State University of New York (1969). Next to top executive positions in the private Manila to Executive Risk Management Program (Certified Risk Manager level 5) in Amsterdam, sector, Mr. Abeng has held various positions with governmental and non-governmental civic and Certified Wealth Manager University of Greenwich United Kingdom. She now leads bank DKI organizations, most notably as State Minister for State Owned Enterprises of Republic of Indonesia. and giving a significant contribution to Bank DKI with 12-billion worth of asset.
Tarek Fatah Yuslam Fauzi Founder President Director Muslim Canadian Congress, Canada Bank Syariah Mandiri, Indonesia Mr. Fatah is graduated with a degree in biochemistry from the University of Karachi, entered journalism as a reporter for the Karachi Sun in 1970, and was an investigative journalist for Pakistani Television. He is the author of “Chasing a Mirage: The Tragic Illusion of an Islamic State”. In the book Fatah challenges the notion that the establishment of an Islamic state is a necessary prerequisite to entering the state of Islam. He suggests that the idea of an Islamic state is merely a mirage that Muslims have been made to chase for over a millennium. He is the founder of the Muslim Canadian Congress in 2001. 46 5th World Islamic 5th World Islamic 47 Economic Forum Economic Forum
Sponsors & Partners Sponsors & Partners
“Building on Strong Foundations to become a World Class Business” Bank Muamalat Indonesia, first purely sharia Deriving from a pure source, sharing the genuine gain Bank Pertamina is committed to becoming a fully fledged business entity rather than a state institution. The positive and entrepreneurial spirit instilled in Pertamina since will support our transformation into a Muamalat is the first Islamic bank in Indonesia. With an equity capital derived from 800,000 competitive national oil company with balanced upstream and downstream activities. shareholders among Moslem Indonesian as well as the international Islamic communities - through the Islamic Development Bank (IDB) of Jeddah - Bank Muamalat has been creating itself as the fi Pertamina is working actively to increase upstream investment and move away from our historic rst purely sharia bank in capital source and management. Bank Muamalat products and services reliance on downstream activities. However, our downstream activities continue to be upgraded, in are based on the tenets of sharia as our commitment: Deriving from a Pure Source, Sharing the order to continue our strong tradition of customer service and support. Genuine Gain. These funding, fi nancing products and services are developed along principles of sharia and the concept of productive utilization of capital. Supported by high integrity, sincere and Our reform program, to increase competitiveness and efficiency, is well under way. Further competent Muamalat Crew, and a service network throughout Indonesia and overseas utilizing liberalization in the Indonesian upstream and downstream sectors reflects broader changes in the modern information technology systems, Bank Muamalat provides its customers everywhere with easy entire national economy. Pertamina’s transformation is an important element of this. Above all, access to a wide variety of purely sharia financial products and services. With the First Purely Sharia Pertamina is aiming to become a true partner for international and national oil companies. credo, Bank Muamalat became an Islamic institution which is engaged and dedicated to serve Islamic banking and fi nancial needs, and not merely being a bank that sells sharia banking products. Although the change in Pertamina’s mindset has been most visible to consumers in its downstream activities, significant changes are well underway in the upstream segment. While investing more Outstanding Performance & The Most Profitable Islamic Bank in Indonesia resources in the exploration and production of hydrocarbons, we are also striving to partner with leading foreign and local companies to optimize Indonesia’s vast existing reserves. Good corporate governance, together with responsible and sustainable management, is the focus of Pertamina’s new way of doing business.
While new acreages are being pursued, we are investing in new and better technology to improve our overall results. Pertamina is actively seeking to form mutually beneficial partnerships, creating win-win solutions that optimize results and develop the capabilities and skills of Pertamina employees.
To support Indonesia’s national development, Pertamina is committed to improving its operational performance and to build a corporate culture that is clean, confident, customer focused, and competitive. We believe that only by following this path will we become the world-class national oil and gas company that Indonesia deserves.
PERTAMINA CONTACT CENTER Phone: +62-21-7917-3000 SMS: +62-21-711-3000 Fax: +62-21-797-2177 E-mail: [email protected] www.pertamina.com 48 5th World Islamic 5th World Islamic 49 Economic Forum Economic Forum
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RAK Minerals & Metals Investments (RMMI) was established in 2005 as a joint venture with the Ras PT Telekomunikasi Indonesia, Tbk. (TELKOM) is a telecommunications operator that provides Al Khaimah Investment Authority (RAKIA) and the Trimex Group. RMMI’s mandate is to extend Ras Al information and telecommunications (infocomm) services, with the largest and broadest network Khaimah’s long-term investment strategy in minerals and metals. in Indonesia. As the only state-owned company in its industry, TELKOM sets the trend and holds a dominant share of the telecommunications market in the country, marked among other things by the RMMI’s mission is to become a leading mining solutions provider in the metals and minerals industry growth of its services that include the fixed wireless access Flexi, broadband access Speedy and fixed through strategic, long-term investments across the entire mining value chain - from geological wireline telephone, as well as several other services provided by subsidiary companies such as mobile exploration, mining and processing to trading and logistics. cellular through Telkomsel, the pay-TV TELKOMVision through PT Indonusa Telemedia. These services enable the public to forge business relations, maintain kinship, and disseminate information for the The company is backed by the extensive experience of both RAKIA and Trimex. RAKIA’s mandate is to good of all. underpin the investment attractiveness of Ras Al Khaimah, United Arab Emirates, which has a long history in mining and has produced about 100 million tonnes per year of limestone and aggregate in TELKOM strives continuously to create superior value for its stakeholders. To date, the shares of the last 30 years. With 25 years of experience in the business, Trimex specialises in mining, research TELKOM are owned by the government of Indonesia (51.2%) and public shareholders (48.8%), and and development, processing, shipping, logistics and marketing. Trimex benefits from its extensive are listed on the Indonesia Stock Exchange, New York Stock Exchange, London Stock Exchange, as regional experience and global reach – shipping close to four million tonnes of various cargoes all over well as traded on the Tokyo Stock Exchange without listing. the world. As a company that is perceived as the best corporate model in Indonesia, TELKOM draws on the Although still a relatively young company, RMMI has emerged as a highly successful investment arm experience of more than 152 years since the first telecommunications service was launched through of RAKIA and is now a full-fledged Middle East mining company, currently managing 23 licenses in the telegraph link of Batavia-Boitonzorg on 23 October 1856. Today, with its fast expanding Indonesia, Congo and Armenia and with additional investments in Australia and Thailand. RMMI businesses and lines of service, TELKOM has evolved into the TELKOMGroup synergy, a new force that invested approximately US$1 billion during 2008, building an asset base exceeding US$4 billion. continues to grow and strengthen TELKOM’s overall business.
RMMI’s strategic focus is on the investment in, and development and operation of mining businesses As the mainstay infocomm services provider of an archipelagic nation, TELKOM owns and operates to rapidly generate growth across minerals and metals investments. With an emphasis on the long- a backbone network of fiber-optic terrestrial cable, fiber-optic submarine cable and microwave term, RMMI adheres to an investment matrix of metals, minerals and energy, targeting mid-sized transmission systems that link and unite islands, cities and the far reaches of the country in an companies and independent mine owners who represent one of the fastest growing segments in the integrated telecommunications platform. industry. Extending this integration further, TELKOM has communication satellite systems, the TELKOM-1 and Organisations RMMI invests in benefit from the expertise of RMMI’s professional team, the company’s TELKOM-2 in their respective orbits. These satellites not only cover the entire breadth of Indonesia, but global experience in mine development and operations, and its local competence, all guided by a their footprints extend all the way to the Indian subcontinent, parts of East Asia and Australia. business strategy that assures mutual growth. As an integral part of society, TELKOM is highly committed in implementing corporate social As an involved, long-term investor of high ethical standards, the company is committed to sharing the responsibility (CSR) programs as an integral part of TELKOM’s business strategy. Our philosophy benefits with mine owners and mining communities in an enduring partnership that has transformed a on CSR is that it should not merely serve as a way for companies to undertake charities and social commodities business into a relationship business. donations, but also to provide the means for communities to undertake long-term sustainable development through learning and empowerment. 50 5th World Islamic 5th World Islamic 51 Economic Forum Economic Forum
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Bank Mandiri was formed on 2 October 1998, as part of the government of Indonesia’s bank BRI Syariah Ready To Serve Ummah restructuring program. Bank Mandiri is the largest bank in Indonesia. Bank Mandiri offers PT Bank Rakyat Indonesia (BRI) Tbk., was eagerly ready to enter sharia banking industry. It’s intention a comprehensive range of financial solutions to private and state-owned large and medium is proven by establishing a first syariah commercial bank in Indonesia as a final result of BRI Syariah corporations, small and micro businesses as well as retail consumers. Unit’ spin off process and which will sequence with other existing member of syariah commercial bank in Indonesia namely Bank Muamalat, Bank Syariah Mandiri (BSM) and Bank Syariah Mega Indonesia In the highly competitive industry, Bank Mandiri has committed to delivering excellence in banking (BSMI). services and to provide wide-ranging financial solutions in investment and sharia’ products as well as bancassurance for our private and state-owned corporate, commercial, small business and micro After the acquisition process of Bank Jasa Arta by BRI completed, On 17 November 2008, Bank Jasa customers in addition to our consumer clients. Arta was officially converted into syariah commercial bank under the name of Bank BRI Syariah. The conversion was part of the operational preparation process of Bank BRI Syariah in participating along This commitment had been recognized through the top ranking in Banking Service Excellence Award with the other syariah bank to serve the growing needs of small medium enterprise (sme) segment 2007. AsiaMoney magazine had recognized our commitment toward GCG principles by awarding with sharia-based banking services. BRI Syariah start off with 12 services outlets (ex Bank Jasa Arta Corporate Governance Award for category Best Overall for Corporate Governance in Indonesia and Branch) spread in Jakarta, Bandung, Cirebon, Tasikmalaya, Indramayu, Tanggerang dan Banjar. Bank Best for Disclosure and Transparency Jasa Arta conversion into BRI Syariah mark the second process out of three main course of action to accomplish complete separation or spin-off of BRI Syariah Unit to become a full pledge syariah bank Bank Mandiri, a listed state owned entreprises is majority owned by Government of Republic Indonesia, with assets that have grown to more than Rp 358.5 trillion as of December 31, 2008 and The initial process was acquisition of one conventional bank (Bank Jasa Arta) by PT. Bank Rakyat owns five subsidiaries: Bank Syariah Mandiri, Mandiri Sekuritas, Axa Mandiri, Bank Sinar Harapan Bali Indonesia Tbk., on December 19 2007. The second process was conversion of the conventional Bank and Tunas Finance. (BJA) into commercial syariah bank which has been successfully completed on 17 November 2008. Then the final course was separating BRI Syariah Unit to be merged to Bank BRI Syariah, effectively Bank Mandiri has 1,027 domestic branch offices and 6 overseas branches and representatives. since January 1st, 2009. At that point, BRI Syariah Unit acquired 27 branches and 18 sub branches. The distribution network of Bank Mandiri includes 4,120 ATMs, 7,851 ATMs in the LINK Network and 14,758 ATM Bersama Networks, and Electronic Data Capture (EDC) about 27,611 throughout Following a number of lengthy process, the newly born bank will add a new colour to the existing Indonesia and Internet banking, SMS Banking and Call Center 14000 sharia banking industry. “Bank BRI Syariah hopefully will provide a significant contribution to syariah banking industry, especially in SME’s segment which is in line with the acceleration program for Head Office Syariah Banking in Indonesia. Furthermore, BRI Syariah will synergize the customer base, technology system and all networks owned by BRI” said the President Director of BRI Syariah, Ventje Rahardjo. PT. Bank Mandiri (Persero) Tbk Plaza mandiri. Jl Jend Gatot Subroto Kav 36-38 The management of BRI Syariah consist of : Ventje Rahardjo as President Director, Budi Wisakseno as Jakarta Selatan, Jakarta 12910, Indonesia Compliance & Risk Management Director, Eko B. Suharno as Network & Human Capital Management Tel: (062) (021) 5265045, 5299 7777 Director, and Ari Purwandono as Business Development Director. On the Board of Commissioners, Fax: (062) (021) 5296 4024 the members consist of Drs. Randi Anto MBA as President Commissioner, and as Independent Commissioners are Ir. Musthafa Zuhad Mughni, Nasrah Mawardi, and Sunarsip. As a Syariah Bank, BRI Syariah also has Prof. Drs. K.H. Asjmuni Abdurrahman, Prof. Dr. K.H. Didin Hafidhuddin MS and M. Gunawan Yasni SE, Ak. MM as the members of the Syariah Supervisory Board of the Bank. “After the completion of the spin off process on 1 Januari 2009 and the appointment of the Management of the Bank, Now BRI Syariah is ready to serve Ummah all over Indonesia” said Ventje Rahardjo. 52 5th World Islamic 5th World Islamic 53 Economic Forum Economic Forum
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Qatar Telecom (Qtel) is a telecommunications service provider licensed by the Supreme Council BNI’s sharia banking services have been specially developed and are operated independently by BNI of Information and Communication Technology (ictQATAR) to provide both fixed and mobile Syariah in order to serve the needs of clients who prefer a banking system based on the Islamic Sharia. telecommunications services in the state of Qatar. BNI Syariah provides a number of sharia-based banking services, covering savings and deposit handling as well as the facilitation of loans for business purposes. The Qtel Group has a presence in 17 countries and is committed to expansion in line with the company’s strategic vision of becoming a global top-20 telecommunications provider by the year 2020. BNI’s aggressive expansion strategies to cover the country’s large potential market share have led to the rapid growth in the number of branches nationwide. By 2009, 54 branches are in operation Qtel’s major achievements include: including 665 branches that are connected through the ‘Office Channelling’ system, enabling BNI to • In the first nine months of 2008, Qtel achieved record revenues of QR 14.27 bn. The Group’s provide sharia banking services to their entire loyal customer nationwide. The BNI Syariah banking consolidated customers grew to a record 55.7 million representing an increase of 287% over network is also equipped with ‘Phoneplus Syariah’, a telephone banking service which provides clients the same period in 2007. with easier access to their accounts, a vast ATM networks, and also a modern and convenient internet • As of December 2008, Qtel had received public credit ratings from three of the world’s most banking system. prominent organizations, Moody’s Investors Service, Standard & Poor’s Ratings Services and Fitch Ratings all underpinning Qtel’s strong credit quality. Continuous developments of Sharia-based services are aimed at both providing clients with wider – • The company successfully completed its US$ 1.8 billion acquisition of 40.81% of Indosat, taking the range of convenient banking services as well as fostering positive future growth for BNI Syariah. company into the world’s fourth most populous market in 2008. • Qtel received the CommsMEA “Telecoms Deal of the Year” and the TelecomFinance “Asia Deal of the Year” awards at the for its Indosat investment, while Dr. Nasser Marafih, CEO, received the “Outstanding Leadership” award at the 2nd annual Telecoms World in 2008. • Qtel’s Nawras consortium was named as the successful applicant for the licence for the Class One Full Fixed Public Telecommunications Services in Oman in November 2008. • In 2007, the Qtel Group was honoured with the “Deal of the Year” (CommsMEA and Telecom Finance) awards after acquiring 51% of the share capital of Kuwait based National Mobile Telecommunications Company KSC. • In January 2007 The Qtel Group extended its international presence after acquiring an approximate Who We Are: Antam Described 25% equity stake in ST Telemedia’s Asia Mobile Holdings Pte. Ltd. (“AMH”) with investments in 4 We are a diversified, Indonesian, state-owned, vertically integrated, mining and metals company. Our Asian countries main strengths are our low cost operations, our vast high quality reserves of nickel and bauxite, our • Qtel also owns a 30% stake in Asiacell of Iraq. strong financial structure, our forty years of experience, our location in mineral-rich Indonesia, our vast • Qtel has launched wi-tribe, a Wi-MAX services company with operations in key developing markets acreage of licensed exploration territories, and our loyal and dedicated staff. Our main commodities around the world. are nickel, gold and bauxite. • In November 2006 The Qtel Group entered into an agreement with AT&T Inc to acquire a strategic stake in NavLink - a leading provider of managed data services to businesses in the Middle East. Our main goal is to create shareholder value by getting bigger and better and doing it in a sustainable • The company is listed on the Doha Securities Market, Abu Dhabi Securities Market, and has a GDR and correct way. Our main strategy is to extract as much value as possible from our existing reserves by listing at the London Stock Exchange. moving downstream from exporting ore into processing activities. We are also keen to diversify away • In 2004, Qtel won the public tender for Oman’s second mobile license and subsequently launched its into other commodities as long as there is a good return and a match with our business. In general Nawras subsidiary servic we are only interested in Indonesian assets as the returns are higher and we can benefit from our domestic knowledge and experience.
We are 65% held by the Indonesian government, with the other 35% held by the public. Most of the public investors are long term large, foreign institutional investors. Although recently the amount of domestic institutional, as well as retail investors, has been increasing.
We are financially prudent and like to have very little debt and large cash holdings. Only when the time is right will we leverage the balance sheet to invest and grow. 54 5th World Islamic 5th World Islamic 55 Economic Forum Economic Forum
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Nokia Siemens Networks Since ZTE’s pioneering employees began exploring the Indonesian market in the late 1990s, PT ZTE Headquartered in Espoo, Finland, Nokia Siemens Networks is a leading global player in the Indonesia has grown into one of ZTE’s largest subsidiaries abroad with a competitive staff, complete communications landscape. As a services and solutions led company, we provide a complete, well- organizational structure and significant turnover. balanced product portfolio of mobile and fixed network infrastructure solutions and address the growing demand for services with more than 20.000 service professionals worldwide. Headquartered in Jakarta, PT ZTE Indonesia has set up six regional offices in Surabaya, Central Java, Bandung, Kalimantan, Sulawesi and Sumatra. Its head office in Jakarta is also the office of ZTE’s Asia Pacific regional division platform.
So far PT ZTE Indonesia has established close cooperation with mainstream operators in Indonesia, including PT Indosat, PT Telkom, PT Telkomsel, PT XLcom, PT SMART, HCPT, and PT Mobile 8. Following the operational ideas of “honesty and trustworthiness”, and with strengths and competitiveness in technologies and price, we have been supplying ZTE’s major products and solutions covering four fields, namely wireless communications (including CDMA, GSM and 3G products), fixed network (including xDSL and optical communications products), mobile terminals for CDMA, GSM and 3G XL is one of the leading cellular providers in Indonesia and is majority-owned by Telekom Malaysia networks, and data communications (including routers and Ethernet switches). Berhad through Indocel Holding Sdn Bhd (83.8%) and Etisalat (16%). XL owns an extensive fiber- optic backbone network. Establishing its commercial operations in October 1996, XL’s current business In 2006, PT ZTE Indonesia joined hands with ITT, Indonesia’s largest posts and telecommunications consists of Consumer Solutions such as a triple band (900/1800/1900) cellular network service institute, in funding the ZTE-ITT Asia Pacific R&D and Training Center in Bandung. The training center provider, and Business Solutions such as corporate service provider. is equipped with complete sets of wireless, fixed network and data communications equipment and XL also has licenses for Internet Services Protocol (ISP) and Voice-over Internet Protocol (VoIP). On has been offering high-quality training services to ZTE employees and customers. 21 September 2006, XL launched the XL 3G, the first fastest and widest cellular telecommunication services based on 3G technology. With strenuous efforts for years, ZTE has made a significant breakthrough in the mobile terminal market in Indonesia. In 2007, ZTE sold 2 million mobile phones to the Indonesian market.
The fast development of PT ZTE Indonesia nonetheless results from the endeavors of a talented work team. At present, nearly 500 employees are working with PT ZTE Indonesia, and more than 60 percent of them were recruited locally. 56 5th World Islamic 5th World Islamic 57 Economic Forum Economic Forum
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Strength in Diversity CNBC is the undisputed world leader in business news and information, providing viewers worldwide The ETA Star Group is a deeply trusted, pre-eminent corporate entity in the Middle East. A highly with fast, accurate, actionable and unbiased insights, analysis and real-time access to market data and diversified, multidimensional organization, its activities cover over 16 broad industry verticals with indispensable business information. each vertical having a host of businesses, all carving a niche of their own under the imposing ETA Star banner. With programming from Asia, EMEA and the US, CNBC provides the perfect 24-hour global business news coverage. Uniquely positioned to speak to viewers from across the region, the network provides The group employs over 70,000 people and has a network of 140 offices in over 22 countries nine and a half hours of live Asia-produced programming, representing more regional content than any worldwide. The group’s turnover for the year ending 2007 was in excess of US$5 billion. other pan-regional business or news network in Asia. Key programs include Squawk Australia, Squawk Box Asia, Cash Flow, Capital Connection, Worldwide Exchange and Managing Asia. On weekends, The journey of the ETA Star Group began in the early ’70s with the establishment of a construction CNBC Life features premium programming covering six different genres, including executive travel, luxury company called Ascon, as a joint venture between the Al Ghurair Group of Dubai and Amana lifestyle, sports, entertainment, personal finance and current affairs. Investments Limited of Hong Kong. Although the company was engaged in the construction business and supplied building materials in the initial years, it has grown into a highly diversified group today. In Asia Pacific, CNBC is headquartered in Singapore and is available in over 21 countries across the Among the prominent verticals of the group are Contracting & Engineering, Trading, Shipping, region and distributed to nearly 150 million households. CNBC Asia Pacific’s channels include CNBC Asia, Manufacturing and Assembly, Facilities Management & Environmental, Automobiles, Real Estate, CNBC-TV18 (India), CNBC Pakistan and Nikkei-CNBC (Japan). CNBC also has a strategic alliance with Retail, Services, Travel & Leisure, Healthcare, Aviation, Learning &Education, Insurance, Hospitality, Oil China Business Network, a wholly owned subsidiary of the Shanghai Media Group and a partnership and Natural Gas. Many of these divisions are not only pioneers in their fields but are also the reigning with Digital Chosun, an entity of Chosun Daily Group of Companies, the premier multiplatform media leaders in the current marketplace. conglomerate in South Korea.
A keen sense of entrepreneurship has pushed the group to constantly explore new opportunities. The The channels are distributed via satellite, cable and terrestrial broadcast networks, as well as broadband, philosophy of the ETA Star Group right from the beginning has been to identify a captive market and on http://asia.cnbc.com. CNBC content is also distributed on mobile platforms through selective markets. develop it. The emphasis at every stage has been on innovation, total quality, backward integration and contracting. Not surprisingly therefore, the group has reached such a pre-eminent position today.
Oxford Business Group (OBG), a global publishing, research and consultancy organization, publishes economic and political intelligence on the markets of Eastern Europe, North and South Africa, the Middle East, and Asia. Ogilvy Public Relations Worldwide is an international communications firm and part of the WPP group. We are the largest and most awarded network in Asia Pacific, with more than 30 offices in 15 OBG offers comprehensive analysis of political, macroeconomic and sectoral developments, including banking, countries including Hong Kong, Beijing, Mumbai, Tokyo and Sydney. capital markets, energy, infrastructure, industry and insurance.
At Ogilvy PR, we believe in the power of brands. We believe they are any company’s greatest asset, OBG’s acclaimed economic, political and business reports are the leading source of local and regional and that building strong, enduring brands is the key to market success. We believe we are of greatest intelligence, while OBG’s online economic briefings provide up-to-date in-depth analysis. OBG’s consultancy value to those clients that share this understanding of and passion for brands. We believe that when arm offers tailor-made market intelligence and advice to firms operating in these markets and those looking to we deliver on this promise, our clients will in turn reward us with their continued loyalty, which is the enter them. key to our own success and financial strength.
To find out more, please contact Christopher Graves on +852 2884 8556 or visit us at www.ogilvypr.com. 58 5th World Islamic 5th World Islamic 59 Economic Forum Economic Forum
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Telkomsel is the leading operator of cellular telecommunications services in Indonesia by market share. The history of Garuda Indonesia is closely connected to the history of the nation and the struggle By the end of September 2008, Telkomsel had 60.5 million customers which based on industry for independence. Garuda Indonesia’s first flight began in 1949. Garuda Indonesia has been in the statistics represented an estimated market share of approximately 46%. business for nearly 60 years. And as Indonesia’s flag carrier, it has stood by nation throughout times of Telkomsel provides cellular services in Indonesia, through its own nationwide dual-band GSM 900- change, providing safe, comfortable and reliable air transportation services. 1800 MHz, 3G network, and internationally, through 323 international roaming partners in 170 countries (end of September 2008). In September 2006, Telkomsel became the first operator in Garuda Indonesia’s commitment to total quality improvement in the area of service, safety, on-time Indonesia to launch 3G services. departures and load factors has brought the company to a period of dynamic and successful change in providing safe, comfortable and reliable air transportation services. The change has successfully The company provides its subscribers with the choice between two prepaid cards-simPATI and Kartu improved Garuda Indonesia’s performance and created a positive cash flow and operating profit. As, or the post-paid kartuHALO service, as well as a variety of value-added services and programs. Future business trends show significant increase of complexity and difficulty that demands a Telkomsel’s operations in Indonesia have grown substantially since the commercial launch of smart application of tactics and strategy by airlines to overcome such problems. To cope with the its post-paid services on 26 May 1995. In November 1997, Telkomsel became the first cellular globalization era and survive amid fierce market competition, Garuda Indonesia is set to go private in telecommunications operator in Asia to introduce rechargeable GSM pre-paid services. the near future Telkomsel’s gross revenues have grown from Rp 3.59 trillion in 2000 to Rp 44.38 trillion in 2007. Over the same period, the total number of Telkomsel’s cellular subscribers increased from approximately 1.7 Garuda Indonesia has a fleet of 48 aircrafts consisting of three B-747-400s, six A-330-300s and million as at 31 December 2000 to 47.9 million as at 31 December 2007. 39 B-737s (300, 500, and 800 series) as of December 31st, 2007. It serves 21 domestic route destinations: Ampenan, Banda Aceh, Banjarmasin, Balikpapan, Batam, Biak, Denpasar, Jakarta, Telkomsel has the largest network coverage of any of the cellular operators in Indonesia, providing Jayapura, Manado, Medan, Padang, Palembang, Pekanbaru, Pontianak, Palangkaraya, Semarang, network coverage to approximately 95% of Indonesia’s population and is the only operator in Solo, Surabaya, Timika, Ujung Pandang, and Yogyakarta. Indonesia that covers all of the country’s provinces and regencies, and all counties (“kecamatan”) in Sumatra, Java, and Bali/Nusra. The company offers GSM Dual Band (900 & 1800), GPRS, Wi-Fi, EDGE, The company also has joint services passenger cooperation with Silk Air, China Airline, China Southern and 3G Technology Airline, Korean Air, Malaysian Airline System, Philippine Airline, Qatar Airways and Vietnam Airlines. For joint freight service, Garuda Indonesia collaborates with Korean Airlines and China Airlines.
Garuda Indonesia also has strategic units to support the company’s business, namely Garuda Indonesia Training Centre (GITC), Cargo Centre, Garuda Medical Centre (GMC), and PT GMF AeroAsia (GMF) and several subsidiary companies. 60 5th World Islamic 5th World Islamic 61 Economic Forum Economic Forum
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PT Huawei Tech Investment Telkomsel is the leading operator of cellular telecommunications services in Indonesia by market share. Huawei Technologies is a leader in providing next generation telecommunications networks, and now By the end of September 2008, Telkomsel had 60.5 million customers which based on industry serves 36 of the world’s top 50 operators, along with over one billion users worldwide. The company statistics represented an estimated market share of approximately 46%. is committed to providing innovative and customized products, services and solutions to create Telkomsel provides cellular services in Indonesia, through its own nationwide dual-band GSM 900- long-term value and growth potential for its customers. In 2008, Huawei recorded USD23.3 billion in 1800 MHz, 3G network, and internationally, through 323 international roaming partners in 170 contract orders, 75 percent generated from international markets. countries (end of September 2008). In September 2006, Telkomsel became the first operator in Indonesia to launch 3G services. Indonesia has been considered by Huawei as one of the most strategic markets of telecommunications business in the world. Its wholly-owned unit in Indonesia, PT Huawei Tech Investment, had started its The company provides its subscribers with the choice between two prepaid cards-simPATI and Kartu business in Indonesia in year 2000 and has become one of the top 3 telecommunication vendors for As, or the post-paid kartuHALO service, as well as a variety of value-added services and programs. major operators in Indonesia, where most of Huawei’s product portfolio has applied, such as GSM, Telkomsel’s operations in Indonesia have grown substantially since the commercial launch of UMTS, CDMA, Transmission, Datacom, Fixed Access Network, Broadband Access Network, Core its post-paid services on 26 May 1995. In November 1997, Telkomsel became the first cellular Network (NGN & Mobile Softswitch), Application & Software (A&S) as well as user terminal. telecommunications operator in Asia to introduce rechargeable GSM pre-paid services. Telkomsel’s gross revenues have grown from Rp 3.59 trillion in 2000 to Rp 44.38 trillion in 2007. Over Currently, Huawei has built 8 service centers, 13 spare part centers and 9 logistic centers in Indonesia the same period, the total number of Telkomsel’s cellular subscribers increased from approximately 1.7 to provide quick responses across all time zones in Indonesia. Due to rapid business expansion and the million as at 31 December 2000 to 47.9 million as at 31 December 2007. objective of delivering better service to its customers, Huawei has established one local R&D centre in Jakarta focusing on software application development. Telkomsel has the largest network coverage of any of the cellular operators in Indonesia, providing
network coverage to approximately 95% of Indonesia’s population and is the only operator in PT Huawei Tech Investment is also committed to supporting local communities, fulfilling its social Indonesia that covers all of the country’s provinces and regencies, and all counties (“kecamatan”) in responsibilities, and employee development. That is the reason behind the establishment of HUAWEI – Sumatra, Java, and Bali/Nusra. The company offers GSM Dual Band (900 & 1800), GPRS, Wi-Fi, EDGE, UI Tra and 3G Technology 62 5th World Islamic 5th World Islamic 63 Economic Forum Economic Forum
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PT First Media Tbk (‘First Media’) is the largest multimedia operator in Indonesia engaged in the The Executive Center for Global Leadership (ECGL) operation of a fiber network and broadband communication system. First Media is the leading The Executive Center for Global Leadership (ECGL) provides world-class leaders development for distribution of Broadband internet (‘Broadband Internet’), cable TV (‘CATV’) and high-speed data leadership, governance, and management in the private and public sector in the Asian region. communication services (‘DCS’) to households and corporations in Indonesia. First Media is the dominant cable operator with more than 70% market share of total CATV subscribers (corresponding to about ECGL conduct forums, briefings and courses led by internationally-renowned academic and corporate 28% market share of total pay-TV subscribers) and more than 45% market share of cable modem leaders for senior executives of international and national corporations. Courses and forums are broadband internet subscriber (corresponding to about 15% market share of total broadband internet focused on the issues and disciplines most relevant to success in both short and long term regional subscribers) in the country, as at the end of 2006. First Media is listed on the Indonesia Stock Exchange. and international economy.
In June 2007, First Media initiated a name change to ‘First Media’ in conjunction with the launch of ECGL (www.ecgl.co.id) offers a number of leadership development programs fashioned for executives a new corporate identity and branding as a Triple Play connectivity provider with a full suite of digital having achievement records and demonstrated talents that mark them as potential future leaders. The broadband based product offerings, comprise of a) ‘always on’, unlimited high speed Internet access main program is the Advanced Leadership Program (ALP) consisting of a series of structured modules services (under the brand ‘FastNet’), b) digital cable TV (under the brand ‘HomeCable’) and c) high in which each module consists of classroom activities supplemented by assignments and pre-arranged speed, high capacity data communication solutions for business and commercial application (under the mentoring as well as the ability to practice lessons learnt in the work place in between module classes. brand ‘DataComm’) – that capitalize on First Media’s advanced network and broadband capabilities. The ALP is uniquely designed to provide the knowledge and skills required for leaders to meet the First Media owns and operates a technologically-advanced two-way 870 Mhz Hybrid Fiber-Coaxial challenges of today’s ever increasingly complex global business environment. Courses are given by (‘HFC’) cable network with head ends in Jakarta (Citra Graha), Bali (Denpasar) and Surabaya (Gubeng). reputable international professors to lecture on the latest research into leadership and management The architecture and reach of First Media’s network infrastructure positions it to play a leading role in practices combined with guest speakers from high-ranking authorities from the public and private the delivery of broadband services in major metropolitan Jakarta. First Media’s main business operations sectors to share their wealth of experiences. Moreover, executive business networking is offered to consist primarily of delivering CATV programming, Broadband Internet accesses and high speed data participants not only during the Program, but also following its completion. services to subscribers through this proprietary fiber-optic and HFC network for a monthly fee. First In recognition of its achievements, ECGL was named a strategic partner in leadership development by Media also generates revenue from selling advertising time to a variety of national, regional and local the World Islamic Economic Forum (WIEF) Foundation. businesses on some of its channels. 5th World Islamic 65 Economic Forum 64 5th World Islamic Economic Forum 5th World Islamic 67 Economic Forum
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