What is the structure of PMA’s board of directors/management? What are their respective responsibilities and powers?
2023-05-03
- The Indonesian Company Law provides for a two-tier management system, the Board of Directors and the Supervisory Board. As the executive/management level of the company, the general duties and responsibilities of the directors are to manage the day-to-day operations of the company and to represent the company to all third parties. The Supervisory Board, as the supervisory committee, has the general duty and responsibility to supervise and advise the Board of Directors on the management of the company.