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Jokowi Appointed Director as CFO of LPI, DOID Shares Rise



on, JAKARTA – Director of Finance PT Delta Dunia Makmur Tbk. (DOID) Eddy Porwanto has been appointed by President Joko Widodo as Chief Financial Officer of the Investment Management Institute or LPI.

In a way, the sentiment aroused by Eddy’s appointment also influenced DOID stock movements. In Tuesday’s Session I (2/16/2021), DOID shares rose 1.85% or 6 points to Rp330.

During the day, the action of DOID evolves in the range Rp324-Rp330. Its market capitalization reaches IDR 2.84 trillion.

Eddy Porwanto has 30 years of experience in financial management and performance recovery in various companies.

For nearly a decade, Eddy has been a senior member of Northstar Pacific as a director and commissioner at various target investment companies to effect turnarounds and increase value.

Eddy has experience as a Chief Financial Officer (CFO) and Senior CFO in a number of companies across various industries.

In the mining sector, Eddy became CFO Delta of the prosperous world, and was also Deputy Managing Director of Archiplego Resources.

In the transport and aviation services sector, Eddy was reportedly the CFO of PT Garuda Indonesia (Persero) Tbk. (GIAA). At the same time, in the automotive sector, the name Eddy Porwanto is associated with the position of CFO at General Motors Indonesia.

In addition, Eddy was also allegedly involved in the consumer sector, notably at Reckitt Benckiser Indonesia.

MBA in Finance and Banking from the University of Illinois Urbana Champaign and Banchelor in Accounting and Finance from Lewis & Clark College USA are now appointed as Director of Finance at LPI.

This was discovered after President Joko Widodo (Jokowi) announced the ranks of the Supervisory Board and Board of Directors of the Investment Management Institution (LPI) or Indonesia Investment Authority (INA) on Tuesday. 2/16/2021.

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