ABOUT MPC

Empowering The Next Generation of Industry-Defining Businesses

Cornerstone Investor for Growth

MPC’s ambition is to be the leading multi-stage investment firm with the dream to empower businesses of tomorrow.

Through our experience in building, scaling, and investing in high-growth companies, we aim to provide strategic support and guidance to exciting ventures to deliver deep and long-lasting impact that define the future of industries.

MPC (PT. Multipolar Tbk) is listed in Indonesian Stock Exchange (IDX: MLPL)

Early-Stage
Investments
Growth & Later-Stage
Investments
Partner of Choice
for Global Tech Leaders
Digital Transformation
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MPC people

The Minds Behind MPC

Adrian Suherman

President Director
Adrian Suherman
President Director

Adrian Suherman was appointed as the Company’s President Director by the decision of the 2019 Annual General Meeting of Shareholders. His appointment was formalized in the Annual General Meeting of Shareholders Deed of Resolution No.68, dated 12 June 2020, drafted before Tangerang-based Notary Sriwi Bawana Nawaksari, S.H. M.Kn.

He started his career in 1995, leading product development, strategy, and operations for global software companies including Oracle and Sun Microsystems in Silicon Valley. After his stint in the USA, he returned to Indonesia as a manager to top-tier management consulting firm A.T. Kearney (2007-2010) and successfully established the startup company Dealkeren (eventually sold to Livingsocial), the fastest growing and most significant e-commerce company in the country (2010-2012). He then rejoined the corporate world through Telkomsel as Vice President (2012-2014) and paved the way for Telkomsel to become a vital player in Indonesian mobile advertising. An entrepreneur by nature, he established another successful startup, aCommerce (2014-2015), before accepting a post as CEO with OVO (PT Visionet Internasional) (2016-2019). He concurrently serves as President Director at PT Matahari Putra Prima Tbk (since 2019), President Commissioner at PT Multipolar Technology Tbk (since 2019), and Commissioner at PT Matahari Department Store Tbk (since 2020).

He is an Indonesian citizen, aged 48 as of 31 December 2021. He earned an MBA in Corporate Strategy and Operations from the European Institute for Business Administration (INSEAD) in 2006. He also holds a Master of Science degree in Electrical Engineering from Stanford University, USA (1997), and a Bachelor of Science degree in Computer Engineering from the University of Arizona, USA (1995).

Rudy Ramawy

Vice President Director
Rudy Ramawy
Vice President Director

Rudy Ramawy was appointed as the Company’s Vice President Director by the decision of the 2019 Annual General Meeting of Shareholders. His term was formalized in the Annual General Meeting of Shareholders Deed of Resolution No. 68, dated 12 June 2020, drafted before Tangerang-based Notary Sriwi Bawana Nawaksari, S.H. M.Kn.

He has over 20 years of experience with leading companies in various industries such as Procter & Gamble (1994), Sony Music (1997-1999, 2002-2005), Warner (1999-2002), RCTI/MNC Group (2008-2011). Most notably, he was the Country Director of Google Indonesia from 2012 to 2015, where he paved the path to establishing a strong presence that ensured the company’s rapid growth in the country. He led Google’s operations, as well as the launching of YouTube Indonesia and Google Maps Street View. He concurrently is the Founder and Managing Partner of Venturra Capital, a company he established in 2015 that invests in early/growth stage technology across the region. Other ongoing positions include Commissioner in Ruangguru (since 2015), Sociolla (since 2015), and OVO (since 2016). On top of his daily ventures, he plays an active role as a volunteer and mentor in community development. He was also a Commissioner at PT Matahari Department Store Tbk  (2018-2020). Currently, he is also a Commissioner at PT Matahari Putra Prima Tbk (since 2018).

He is an Indonesian citizen, aged 50 as of 31 December 2021. He holds a Chemical Engineering degree from the University of California at Berkeley, USA.

Fendi Santoso

Chief Financial Officer
Fendi Santoso
Chief Financial Officer

He has 19 years of experience in private equity and corporate space. Prior to the Company, he served as CFO at PT Matahari Putra Prima Tbk. He also spent 4 years at The Abraaj Group as Director overseeing investments in Southeast Asia and 5 years at Northstar Group – a leading private equity firm focusing in Southeast Asia countries, where he was involved in several transactions in various sectors, including several financial services and consumer-facing businesses. Prior to this, he held various positions at Jardine Group – including Astra International, Jardine Motors Group, Jardine Matheson, and Federal International Finance.

He is an Indonesian citizen, aged 42 as of 31 December 2021.

Jerry Goei

Chief Operating Officer
Jerry Goei
Chief Operating Officer

Prior to joining the Company as COO in 2020, Jerry Goei served as President Director of Dwi Satrya Utama (DSU) Group since December 2015. Prior to joining DSU Group, he spent four years with Northstar Group, a leading private equity firm in Indonesia until Dec 2015, with the last position as the Managing Director and Head of Operations of Northstar. Before Northstar, he has held several C-level executive positions in several companies, including the Country Director of AkzoNobel Group in Indonesia and at the same time holding the position of President Director and CEO of PT ICI Paints Indonesia (Dulux), which is AkzoNobel largest subsidiary in Indonesia. He spent 12 years in total with ICI/AkzoNobel. He has also worked for Accenture, American Standard, and Sampoerna.

He is an Indonesian citizen, aged 52 as of 31 December 2021. He obtained his Bachelor of Science degree in Computer Sciences from the University of Texas at Austin in 1991 and MBA degree from Baylor University in 1992. He also attended executive development programs at IMD (Lausanne – Switzerland) in 2007 and INSEAD (Fontainebleau – France) in 2011.

Agus Arismunandar

Chief Business Development & Investor Relations Officer
Agus Arismunandar
Chief Business Development & Investor Relations Officer

He began his career with the Lippo Group in 2006 when he joined PT Matahari Department Store Tbk, wherein he was last posted as Head of Marketing & Promotion. In 2013, he joined the Company as Head of Investor Relations, and in 2019 he was appointed as a member of the Board of Directors, and concurrently holds several positions in the Company’s business units.

He is an Indonesian citizen, aged 56 as of 31 December 2021. He earned a Bachelor of Science degree in Electrical Engineering in 1988 from California State University at Long Beach, USA, and a Master of Business Administration degree in Marketing and IT in 1991 from the University of California at Davis, USA.

Lina Latif

Chief Legal Officer & Corporate Services
Lina Latif
Chief Legal Officer & Corporate Services

Lina Latif started her career in Public Accounting Firm Prasetio, Utomo Co. with the last position as Senior Auditor (1979 – 1984), then joined Lippo Group in 1985. Her final positions were Director at PT Matahari Putra Prima Tbk (2001-2018) and the Company’s Director (2013-2018).

She is an Indonesian citizen and as of 31 December 2021 is 65 years old. She earned a bachelor’s degree in Economics from Trisakti University in 1980 and a Master of Law degree from the Faculty of Law, Gadjah Mada University Yogyakarta in 2014.

Tati Hartawan

Chief Human Resources Officer
Tati Hartawan
Chief Human Resources Officer

Tati Hartawan started her career at Citibank Indonesia with the last position as Global Consumer Business Human Resources Head, Senior Vice President (1989 – 2013). Appointed as Human Capital Director in Bank Mega (2013 – 2016), before joining Lippo Group of Companies as Senior HR Executive (2016 – present).

She is an Indonesian citizen and as of 31 December 2021, she is 55 years old. She holds a Bachelor of Science Degree in Accounting from San Francisco State University, United States of America (1988).

Raditya Pramana

Head of Digital & Partner at Venturra
Raditya Pramana
Head of Digital & Partner at Venturra

Raditya has years of experience in investing and advising technology ventures in Southeast Asia. He is a Partner at Venturra, an early-stage Venture Capital firm that focuses on investing in early-stage high growth startups in Southeast Asia. He started his career as an investment professional at IMJ Investment Partners and was responsible for the Japanese fund’s investment activities in Indonesia.

Raditya was awarded with Forbes Indonesia 30 Under 30 in 2020 and chosen as one of the Young Leaders for Indonesia by McKinsey & Company. Raditya is an Indonesian citizen. He holds an Information Systems Degree from Binus International University.

MPC History
History Brief Overview

The Company was founded in 1975 initially as an electronics retailer. Today, the Company has evolved into a strategic investment company with business scopes covering the Retail, Telecommunications, Multimedia and Technology (TMT) segments, as well as Other Businesses and Investments.

The Company has expanded its business reach into many regions in Indonesia, strengthening its competitiveness with the most extensive market coverage in the country.

1975
Establishment of Multipolar (MLPL) as an electronic goods retailer

1982
MLPL pioneers computerization of the banking and finance industry

1986
IBM appoints MLPL as its first business partner in Indonesia

1989
MLPL becomes the first IT-related company to be listed on the Indonesia Stock Exchange (previously the Jakarta Stock Exchange

1996
1st Rights Issue

1997
2nd Rights Issue

2005
3rd Rights Issue

2006
4th Rights Issue

2010
5th Rights Issue
Reverse stock split

2012
PT Matahari Pacific and PT Nadya Putra Investama (NPI) acquired the majority of MPPA assets

2013

  • MLPL entered into strategic partnerships with Temasek Holdings Pte. Ltd. in MPPA
  • Change from indirect to direct ownership in MDS to 20.48%
  • Initial Public Offering by PT Multipolar Technology Tbk (MLPT) to be listed on the IDX
  • Issuance of US$200,000,000 bonds with B+ rating from Fitch and S&P

2014
Issuance of additional bonds amounting to US$30,000,000 with B+ rating from Fitch and S&P

2016

  • Change in indirect ownership of PT Bank Nationalnobu Tbk to 19.58%
  • Change in indirect ownership of MDS to 17.48%

2017
Refinancing of the Company’s US$230,000,000 bonds with US$250,000,000 loan from PT Bank Negara Indonesia (Persero) Tbk.

2018
6th Rights Issue

Milestones
1975
1986
1996
2005
2010
2013
2014
2017
1975
1986
1996
2005
2010
2013
2014
2017