Future Challenges of Indonesia’s Business 2015 in Energy and Financial Services

Rico Frans, Agung Wicaksono, Ahmad YuniartoSBM ITB held Alumni Forum 2014 with topic Future Challenges of Indonesia Business 2015 in Energy and Financial Services. Came as speakers were Ahmad Yuniarto (Chairman of Schlumberger Indonesia), Rico Usthavia Frans (Senior Executive Vice President for Transactional Banking of PT. Bank Mandiri Tbk), and Dr. Agung Wicaksono (Lecturer of SBM ITB) as moderator for this forum held at Jakarta Campus (6/12/2014).Rico Frans, Agung Wicaksono, Ahmad YuniartoSBM ITB held Alumni Forum 2014 with topic Future Challenges of Indonesia Business 2015 in Energy and Financial Services. Came as speakers were Ahmad Yuniarto (Chairman of Schlumberger Indonesia), Rico Usthavia Frans (Senior Executive Vice President for Transactional Banking of PT. Bank Mandiri Tbk), and Dr. Agung Wicaksono (Lecturer of SBM ITB) as moderator for this forum held at Jakarta Campus (6/12/2014).

“Energy sector is a sector where you don’t have to work for demand. Even when you are asleep, you will see the demand is growing. But in the other hand, that was very big challenge. Looking into 2025, we will get into the level of 8 million barrel oil per day. We should not only to maintain the level of production, but also to up the production. And the biggest revolution in term of energy is that we have to move away from the perception that Indonesia is rich of energy resources,” said the Chairman of Schlumberger Indonesia.

As we moved to Bank Mandiri’s as one of the leading financial services in the region, their challenge in next year as Rico stated, “Every 5 years, we have a long-term plan starting from phase 1 in 2005 – 2009, phase 2 in 2010 – 2014 and phase 3 2015 – 2020. Our vision is to lead domestic position and close remaining gaps in key areas, tap into high value regional opportunities. Of course, we would like to be the icon of Indonesia like Samsung in Korea, Sony in Japan or Apple in US. And when we talk about financial Industry, there is Mandiri in Indonesia.”

Moderated by Dr. Agung Wicaksono, both speakers received many questions from the audience. Ahmad Yuniarto explained to participants on the reason why we have the energy mix strategy. “To win out our dependency on fossil fuel, there is genuine inception to tap into: new and renewable energy beyond traditional fossil fuel. Indonesians say that Indonesia has the biggest potential geothermal resources in the world, but why geothermal energy is not growing” Some of the problem was actually a non technical problem that geothermal associated with the magma, and magma associated with volcano, and volcano is out there in the beautiful protected forest. And when we are talking about new and renewable energy, the biggest opportunity in Indonesia is not geothermal, is not even hydro. The biggest opportunity in Indonesia is biofuel and biomass”.

To close the session, moderator summed up the discussion content with note. “Be it developing energy sustainability or expanding financial inclusion, the key lies with the people. We need to have the right man on the right place, people with no vested interest and baggage from the past who can make the right decision. It is why revolusi mental (mental revolution) sounds easy but actually it’s very difficult, since it deals with simple decisions but can be tough for the persons with wrong mentality. This is the very basic fundament of mental revolution, instead of obliging civil servants to eat cassava or officials flying economic class,” highlighted Dr. Agung Wicaksono.

In this opportunity Dr. Yos Sunitiyoso as the Director of Jakarta Campus shared an update to the alumni. “As we have been growing, today’s number of Jakarta’s students has reached about 428 with total alumni of 346. And starting next year, we have a doctoral degree of science in management held in Jakarta and we do have some MBA alumni accepted as students,” shared Yos Sunitiyoso.

Alumni Forum Pic

“Energy sector is a sector where you don’t have to work for demand. Even when you are asleep, you will see the demand is growing. But in the other hand, that was very big challenge. Looking into 2025, we will get into the level of 8 million barrel oil per day. We should not only to maintain the level of production, but also to up the production. And the biggest revolution in term of energy is that we have to move away from the perception that Indonesia is rich of energy resources,” said the Chairman of Schlumberger Indonesia.

As we moved to Bank Mandiri’s as one of the leading financial services in the region, their challenge in next year as Rico stated, “Every 5 years, we have a long-term plan starting from phase 1 in 2005 – 2009, phase 2 in 2010 – 2014 and phase 3 2015 – 2020. Our vision is to lead domestic position and close remaining gaps in key areas, tap into high value regional opportunities. Of course, we would like to be the icon of Indonesia like Samsung in Korea, Sony in Japan or Apple in US. And when we talk about financial Industry, there is Mandiri in Indonesia.”

Moderated by Dr. Agung Wicaksono, both speakers received many questions from the audience. Ahmad Yuniarto explained to participants on the reason why we have the energy mix strategy. “To win out our dependency on fossil fuel, there is genuine inception to tap into: new and renewable energy beyond traditional fossil fuel. Indonesians say that Indonesia has the biggest potential geothermal resources in the world, but why geothermal energy is not growing” Some of the problem was actually a non technical problem that geothermal associated with the magma, and magma associated with volcano, and volcano is out there in the beautiful protected forest. And when we are talking about new and renewable energy, the biggest opportunity in Indonesia is not geothermal, is not even hydro. The biggest opportunity in Indonesia is biofuel and biomass”.

To close the session, moderator summed up the discussion content with note. “Be it developing energy sustainability or expanding financial inclusion, the key lies with the people. We need to have the right man on the right place, people with no vested interest and baggage from the past who can make the right decision. It is why revolusi mental (mental revolution) sounds easy but actually it’s very difficult, since it deals with simple decisions but can be tough for the persons with wrong mentality. This is the very basic fundament of mental revolution, instead of obliging civil servants to eat cassava or officials flying economic class,” highlighted Dr. Agung Wicaksono.

In this opportunity Dr. Yos Sunitiyoso as the Director of Jakarta Campus shared an update to the alumni. “As we have been growing, today’s number of Jakarta’s students has reached about 428 with total alumni of 346. And starting next year, we have a doctoral degree of science in management held in Jakarta and we do have some MBA alumni accepted as students,” shared Yos Sunitiyoso.

Alumni Forum Pic