Jakarta. Bukit Makmur Mandiri Utama (BUMA), a subsidiary of BUMA International Group (DOID), has appointed Ronald Sutardja as president director, replacing Indra Kanoena, who has completed his tenure.

Prior to the appointment, Ronald served as BUMA’s president commissioner. He previously led the company as president director from 2014 to 2021, a period marked by strong operational performance and an expanded client base and operating footprint. During his tenure as commissioner, Ronald remained actively involved in shaping BUMA’s strategic direction and retained a deep understanding of the company’s operations, clients, and human resources.

“His appointment reflects the Board of Commissioners’ focus on strengthening execution discipline and ensuring closer alignment between the Group and its operational business units,” BUMA management said in a statement released in Jakarta on Friday.

Alongside the chief executive appointment, the board approved a number of leadership changes aimed at ensuring continuity, preserving critical operational insight, and reinforcing BUMA’s focus on operational stability.

Effective Jan. 1, 2026, BUMA’s leadership lineup comprises President Commissioner Ashish Gupta; Independent Commissioners Hamid Awaluddin and Soemarno Witoro Soelarno; President Director Ronald Sutardja; Vice President Director Nanang Rizal Achyar; and Director Silfanny Bahar.

Management said the company will continue to prioritize safe and reliable operations, consistent service delivery to clients, and strengthening its corporate foundations.

“These changes reaffirm the Board of Commissioners’ commitment to navigating industry challenges with confidence, ensuring BUMA is well positioned to achieve sustainable long-term performance,” the management added.

The leadership transition is designed to sharpen execution and operational excellence amid a challenging industry environment. The mining services sector is expected to remain under pressure this year due to operational complexity and unpredictable weather, while Indonesian operators continue to face intense demands for high productivity and service reliability.

“These dynamics underscore the importance of strong execution in operational resilience and disciplined contract management,” the statement said.

Despite operating on a solid footing, maintaining long-term client relationships, and receiving strong support from funding partners, including leading Indonesian banks as well as bond and sukuk holders, BUMA said it is taking proactive steps to strengthen leadership alignment to support more consistent execution in the current environment.

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