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Siddhartha Akma

Independent Commissioner at Asuransi Jiwa Sinarmas MSIG Tbk PT

He started his career as Correspondent Banking/Financial Institution and Credit Analyst for the Banking Industry in the International Banking Division at PT Bank Niaga Tbk (1988-1995) and served as Head of the Risk & Asset Liability Management (RALM) Division, for Bank & Market Risk and Treasury Transaction at PT Bank Niaga Tbk (1995-1997). In 1997, he served as Fund Manager at PT Niaga Aset Manajemen, then as Investment Director at PT Niaga Aset Manajemen (2000-2003). After that, he became an Industry Analyst in the Risk Management section of PT Bank Niaga Tbk (2003-2006). In 2006 he was appointed as Director at PT Niaga Aset Manajemen/PT CIMB Principal Asset Management, and in 2009 he became Senior Analyst at the Risk Management Group at Bank CIMB Niaga, and then served as head of the Compliance Management & Reporting division at Bank CIMB Niaga (2012-2013). He was a Lecturer for Strategic Management & Risk Management in Business at Mercu Buana University (2013-2015). Currently serving as Independent Commissioner at PT Asuransi Jiwa Sinarmas MSIG Tbk since 2015.

He completed his Bachelor of Economics majoring in Management in 1984 at the University of Indonesia, then completed the Master of Business Administration (MBA) program at Indiana University, United States of America in 1987. He continued his Master of Science studies in International Relations at the Faculty of Social and Political Sciences. at the University of Indonesia in 2018.

He has no financial, share ownership, and/or family relationship with other members of the Board of Commissioners, members of the Board of Directors, and/or controlling shareholder.

He was appointed as Commissioner based on the Deed of Statement of Shareholders' Decision Number 46 dated May 23, 2019, drawn up before Aulia Taufani SH, Notary in Jakarta, and reappointed as Commissioner based on the Deed of Statement of Meeting Resolution Number 59 dated May 25, 2021, drawn up before Aulia Taufani SH, Notary in Jakarta. He was declared to have passed the Fit and Proper Test by the OJK based on the Decree of the OJK Board of Commissioners Number KEP-14/KDK.05/2015 concerning Determination of the Fit and Proper Test Results for Independent Commissioners of PT Asuransi Jiwa Sinarmas MSIG on behalf of Sidharta Akmam dated February 12, 2015.

Currently, he does not have a position in another company. Internally at PT Asuransi Jiwa Sinarmas MSIG Tbk, he currently holds concurrent positions as Chairman of the Nomination & Remuneration Committee and member of the Risk Monitoring Committee.