InfoSAWIT, JAKARTA – Palm oil and agribusiness company belonging to the Government through Holding PT Perkebunan Nusantara (PTPN) III (Persero) did restructurisation by reducing the directors in the subsidiaries of PTPN Group, starting PTPN I, II, IV until XIV as part of transformation optimization to strengthen the roles of PTPN Group as the economic support and food security nationally.
“The substitution is the same with the transformation program in the company group which is committed to increase the works and keep making changes to realize the targets that could highly contribute for the economy nationally,” Director of PT. Perkebunan Nusantara III (Persero), Muhammad Abdul Ghani said, as in the official written statement to InfoSAWIT in Jakarta recently.
Based on the Decision of Minister of Enterprises, Erick Thohir, Muhammad Abdul Ghani directly handed over the Decree on the Dismissal of Appointment and Changes in Nomenclature of the Directors in the Subsidiaries of PTPN Group to the new directors in 13 PTPN, Tuesday (26/5/2020) in the head quarter of Holding in Jakarta.
“To realize the big roles mandated to PTPN Group, it needs to reinforce the major organization and the subsidiaries, and increase the competence of the human resources. In 2020, the roles of Holding Perkebunan Nusantara as the strategic holding change to be operational holding. The major function and the strategic plans, including about every investment decision (on farm dan off farm), commodity policy, business portfolio, new business development, marketing, optimization initiatives, asset divestment, fund and cash management, and also the human resources would be controlled by the Holding,” he said.
The subsidiaries would focus to the operational which would be monitored and evaluated by the Holding. If in the previous, every subsidiary had 4 directors, in the new organization, each of them would only have one director. This is about to create the solidity of the strong organization to realize the goals of the company. It means that PTPN Groups would be ready to face the future business challenges.
The restructurisation is crucial to do knowing that PTPN Group has big roles to the economy nationally. The groups is one of big plantation company in the world seen from the concession plantations reaching 1,17 million hectares. PTPN Group cultivates palm oil, sugarcane, tea, rubber, coffee, tobacco, cocoa, and the downstream products. Based on the data on 31 March 2020, the planted areas of PTPN III (Persero) and the subsidiaries were dominated by palm oil reaching 593.935 hectares, rubber (146.345 hectares), sugarcane (62.583 hectares), and tea (30.512 hectares).
He also explained that the business transformation is series of phase that have been running since it was founded in 2014 but it does not show the optimal result yet, both in the operational work and finance. That is why, PTPN III (Persero) as Holding Perkebunan Nusantara which is the main company of PTPN I, II, IV to XIV decided six major programs to the business transformation, they are, operational excellence; organization and human resource restructurisation; asset divestment; partnership and asset optimization; debt restructurisation; and company restructurisation.
“The Holding would give the strategic lead, do monitoring, and evaluation; while the subsidiaries would focus to manage the operational to produce every commodity that the Holding decides and hopefully, there would be more optimal results,” Ghani said. (T2)