CFO and Risk Management

CFO AND RISK MANAGEMENT

Setio Anggoro Dewo (CFO PT PLN Persero)

ACCA IAI Join Conference February 26, 2013

Content

Why?

Scope

Approach

How?

Benefit

Key Success Factors

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Why ?

National impact

Government guarantee

Global bond/MTN

Infrastructure etc

Magnitude of transactions

Opex vs. Capex

Subsidy and business model

Competitive advantage of nations

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Risk Scope

Financial risks

Technology risks

Market risks

Legal risks

Operational risks

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Approach

Team based

Cross function

Business process

End to end

Cover : technology, business economics and legal

Beyond compliance

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How?

Build /Develop Systems Optimize IT Support from KPK, BPK, BPKP, LKPP, Kejagung

etc. Institutional building Deal with internationally acknowledged third

parties for its reputation and credibility such as: Lawyers, Banks, Vendors, Manufacturers, Consultants etc.

Using world best practices, world-wide industries standards, capital market protocols and standards etc 2/26/2013 Setio Anggoro Dewo CFO and Risk Management 6

Benefit

Subsidy

Same amount of IDR, more Capex and Opex

Credibility

National Impact

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Key Success Factors

Conducive environment

Honest

Open and straight communication

No conflict of interest

Objective

Credible

Strong Integrity

Independence

Solution oriented

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Thank You

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