PT. Indika Energy Management
Management criteria checks 2/4
PT. Indika Energy's CEO is Azis Armand, appointed in Apr 2018, has a tenure of 7.58 years. directly owns 0.023% of the company’s shares, worth IDR2.11B. The average tenure of the management team and the board of directors is 6.9 years and 5.6 years respectively.
Key information
Azis Armand
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 6.9yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
CEO
Azis Armand (57 yo)
Mr. Aziza Armand, also known as Azis, served as Group Chief Executive Officer at PT. Indika Energy Tbk since July 2021 until 2025. He served as the President Commissioner of PT Mitrabahtera Segara Sejati T...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President Director | 7.6yrs | no data | 0.023% IDR 2.1b | |
| Owner & President Commissioner | no data | no data | 0.20% IDR 17.8b | |
| Group CFO & Director | 5.6yrs | no data | no data | |
| Head of Corporate Finance | no data | no data | no data | |
| Head of Investor Relations | 6.8yrs | no data | no data | |
| Senior VP and Chief Risk & Compliance Officer | no data | no data | no data | |
| Head of Corporate Legal | no data | no data | no data | |
| Head of Human Capital & Services | no data | no data | no data | |
| Chief Corporate Affairs Officer | no data | no data | no data | |
| Head of Internal Audit | 7yrs | no data | no data | |
| Senior VP & Head of Corporate Planning | no data | no data | no data | |
| Senior VP & Head of Business Development | no data | no data | no data |
Experienced Management: INDY's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President Director | 18.8yrs | no data | 0.023% IDR 2.1b | |
| Owner & President Commissioner | 8.8yrs | no data | 0.20% IDR 17.8b | |
| Group CFO & Director | 5.6yrs | no data | no data | |
| Group Chief Portfolio Officer & Director | 5.6yrs | no data | no data | |
| Independent Commissioner | 5.6yrs | no data | no data | |
| Commissioner | less than a year | no data | 0.023% IDR 2.1b | |
| Independent Commissioner | 5.6yrs | no data | no data | |
| Vice President Commissioner | less than a year | no data | 0.092% IDR 8.4b | |
| Director | less than a year | no data | 0.0038% IDR 349.6m | |
| Commissioner | less than a year | no data | no data | |
| Director | no data | no data | no data | |
| Director | less than a year | no data | no data |
Experienced Board: INDY's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/29 20:04 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PT. Indika Energy Tbk is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daisy Suryo | BofA Global Research |
| Ryan Davis | Citigroup Inc |
| Ahmad Solihin | CLSA |