Arsjad Rasjid Explained

Arsjad Rasjid
Office:11th Chairperson of the Indonesian Chamber of Commerce and Industry
Term Start:7 July 2021
Deputy:Anindya Novyan Bakrie
Predecessor:Rosan Roeslani
Birth Date:16 March 1970
Birth Place:Jakarta, Indonesia
Alma Mater:University of Southern California (BS)
Pepperdine University (BBA)
Known For:Founder and President Director of
Occupation:Businessperson

Arsjad Rasjid (born 16 March 1970) is an Indonesian businessman who is president director of the mining and energy firm . He also serves as commissioner in several other companies, and is currently chairman of the Indonesian Chamber of Commerce and Industry for the 2021–2026 term. In September 2023, he was appointed as chairman of the 2024 presidential bid of Ganjar Pranowo.

Early life and education

Arsjad Rasjid was born on 16 March 1970 in Jakarta. His father H.M.N. Rasjid had served in the Indonesian Army and originated from Palembang, while his mother Suniawati was of mixed Sundanese-Chinese descent.[1] He began studying abroad at the age of 9, when he began to study in Singapore.[2] He later studied computer science at the University of Southern California, and later received a bachelors in business administration from Pepperdine University in 1993.[3] During his studies in California, he met .[2]

Business career

After returning from their studies in the US, Rasjid and Lasmono co-founded a multimedia company, PT Prabu Wahana, in 1995. The company later was renamed to Indika, shorthand for Industri Multimedia dan Informatika (Multimedia and Information Industry). During the Asian financial crisis, Rasjid helped restructure of the company owned by Lasmono's father . Rasjid and Lasmono began showing an interest in the energy sector in 2002, initially intending to invest in power generation before discovering a strong demand from China for coal. The pair received funding from South Korean banks, and began operations in 2005.[2] Within Indika, Rasjid had become vice president director and president commissioner, but had primarily been president director, holding the position between 2007–2014 and since 2016. Outside Indika Energy and affiliated companies, Rasjid is also commissioner in several companies, including Grab Indonesia.[4]

In July 2021, Rasjid was elected by acclamation as chairman of the Indonesian Chamber of Commerce and Industry (KADIN) for the 2021–2026 term, replacing Rosan Roeslani. He took office on 7 July.[5] [6] He was the first KADIN chairman since 1994 to not have been affiliated with the Bakrie Group, with his primary competitor for the office being the group's CEO Anindya Bakrie.[7]

Political involvement

On 4 September 2023, Rasjid was appointed as chairman of Ganjar Pranowo's 2024 presidential campaign.[8] Although Rasjid had previously indicated his intention to join the campaign team,[9] he claimed that his appointment as chairman was done without prior communication and that he had found out about it from friends during an event who showed him online news articles about his appointment.[10]

Notes and References

  1. News: Profil dan Sepak Terjang Arsjad Rasjid, Ketua Tim Pemenangan Ganjar . 5 September 2023 . KOMPAS.com . 5 September 2023 . id.
  2. News: Indraini . Anisa . Kisah Bisnis Arsjad Rasjid, dari Jual Mesin EDC Belok ke Batu Bara Beraset Rp 51 T . 5 September 2023 . detikfinance . 21 January 2022 . id-ID.
  3. News: Firdaus . Farid . Profil Arsjad Rasjid dan Kiprahnya di Lintas Sektor: Grup Indika, Grab hingga Net TV . 5 September 2023 . Bisnis.com . 21 January 2022 . id.
  4. Web site: M. Arsjad Rasjid P.M. . Indika Energy . 5 September 2023 . id.
  5. News: Sandi . Ferry . Resmi! Tongkat Ketum Kadin Beralih dari Rosan ke Arsjad . 5 September 2023 . CNBC Indonesia . 7 July 2021 . id-ID.
  6. News: Aklamasi, Arsjad Rasjid terpilih jadi ketua Kadin . 5 September 2023 . Antara News . 2 July 2021 . id.
  7. News: Akhiri Riwayat Bakrie Group, Arsjad Rasjid Jadi Ketua Umum Kadin 2021-2026 . 5 September 2023 . TrenAsia . 28 June 2021 . id.
  8. News: Arsjad Rasjid resmi ditunjuk jadi Ketua Tim Pemenangan Ganjar . 5 September 2023 . Antara News . 4 September 2023 . id.
  9. News: Muliawati . Anggi . Arsjad Rasjid Ngaku Siap Jadi Tim Pemenangan Ganjar di Pilpres 2024 . 5 September 2023 . detiknews . 18 July 2023 . id-ID.
  10. News: Erwanti . Marlinda Oktavia . Arsjad Rasjid Ngaku Tak Diinformasikan soal Jadi Ketua TPN Ganjar . 5 September 2023 . detiknews . 5 September 2023 . id-ID.