Thomas Lembong Explained

Thomas Trikasih Lembong
Office:18th Chair of the Investment Coordinating Board
Termstart:27 July 2016
Termend:23 October 2019
Predecessor:Franky Sibarani
Successor:Bahlil Lahadalia
Office1:30th Minister of Trade
Termstart1:12 August 2015
Termend1:27 July 2016
President1:Joko Widodo
Predecessor1:Rachmad Gobel
Successor1:Enggartiasto Lukita
Birth Date:1971 3, df=y
Birth Place:Jakarta, Indonesia
Alma Mater:Harvard University
Party:Independent
Native Name Lang:zh
P:Wāng Lián Wàng
Poj:Ong Liân Ōng
T:汪連旺[1]
S:汪连旺

Thomas Trikasih Lembong (born 4 March 1971), colloquially known as Tom Lembong, is an Indonesian politician. Since 27 July 2016, he has been Head of Indonesia's Investment Coordinating Board (Badan Koordinasi Penanaman Modal). He formerly served as Minister of Trade of Indonesia from 12 August 2015 to 27 July 2016.[2] [3]

On 29 October 2024, the Attorney General's Office named Tom Lembong as a suspect in the sugar import corruption case.[4] [5]

Finance career

Main positions held by Thomas Lembong before becoming Head of the Investment Coordinating Board include the following:

Minister of Trade

On 12 August 2015, President Joko Widodo ("Jokowi") appointed Thomas Lembong as Minister for Trade in the first cabinet reshuffle since the Jokowi administration had taken office on 27 October 2014.[6] Thomas Lembong held the position until he was appointed as Head, Investment Coordinating Board, in July 2016.[7] On taking over as Head of the Investment Coordinating Board, he described President Jokowi's economic reform philosophy as having two principles: openness and competition.

He emphasised that following the cabinet reshuffle and the appointment of Enggartiasto Lukita as the next Trade Minister, he expected that there would be policy continuity in trade and investment policy in Indonesia.[8]

Notes and References

  1. Web site: 2019-10-20 . 咱唱反调:汪部长言过其实 印尼投资环境鬼见愁 . Let’s play devil’s advocate: Minister Wang’s exaggeration makes Indonesia’s investment environment very worrying- . 2024-02-13 . guiwan.iotasilane.com.
  2. Web site: Pegatron investment in Batam not yet confirmed: BKPM. Rachmadea Aisyah. The Jakarta Post. 21 December 2018. 14 December 2018.
  3. Web site: Money Matters. August 8, 2018. The Business Year. 21 December 2018.
  4. Web site: Naibaho. Rumondang. Kejagung Tetapkan Tom Lembong Tersangka Korupsi Impor Gula. detiknews. id-ID. 2024-10-29.
  5. Web site: 2024-10-29. Tom Lembong Ditetapkan Tersangka, Disidik sejak Oktober 2023. Kompas.id. id. 2024-10-29.
  6. Web site: Humble, pragmatic minister who bears similarities to Jokowi. Arlina Arshad. 15 February 2016. The Straits Times. 21 December 2018.
  7. Web site: Former Trade Minister: Indonesia Is Seeing Recovery. Bloomberg. 20 September 2016 . 21 December 2018.
  8. Thomas Lembong, 'Insight: President Jokowi's trade policy: Onwards and upwards', The Jakarta Post, 10 August 2016.