Good Performance in 2023, Brantas Abipraya Wins the 2024 Indonesia Living Legend Companies Awards
Jakarta, 15th February 2024 - Continuing to be committed to providing superior performance amidst Indonesia's fluctuating economic conditions, PT Brantas Abipraya (Persero) was named Silver Living Legend Company in Expanding Project Portfolio Through Various Infrastructure Works at the prestigious Indonesia Living Companies Awards which took place in JS Luwansa Hotel Jakarta (31/1). Dian Sovana, Corporate Secretary of Brantas Abipraya was present to represent the Company, receiving the award on this occasion.
"The Indonesia Living Legend Companies Awards is proof of Brantas Abipraya's commitment to continue to innovate and adapt to developments in the construction industry so that it can grow into a superior construction company that is able to compete in the competitive and dynamic world of national construction," said Sugeng Rochadi, Main Director of Brantas Abipraya.
This achievement cannot be separated from strengthening corporate governance, which management believes is fundamental in carrying out sustainable business processes. This is proven by the Good Corporate Governance (GCG) score achieved in the 2022 assessment of 88.057 and in the Very Good category.
Not only that, the Excellent predicate was also achieved by Brantas Abipraya by the Financial and Development Supervisory Agency (BPKP) in terms of corporate accountability through the ICORPAX assessment in the same year period with a score of 85.96. This measurement is through a composite of five Individual Indexes which are used to measure the accountability of BUMN as managers of Separated State Assets (KNYD) in supporting finance and development and realizing community welfare.
Suradi, Director of Finance and Risk Management at Brantas Abipraya, added that the Company's optimal performance was also achieved based on Brantas Abipraya's principled performance procedures by upholding the principle of prudence to ensure that the Company could continue to grow sustainably. This construction BUMN has also been declared competent as a Qualified Risk Governance Professional (QRGP) and Qualified Chief Risk Officer (QCRO) in the spirit of providing the best in risk management.
“We adhere to the principles of effective risk management, in order to create a company that grows sustainably. "Good risk management is one of the pillars that strengthens performance achievements," said Suradi.
Sugeng Rochadi said, by understanding best practices in risk governance structures and how to integrate them with business strategy, this prepares leaders who always prioritize transparency, accountability and compliance with risk-related regulations. This is the key to facing complex challenges in the modern business era. His party also continues to encourage Abipraya people to always provide superior performance without neglecting risk management aspects.
In line with what Sugeng Rochadi said previously, Dian Sovana, Corporate Secretary stated that Brantas Abipraya had issued a circular prohibiting employees from running a business or similar business to the company and/or collaborating with partners or vendors who have affiliated relationships or relationships with other parties. which has the potential for a conflict of interest. This circular was also issued on September 26 2023.
"We dedicate this award to the Abipraya people who have worked smart and hard. Brantas Abipraya will continue to strengthen its commitment to continuously improve services and maintain superior construction quality in building national infrastructure," concluded Sugeng Rochadi.
