Anindya Bakrie
Indonesian businessman (born 1974) From Wikipedia, the free encyclopedia
Anindya Novyan Bakrie (Indonesian: [ænɪndɪə nˈɑːvɪən bˈækɹi]; born 10 November 1974), is an Indonesian business magnate, global investor and prominent philanthropist. Through his business community leadership roles over the years, he represents Indonesia and Indo-Pacific business community voices in global forums and summits.[1] He is also a pioneer in Indonesia’s Electric Vehicle heavy mobility industry.[2]
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Anindya Bakrie | |
|---|---|
_(cropped).jpg) Official portrait, 2021 | |
| Born | Anindya Novyan Bakrie 10 November 1974 |
| Nationality | Indonesian |
| Education | Northwestern University (BS) Stanford University (MBA) |
| Occupation | Businessperson |
| Title | CEO and President of Bakrie & Brothers CEO of Bakrie Global Ventura Chairman of the Indonesian Aquatics Chairman of the Indonesian Chamber of Commerce and Industry Co-owner and Director of Oxford United |
| Spouse | Firdani Saugi |
| Children | 3 |
| Parent(s) | Aburizal Bakrie (father) Tatty Murnitriati (mother) |
| Website | http://www.aninbakrie.com/ |
Bakrie currently serves as the Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) for the 2024-2029 term[3][4] and Indonesia Chairman of the APEC Business Advisory Council, a position he has held since 2009.[5] ABAC is the private-sector arm of the Asia-Pacific Economic Cooperation, whose main mandate is to advise leaders and officials within APEC on issues of interest to business.[6] Anindya also serves as a member in the board of directors of Oxford United Football Club.[7]
Anindya is currently the CEO of Bakrie & Brothers,[8] which is popularly dubbed as the Bakrie Group, one of the oldest and largest conglomerates in Indonesia.[9] The group was credited for pioneering the supply of electric buses for public use in an Indonesian city.[10] Its electric vehicle arm VKTR Teknologi Mobilitas partnered with China’s BYD in 2018[11] to supply 52 electric buses that are today plying the Indonesian capital’s roads.[12] He is on track to pivot the Bakrie Group towards sustainable and digital businesses.
Bakrie & Brothers, which was first established as a general trading company in 1942, focuses its operations across industries including automotive components, building materials, toll roads, power plants, steel pipe manufacturing, news media network.[13]
One of the group’s business legacies is in coal mining and under Anindya’s leadership the business group is now transitioning towards the renewable sector.[14] Past profits accumulated by the Bakrie group from coal mining are now being reinvested into green projects and other efforts towards energy transition.[15]
The Bakrie Group’s coal miner Bumi Resources made it into the Top 10 global mining companies by market capitalization in 2022. The Bakrie Group has over the past years gradually reduced its stake in Bumi Resources.[16] Anindya and Indonesian state-owned enterprise minister Erick Thohir are the majority shareholders of English League One club Oxford United.[17] Anindya is the chairman of VKTR Teknologi Mobilitas, an Electric Vehicle technology company, the founder and CEO of the Visi Media Asia (VIVA) Group, which operates television news and sports channel TVOne, entertainment channel ANTV and online news portal VIVA.co.id.[18] He is also the founder of the Bakrie Center Foundation, which serves as a platform for Anindya's philanthropic activities.[19]
Since January 2022, he has been serving as a board of governor for Automotive and New Mobility at the World Economic Forum (WEF).
Early life and education
Anindya was born in Jakarta, Indonesia on November 10, 1974, and is the elder son of Aburizal Bakrie and Tatty Murnitriati. He is the eldest grandson of Achmad Bakrie, who founded Bakrie Group in 1942, which is now known as Bakrie & Brothers. Anindya Bakrie married Firdani Saugi and has three children.[20][21]
He attended Triguna Elementary School and graduated in 1986 before continuing his secondary education at Pangudi Luhur Catholic High School in Jakarta. He was then enrolled in Phillips Academy in Andover, Massachusetts, a high school in the United States.[20] He earned a Bachelor's degree in Industrial Engineering from Northwestern University, Illinois, in 1996.[1]
Having an urge to pursue more advanced educational credentials and motivation to follow in his father’s and grandfather’s footsteps in entrepreneurship, Anindya went on to undertake a postgraduate study and managed to obtain a Master's degree from the Global Management Immersion Experience program at Stanford Graduate School of Business in 2001. He then sought to bridge students to be able to pursue education at Stanford Business School through the Bakrie Center Foundation.[22]
Career
Summarize
Perspective
Anindya began his career as an investment banker at Salomon Brothers, Wall Street, in the United States in 1996.[23] In 1997, his father, Aburizal Bakrie, asked him to return to Indonesia following the 1998 riots. After receiving his M.B.A from Stanford, he then served as Deputy to Chief Operating Officer and Managing Director of Bakrie & Brothers.[24]
Bakrie has been involved in various business ventures throughout his career. He has served as a Director of PT Bakrie Telecom Tbk since 2007 and as a Director of PT Bakrie Sumatera Plantations Tbk since 2008. He also served as a Director of PT Bakrie & Brothers Tbk from 2005 to 2007.[25]
Business and Community Leader
Chairman of KADIN Indonesia (2024-2029)
With nearly 25 years of dedicated service to KADIN Indonesia, Anindya N. Bakrie now leads the Indonesian Chamber of Commerce and Industry (KADIN) as Chairman for the 2024-2029 term, following his role as Chairman of the Advisory Board for the 2021-2024 period.[26] Anindya’s promotion to Chairman reflects his strategic contributions to KADIN’s mission of fostering collaboration between Indonesia’s private sector and the government, enabling economic resilience and growth.[27]
Under his leadership, KADIN is actively mobilizing private sector support nationwide to achieve the Prabowo-Gibran administration’s ambitious target of 8% economic growth.[28] Anindya’s vision emphasizes key priorities, including digital innovation, infrastructure development, and sustainable practices, to strengthen Indonesia's economic position.[29] His tenure seeks to enhance KADIN’s influence through strategic partnerships and investments aligned with national development goals, fostering a vibrant business ecosystem that contributes to Indonesia's broader socio-economic objectives.[30]
Media
Bakrie has been involved in the media industry since he joined Cakrawala Andalas Televisi (ANTV) in Indonesia. In 2002, he sent a debt restructuring proposal to more than 200 creditors and persuaded them to restructure their debt into equity. This reduced the debt to zero, even though it meant cutting Bakrie's stake from 60% to 21%. Bakrie also made content adjustments, changing the mix from individual general programming to focus on family-friendly shows such as quiz programs, children's shows, and football matches.[31]
In 2007, he acquired a second TV station, Lativi Media Karya, from businessman and former Minister of Manpower Abdul Latief. The station was renamed TV One and restructured to focus on news for middle-class viewers. Together, ANTV and TVOne control about 15.6% of TV advertising expenditure in Indonesia. In 2011, Bakrie collaborated with Erick Thohir to acquire both TV stations, plus the online news portal Vivanews. In Visi Media Asia, or the Viva group, Bakrie serves as the chairman and Erick Thohir is the president director.[31]
In 2014, the Bakrie Global Group invested in Series C in Path, a personal social network with active users in Indonesia reaching 4 million people.[32] However, the Path social networking site was eventually closed on 18 October 2018.[33]
Telecommunications
Bakrie served as the President Director and CEO of PT Bakrie Telecom Tbk from December 2003 to January 2012. Bakrie Telecom is a publicly listed company in Indonesia that provides CDMA-based wireless telecommunications services, including mobile phones, fixed-line phones, international direct dialing, long-distance calling, internet access, and value-added services. During his tenure, the company grew to become the largest public CDMA operator in Indonesia, with over 11 million subscribers in 2011. However, the company faced financial difficulties and was eventually acquired by PT Smartfren Telecom in 2014.[34]
Electric vehicles
Bakrie Group’s VKTR, which builds electric buses and trucks, listed its initial shares on Indonesia Stock Exchange on 19 June 2023. The Jakarta-based auto assembler is supported by China’s BYD Automobile, a producer of the lithium iron phosphate battery. Bakrie is the chief commissioner of VKTR.[35][36] The company raised 875 billion rupiah ($58.4 million) in the initial public offering (IPO) on 19 June 2023.[37]
In March 2022, VKTR supplied 30 electric buses to the Jakarta city administration to be deployed for public transport.[38] Another 22 electric buses were added by VKTR in December 2022, raising the electric bus fleet of the Jakarta capital city to a total of 52.[39] These 52 buses, for 14 months from March 2022, were used by 10 million riders and 5.5 million tonnes of carbon dioxide were avoided, equivalent to restoring 250,000 trees a year.[40]
Football club ownership
In September 2022, along with Erick Thohir, Bakrie bought a 51% share in English football club Oxford United, then in EFL League One.[41][42][43]
Philanthropy
In addition to his business ventures, Bakrie is also involved in various social and philanthropic activities. He helps bridge collaboration between the Nusantara Capital City (IKN), which is committed to developing net zero emissions capital city, and the Stanford Doerr School of Sustainability. The Stanford Doerr and the Indonesian government agreed to seek opportunities for collaboration on various projects that are still in line with the Stanford scholarship program and Indonesia's sustainable development goals. These projects may include, among others: low-carbon economic development, financing the transition to a more sustainable society, meeting pressing food priorities, and building a new, sustainable capital city, Nusantara.[44]
References
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