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Plastics-man Tony named as business leader of the year
The Jakarta Post, Jakarta

September 26, 2005
The chief executive of the country's largest plastic packaging firm,
Tony Tirtadjaja Hambali, has been named "Indonesia Business Leader of
the Year" and will represent Indonesia in CNBC Asia Pacific's inaugural
awards for the region.
The president director of PT Dynaplast, Tony received the top honors
from CNBC Asia Pacific late on Friday in recognition of his ability to
retain loyal customers, inspire and motivate staff, grow profitability
and turn corporate visions into reality.
Meanwhile, Johannes Setijono, the president director of pharmaceutical
company PT Kalbe Farma, was named the "Indonesia Innovator of the
Year", for his achievements in new product development and
groundbreaking business processes, business models and strategies.
Other winners of the Indonesia Business Leaders Award (IBLA) were
Maruli Gultom, the president director of plantation firm PT Astra Agro
Lestari, and Setyono Djuani Darmono, the chief executive officer of
industrial area management firm PT Kawasan Industri Jababeka.
Maruli received the "Indonesia Corporate Citizen of the Year" award for
his outstanding contribution to the arts, education, the environment
and community development, while Setyono Djuandi Darmono was "Indonesia
CEO's Choice of the Year", based on a poll conducted among top
executives throughout Asia and the Pacific.
CNBC Asia Pacific presented the IBLA 2005 -- the fourth since 2001 --
with Bank Mandiri, in association with PT Astra International business
group, the University of Chicago Graduate School of Business (GSB), and
human resources consulting firm Development Dimensions International.
The IBLA judging panel was headed by GSB's dean of executive MBA
programs, Professor Mark E. Zmijewski. Its members included former
minister of cooperatives and small- and medium-sized enterprises,
Subiakto Tjakrawerdaja, among others.
The panel chose the recipients based on an assessment of the sales
growth, operating margin, earnings-before-interest and return on
capital employed of the candidates' companies, and on a face-to-face
interview to understand their management style and business visions.
Dynaplast currently controls 40 percent of Indonesia's plastic
packaging market share, with revenues totaling Rp 420 billion (some
US$42 million) until the period ended June 30 -- up 18 percent from Rp
356.14 billion during the same period last year.
Kalbe Farma, which controls 19 percent of the local pharmaceutical
market share, meanwhile, booked Rp 2.18 trillion in sales and Rp 311
billion in net profit during the year's first half, both up 33 percent
and 40 percent, respectively, from the previous year.
Speaking at the IBLA ceremony, Coordinating Minister for the Economy
Aburizal Bakrie hoped the awards would encourage local businesses to
become the main agents of development in the country and lead the way
in competing at the regional and international levels
"The business sector should lead the way, with the government playing
the role of a good partner, supporting and creating the possibilities
for the business sector to flourish," he said.
The 2005 IBLA recipients will compete with other selected business
leaders from China, India, Japan, South Korea, Hong Kong, Malaysia,
Singapore, Thailand and the Philippines, at CNBC Asia Pacific's Asia
Business Leader Award on Nov. 9 in Kuala Lumpur. |
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