1. Startup

Bukalapak Announces the New CEO Rachmat Kaimuddin as Achmad Zaky's Successor

Zaky is to take the role of an advisor and build a foundation

Bukalapak today (12/9) announced a slight change in the C-Level management, effective on January 6th, 2020. Rachmad Kaimuddin will take over the CEO position, while Achmad Zaky is to take the role of an advisor (also Co-Founder).

In addition, Zaky is to launched the "Achmad Zaky Foundation" and concentrated on mentoring startups in Indonesia. The foundation will be focused on science and education, entrepreneurship, impact investment, and research.

Fajrin Rasyid will stay as Bukalapak's President (and Co-Founder). Also Nugroho Herucahyono as the CTO (and Co-Founder), Willix Halim as the COO, Teddy Oetomo as the CSO, and Natalia as the CFO.

Bagus Hirmawan who recently joined the company last July will keep the position as Chief of Talent.

"We started Bukalapak with a personal aim to create a positive impact on SMEs. I'm very proud that in 10 years, Bukalapak has known as Indonesia's leading e-commerce in the world map. Today, we insist Rachmat join Bukalapak for better growth. I believe he is the right one who comes in the right time," Zaky added.

Rachmad was previously served as Bukopin's Director of Financial and Planning. He began his career as a Senior Associate in Boston Consulting Group. Also, he used to work as Managing Director PT Cardig Air Services, Chief Financial Officer PT Bosowa Corporindo, Managing Director PT Semen Bosowa Maros, VP Baring Private Equity Asia, and Principal of Quvat.

The new board is now focused on navigating the company for long- term journey. Under the new management, the company is to focus on issues related to talents, capital, and financial management, also tightening Bukalapak's role to support Indonesia's SMEs.

Original article is in Indonesian, translated by Kristin Siagian

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