Rafael Buhay Concepcion, Jr. has been appointed Chief Financial Offer of Golden Agri-Resources Ltd.
Concepcion replaces Simon Lim who has been promoted to Deputy President with main responsibilities to oversee and assist the Executive Chairman and Chief Executive Officer on corporate and growth strategy, strategic investments, overall financial management, and people and organization development of the GAR group. He remains as an Executive Director of the Company.
As CFO, Concepcion will oversee all financial activities of the Group, including corporate finance, treasury, accounting, financial reporting, information technology, internal control and enterprise risk management. He will continue to have oversight of investor relations and corporate communications of the group.
Concepcion has been Executive Director of the company since August 2002. He is also currently Commissioner of PT Sinar Mas Agro Resources and Technology Tbk (subsidiary of GAR). He joined PT Sinar Mas in April 1997 as General Manager for Finance and Business Development.
Prior to joining the PT Sinar Mas, Concepcion Executive Director and CFO of Sinarmas Land Limited from December 2006 to April 2012. From July 2004 to December 2006, he was Executive Director of the company. He joined Sinarmas in August 2002 as Executive Vice President, Corporate Finance.