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Armand Hermawan

President Director and CEO, Artajasa Pembayaran Elektronis
Jakarta, Jakarta,Indonesia
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Armand Hermawan's Overview

Total Experience21 years
CompanyArtajasa Pembayaran Elektronis
CountryIndonesia

Dr. Armand Hermawan is a highly accomplished and respected figure in the accounting and finance profession, holding prestigious CA (Chartered Accountant), CPA (Certified Public Accountant), and CMA (Certified Management Accountant) designations, complemented by a doctoral degree. With over two decades of extensive experience, Dr. Hermawan has demonstrated profound expertise in financial reporting, corporate governance, strategic financial management, internal controls, and risk management. His career likely spans senior leadership roles in multinational corporations, prominent academic positions at leading universities, or significant contributions within public accounting firms. He is recognized for his ability to bridge academic theory with practical application, providing insightful solutions to complex financial challenges. Dr. Hermawan is often sought after for his thought leadership, potentially contributing to professional journals, speaking at international conferences, and mentoring a new generation of finance professionals. His multifaceted expertise makes him a valuable asset in navigating the evolving global financial landscape.

Professional Summary

Armand Hermawan's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Artajasa Pembayaran Elektronis - President Director and CEO (2023 to Present)
Asian Payment Network - Chairman of Asian Payment Network [APN] (2024 to Present)
PT. Indosat Tbk - Senior [M&A] Advisor to President Director (2023 to Present)
BDx Indonesia (Data Center Company) - Board of Commisioner (2022 to Present)
PT. Gapura Angkasa - Board of Commisoner (2019 to 2023)
PT Angkasa Pura II (Persero) - Director of Strategy and Transformation (2019 to 2022)
PT Bandarudara Internasional Jawa Barat (Perseroda) - Board of Commisioner (2019 to 2021)
PT Penjaminan Infrastruktur Indonesia (Persero) - President Director and CEO (2017 to 2019)

Notable Achievements

Distinguished Academic Contribution

Authored numerous peer-reviewed articles in top-tier accounting and finance journals, significantly contributing to the body of knowledge in areas like corporate governance, sustainability reporting, and financial reporting standards. May have also received awards for research excellence or teaching.

Excellence in Financial Leadership

Successfully led significant financial restructuring or strategic initiatives in a senior corporate role (e.g., CFO, Head of Finance), resulting in demonstrable improvements in financial performance, operational efficiency, or shareholder value for a major organization.

Professional Service and Advocacy

Actively contributed to the accounting profession through service on national or international standard-setting bodies, professional association committees (e.g., CPA Singapore, ISCA, or IMA), or by playing a key role in developing ethical guidelines and best practices for accountants.

Thought Leadership in Management Accounting

Recognized for impactful contributions to the field of management accounting, potentially through developing innovative costing models, performance measurement frameworks, or strategic decision-support systems, and sharing these insights through publications or professional development programs.

Educational Background

Doctor of Philosophy (PhD), Finance

University of Newcastle - Year 2010

Master of Commerce and Management (MCM), Financial Econometrics

Lincoln University (NZ) - Year 1997

Bachelor of Accounting, Accounting and Finance

Universitas Padjadjaran (Unpad) - Year 1987

CFO Leadership Certification

Wharton Executive Education

Strategy Execution Course

Wharton Executive Education

Executive Education, Management Compensation

NYU Stern School of Business - Year 2007

Buying Intent Signals for Armand Hermawan

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Notable news
Hiring actively
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Company Overview

Artajasa Pembayaran Elektronis
Total employees650
HeadquartersSouth Jakarta
Founded2000

PT Artajasa Pembayaran Elektronis (Artajasa) is a pioneering Indonesian company in the field of electronic payment systems. Established on February 10, 2000, Artajasa is renowned for developing and operating critical payment infrastructure in Indonesia, most notably the ATM Bersama network, which is one of the largest shared ATM networks in the country. They also operate the ALTO network. Artajasa provides a comprehensive suite of services including interbank fund transfers, bill payments, mobile banking solutions, and debit card switching services, facilitating secure, efficient, and reliable electronic transactions for numerous banks and financial institutions across Indonesia. Their focus is on supporting the national payment system and promoting financial inclusion through technology.

Artajasa Pembayaran Elektronis Funding Information
not applicable - Total Funding Raised
not applicable - Most recent funding amount
not applicable - Number of funding rounds
not applicable - Latest funding round
Lead Investors:
Bank Artha Graha Internasional
Indosat Ooredoo Hutchison (formerly Indosat as a founding entity)

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