• Corporate Governance

Corporate Governance PT Sequis Aset Manajemen

Corporate Governance is a series of processes, policies and rules that govern the company professionally based on the principles of transparency, accountability, responsibility, independence, fairness and equality.

The implementation of the principles of Good Corporate Governance (GCG) at PT Sequis Aset Manajemen (SQAM) is expected to increase the value and long-term business growth in continuously not only for Shareholders but also all stakeholders.

The responsibility for managing the Company lies with the Board of Directors under the supervision of the Board of Commissioners, whereas each of whom is appointed by the General Meeting of Shareholders. In performing its duties and responsibilities, the Board of Director and Board of Commissioners are referring, among others, to:

  • Law of Republic of Indonesia No.40 Year 2007 concerning Limited Liability Company;
  • Bapepam-LK Regulation No.V.A.3, Attachment to the Bapepam-LK Decree No: KEP-479/BL/29 concerning Licensing of Securities Company Who Conduct Business as Investment Manager;
  • OJK Regulation No.24/POJK.04/2014 concerning Guidelines for the Implementation of Investment Manager’s Function;
  • OJK Regulation No.27/POJK.03/2016 concerning Fit and Proper Test for Main Parties in Financial Service Institution;
  • OJK Regulation No.10/POJK.04/2018 concerning the Implementation of Good Corporate Governance for Investment Manager;
  • Deed of Establishment No.47 dated 20th January 2015 made before Rudi Siswanto, SH, Notary in Jakarta;

and all its amendment and/or implementation regulation.

Board of Commissioners

The company must have at least 2 (two) members of the Board of Commissioners, of which 1 (one) of them shall be the Independent Commissioner.
Members of the Board of Commissioners are appointed by the Shareholders at the General Meeting of Shareholders (GMS).

The duties of the Board of Commissioners are to supervise the management of the Company by the Board of Directors, providing advice to the Board of Directors and performing work whose duties and authorities have been determined in the Company's Articles of Association.

The Board of Commissioners should conduct a meeting at least once in every 3 (three) months or at any time deemed necessary.

Board of Directors

The company must have at least 2 (two) members of the Board of Directors. The Board of Directors is appointed and dismissed by the General Meeting of Shareholders (GMS).
The Board of Directors duty is to carry out and be responsible for managing the company for the benefit of the company in accordance with the goals and objectives of the company which are set out in the articles of association in good faith, prudence, and full responsibility.

The Board of Directors has the right to represent the Company in and outside the court, regarding all matters and in all events, binding the Company with other parties and other parties with the Company, as well as carrying out all actions, both regarding management and ownership, but with restrictions as specified in Company's Articles of Association.

The Board of Directors should meet at least once in every 2 (two) months or any time when deemed necessary. Decisions on meetings are made based on consensus or in accordance with the provisions of the Company's Articles of Association.

Risk Management, Compliance and Internal Audit

The implementation of risk management, compliance and internal audit functions is coordinated by a coordinator who has a direct reporting line to the Board of Commissioners and the President Director. This function acts independently and has unlimited access to other Investment Manager functions.

  • The risk management function is responsible among others for monitoring and periodically reviewing the implementation of the Risk Management strategy, monitoring the overall risk position and implementing Risk Management effectively in accordance with the size and complexity of the Investment Manager’s business.
  • The Compliance Function is responsible among others for ensuring the Investment Manager's compliance with applicable laws and regulations as well as ensuring the implementation of a business continuity plan in accordance with the policies set by the company.
  • The Internal Audit function is responsible among others for planning, controlling, and recording all the implementation of internal audit activities and preparing the internal audit report to be submitted to the Board of Commissioners.


Standard of Business Conduct

The standard of business conduct of SQAM outlines the ethical and professional responsibilities of its staff. By adopting and enforcing a Code of Conduct, the Company demonstrates its commitment to ethical business behavior and the protection of clients’ interests.

The standard of business conduct contains the core of Sequis value as follow:

Security
We strive to provide financial security and stability to all our stakeholders, shareholders, policyholders, employees and our partners.

  • Problem Solving
  • Quality Orientation
  • Communication
  • Result Orientation
  • Productive
  • Ensure Timeliness & Accuracy
  • Create Improvement
  • Find Solution
  • Plan & Prioritize
  • Prudent

Empowerment
We guide and develop our employees to be leaders in their own areas by creating a sense of ownership and accountability.

  • Follow Through
  • Accept Accountability
  • Delegate & Monitor
  • Make Decision & Responsible for his / her mistake

Quest for Knowledge
We keep ourselves updated of the current industry practices and trends.

  • Application of Knowledge
  • Open to Feedback
  • Passion to Learn
  • Initiative
  • Share Knowledge/Skill
  • Updated with information
  • Open for Ideas

Unity
We cooperate and support each other by sharing ideas and knowledge to achieve common objectives.

  • Collaboration
  • Engagement
  • Interpersonal Relationship
  • Teamwork
  • Empathy
  • Acknowledge Other’s Effort & Success
  • Resolve Conflict

Integrity
We practice honesty, openness, trustworthiness when dealing with others and ourselves.

  • Honesty
  • Work Ethics
  • Credible to Manage Confidential Data
  • Attendance (Punctuality & Absence)
  • Discipline
  • Respectful

Service Excellence
In everything we do, we are committed to deliver the best value to exceed expectations of our internal and external customers.

  • Customer Focus
  • Quick Response
  • Compliance to Service Level Agreement (SLA)
  • Sincere & Accept Feedback from Customer

These core values are adopted to ensure and provide guiding direction for all employees to adhere to all operational accountability standards of the company. All employees are obligated to adopt high standard of business conduct and to report immediately any situation that may violate these core values.

  • Sequis

    YOUR BETTER TOMORROW

  • Sequis

    FINANCIAL

  • Sequis

    ASSET MANAGEMENT

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