Suryo Bambang Sulisto

Introducing Suryo Bambang Sulisto: member of the INS Indonesia Board


Suryo Bambang Sulisto – SBS – was born in 1947 in Surakarta, Central Java.

His first business endeavor was to establish the construction and oil mining company PT Satmarindo Group, in 1975. The company — which now operates in steel, coal mining, tourism and retail as well as sea and air transportation — also invests in a palm oil plantation in Central Sulawesi and a liquefied petroleum gas (LPG) terminal in Banten.

Besides leading Satmarindo Group, Suryo is president commissioner at coal mining company PT Bumi Resources — controlled by the Bakrie family — and at PT Giordano Indonesia.

He used to be a chairman at PT Jamsostek and a presidential envoy for the North, Central and South American regions tasked with improving economic cooperation with, and increasing investments from, countries in those regions.

Not only has Suryo built a solid name for himself in the business community, he is also well-recognized for his involvement in many organizations.



Suryo Sulisto completed his undergraduate studies at the University of Wisconsin in the US, majoring in economics and business. He then obtained his masters’ degree at the Washington International University.


Current and previous involvements:

  • President of the Indonesian Indigenous Businessman’s Association (HIPPI) to help improve local enterprises.
  • President for the Indonesian Chamber of Commerce and Industry (KADIN) for the Trade Promotional Affairs and Tourism & Investment, chairman of Kadin’s England and Brazil committees.
  • Special representative of the President of the Republic of Indonesia for the North, Central and South American Regions.
  • President Commissioner of PT. Bumi Resources Tbk since 2001, Vice President Commissioner since 2012 and Independent Commissioner from 2013-2015.
  • Founder (1980) and first chairman of the Indonesian chapter of the Young Presidents’ Organization (YPO), a reputable organization for young business leaders around the globe.
  • President of the Association of Southeast Asian Nations Travel Association (ASEANTA)
  • Head of the organizing committee for the ASEAN business summit in 1997.
  • Government-appointed country’s representative at the business council of the Asia-Pacific Economic Cooperation (APEC).