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The A-List Indonesia 2022 Header Banner

Based on research conducted by Asia Business Law Journal, the following are Indonesia’s top 100 lawyers.

Click here to read the editorial report that accompanies the A-List.

Biographies and contact details, where provided, were written by the lawyers themselves and have not been independently verified.


Bono Daru Adji

Assegaf Hamzah & Partners
Managing Partner
Key practice areas: Capital markets; corporate & commercial; joint ventures; M&A; private equity, venture capital & funds


Lia Alizia

Makarim & Taira S
Partner

Email: lia.alizia@makarim.com
Key practice areas:
Competition & antitrust; IP; labour & employment; litigation; M&A
Lia Alizia is a talented lawyer, litigator, a leading advisor to many top businesses worldwide, and also one of the country’s foremost legal practitioners, having been involved in some of the most high-profile matters over the years. She is the managing partner and leads the corporate, commercial, and litigation and dispute resolutions departments of Makarim & Taira S. She provides expert advice and oversight in large, complex corporate negotiations, and brings over 20 years of experience in managing legal aspects of commercial, transactional and corporate governance matters, including civil matters and family law, such as estate and succession legal issues.

Lia adheres to strict ethical principles when representing clients before Indonesian courts and arbitration panels. Her practice does not only focus on litigation but also aims to provide advice to clients on how to minimise potential risks related to employment, anti-bribery, anti-corruption and litigation issues.

She is a sworn translator, author of a number of significant publications, and often speaks at local and overseas seminars and training programs on employment, litigation and corporate matters. She is also an instructor faculty at TRACE Anti-Bribery Specialist Accreditation, an intellectual property rights consultant and a chairwoman of the Board of Inter-Agency Cooperation of Indonesia Labour Law Consultant Association.


Miriam Andreta

Walalangi & Partners
Partner
Key practice areas: Banking & finance; M&A; antitrust; capital markets; oil & gas


Ignatius Andy

Ignatius Andy Law Offices
Founder

Tel: +62 21 515 0350
Email:
ignatius.andy@ignatiusandy.com
Key practice areas:
Arbitration & ADR; bankruptcy & insolvency; competition & antitrust; labour & employment; litigation
Ignatius Andy graduated cum laude in 1992 from Parahyangan Catholic University and started his legal career at Makarim & Taira S, concentrating on commercial dispute resolutions and corporate commercial matters. He joined Hadiputranto Hadinoto & Partners (HHP), the correspondent office of Baker McKenzie in Jakarta, in 1996 in the banking and finance practice group, which later he played a significant role in the establishment and leadership of the HHP’s litigation practice group. He became partner of HHP in 2001.

In July 2004, he established Ignatius Andy Law Offices (IALO), which has been recognised as a prominent boutique law firm in Indonesia for years. IALO grows substantially due to the rapid expansion of its legal services and client base. IALO focuses its practice on antitrust issues, dispute resolution, as well as corporate and commercial matters. The firm’s dispute resolution and corporate commercial services include domestic, international, and complex civil and commercial proceedings, bankruptcy, suspension of payment, business competition judicial proceedings, domestic and international arbitration, debt restructuring and corporate and commercial transactions.

As an acknowledgement of the high-quality services, Ignatius Andy and IALO has received various reputable awards as a leading lawyer and the law firm of the year for dispute resolution, litigation, arbitration and alternative dispute resolution, corporate, finance and financial transaction, labour and employment, business competition, by Asialaw Leading Lawyer, Chambers Asia Pacific, Corporate-INTL, Asian-Mena Counsel, Monthly Finance Global Awards, Legal Comprehensive, DealMakers, M&A Global Rankings, Global Law Experts and Lawyers World Law Award, among others.

During his professional practice, Ignatius Andy has been representing and assisting numerous clients, e.g. Procter & Gamble, the World Bank, Coca Cola, Carrefour, Newmont Corporation, Unilever, L’Oreal, Exxon, Sumitomo Mitsui Banking Corporation, Nestlé, Prudential, Manulife, IBM, Citibank, Astra International, Vale Indonesia, Sanofi – Aventis, Kraft Foods International, Goodyear, Indofood, Dupont, DOW Chemical, Pfizer, GlaxoSmithKline, Caterpillar, UBS, Credit Suisse AG Singapore, Telkomsel and SEA.

Currently, Ignatius Andy is listed as an arbitrator at the Singapore International Arbitration Centre (SIAC), the China Maritime Arbitration Commission, the Indonesian Arbitration and Mediation Centre (PAMI), and a member of the International Chamber of Commerce (ICC) International Court of Arbitration.


Arie Armand

Armand Yapsunto Muharamsyah & Partners
Partner

Email: arie@aymp.law
Key practice areas:
Banking & finance; capital markets; corporate & commercial; M&A; securitisation & structured finance
Upon graduation from his undergraduate study at Universitas Padjajaran, Arie continued his studies at the Indiana University Maurer School of Law, Bloomington, Indiana, US. He now frequently advises international banks on structuring their cross-border transactions, particularly on offering their securities and structured product in Indonesia.

Arie is also the anchor partner at Armand Yapsunto Muharamsyah & Partners for capital markets and derivative transactions, two of the legal practice areas he pioneered. He was actively involved in developing the first multi project limited participation mutual fund (akin to offshore private equity fund) and successfully led teams of lawyers to assist in the USD700 million, the biggest rights issue transaction in Indonesia.

Arie has successfully maintained an extensive list of long-standing clients. His trustworthy character also allows him to develop expertise and experience in assisting lenders in the debt restructuring of Indonesian conglomerates.


Ahmad Fikri Assegaf

Assegaf Hamzah & Partners
Co-Founder / Senior Partner
Key practice areas: Banking & finance; M&A


Ibrahim Assegaf

Assegaf Hamzah & Partners
Partner
Key practice areas: Banking & finance


Ivan Ferdiansyah Baely

IABF Law Group
Founding Partner

Tel: +62 21 5790 5090, +62 812 916 6705
Email: baely@iab-net.com

Key practice areas:
M&A; banking & finance; foreign investment; corporate & commercial; labour, employment & immigration
Ivan Ferdiansyah Baely obtained his Master of Laws degree at the University of Melbourne on completion of his law degree from the University of Indonesia. He is fluent in both Indonesian and English.

Before establishing IABF, his professional experience extends across a number of major firms in Jakarta, a government agency (the Indonesian Bank Restructuring Agency/IBRA) and a foreign consulting company. He has particular expertise in advising on mergers and acquisitions; banking and finance; debt restructuring; foreign investment; energy and mining; corporate and commercial law; labour, employment and immigration; bankruptcy and corporate secretarial work.

Baely is a licensed capital markets lawyer, along with being a receiver and administrator for bankruptcy. He is an active member of several professional organisations, including the Indonesian Advocates Association (Perhimpunan Advokat Indonesia), the Capital Market Legal Consultants Association (Himpunan Konsultan Hukum Pasar Modal), the Indonesian Competition Lawyer Association (ICLA), the Indonesian Receiver and Administrator Association (Asosiasi Kurator dan Pengurus Indonesia) and a registered consultant for Commercial Paper Transaction at Money Market (Lembaga Pendukung Pasar Uang yang Melakukan Kegiatan terkait Surat Berharga Komersial di Pasar Uang).


Wahyuni Bahar

Bahar & Partners
Managing Partner
Key practice areas: Aviation; infrastructure; M&A; project finance; technology, media & telecommunications


Theodoor Bakker

ABNR
Senior Foreign Counsel
Key practice areas: Project finance & development; banking & finance; derivative products; corporate & commercial; M&A


Benny Bernarto

TNB & Partners
Partner
Key practice areas: Corporate & commercial; M&A; emerging markets; energy & infrastructure


Tony Budidjaja

Budidjaja International Lawyers
Senior Partner
Key practice areas: Arbitration & ADR; capital markets; corporate & commercial; litigation; shipping


Tjahjadi Bunjamin

Hiswara Bunjamin & Tandjung
Founding Partner
Key practice areas: Finance; project finance; private wealth & charities


Bagus Nur Buwono

Bagus Enrico & Partners
Founding Partner
Key practice areas: Banking & finance; labour & employment; M&A; real estate; restructuring & insolvency


Michael Carl

SSEK
Advisor
Key practice areas: Competition & antitrust; corporate/M&A; real estate; restructuring & insolvency; TMT


Oscar Damarjati

Hendra Soenardi
Partner
Key practice areas: Banking & finance; corporate & commercial; M&A; power & energy; technology, media & telecommunications


Iqbal Darmawan

HHP
Partner – Head of Capital Markets Group
Key practice areas: Capital markets; M&A; disclosures, corporate governance, related party & material transactions


Melli Darsa

Melli Darsa &Co
Senior Partner
Key practice areas: M&A; securities & capital markets; regulatory


Agus Ahadi Deradjat

ABNR
Senior Partner
Key practice areas: Competition & antitrust; data protection; M&A; real estate; technology, media & telecommunications


Chandrawati Dewi

ABNR
Partner
Key practice areas: M&A; foreign direct investment; competition & antitrust; capital markets


Mita Djajadiredja

HHP
Senior Partner
Key practice areas: M&A; corporate; securities; private equity; corporate alliances


Ira Eddymurthy

SSEK
Founding Partner

Tel: +62 21 2953 2000, 521 2038
Email: iraeddymurthy@ssek.com
Key practice areas: Anti-corruption & anti-bribery; capital markets; competition & antitrust; corporate/M&A; insurance & reinsurance
Ira Eddymurthy is a founding partner of SSEK Legal Consultants and one of Indonesia’s most experienced and highly regarded lawyers. She has more than three decades of experience advising multinationals and domestic companies on Indonesia’s complex regulatory environment.

Ira specialises in corporate law and M&A, capital markets, banking and finance, including project finance, insurance law, and tax law. She has been named to the Legal 500 Hall of Fame for banking and finance for her years of continued excellence and praise from clients and colleagues. She is recognised by Asialaw, Chambers & Partners and The Legal 500 as a leading lawyer in Indonesia for corporate law/M&A. Ira is included in IFLR1000 Women Leaders, which recognises the leading female transactional lawyers in the world.

Ira is a member of the Indonesian Advocates Association (Peradi) and leads the international division of Peradi. She is a member of the Standards Board of the Association of Indonesian Capital Markets Legal Consultants.


Fransisca

Makes & Partners
Partner
Key practice areas: Banking & finance; bankruptcy & insolvency; M&A; private equity, venture capital & funds; real estate


Mohamad Idwan Ganie

Lubis Ganie Surowidjojo
Founding Partner

Tel: +62 21 831 5005
Email: ganie@lgslaw.co.id

Key practice areas:
Commercial transactions & disputes; corporate governance; fact-finding & investigation
RMP Mohamad Idwan (Kiki) Ganie, born in 1955 in Amsterdam, is an Indonesian national residing in Jakarta. He is a founding partner of an Indonesian law firm Lubis Ganie Surowidjojo (LGS) and has been practising law for more than 40 years.

He holds a PhD in law from the University of Hamburg. He specialises in commercial transactions and disputes and is admitted to the Indonesian bar. He is a fellow of the Singapore Institute of Arbitrators (FSIArb), president of the Indonesian Court of Arbitration for Sports, an arbitrator with the Singapore International Arbitration Centre and the Asian International Arbitration Centre in Kuala Lumpur, and registered arbitrator with Badan Arbitrase Nasional Indonesia (BANI) Arbitration Centre and the Court of Arbitration for Sport (CAS) in Lausanne.

For the last 25 years, Ganie has also been lecturing legal writing and legal reasoning at the University of Indonesia. He is the author of “Corporate acquisitions and mergers in Indonesia”.


Daniel Ginting

Ginting & Reksodiputro
Managing Partner
Key practice areas: Banking & finance; capital markets; corporate/M&A; projects; restructuring


Bonie Guido

Guido Hidayanto Partners
Partner
Key practice areas: Disputes & litigation; compliance; general corporate matters; project financing; energy


Ayik Candrawulan Gunadi

ABNR
Partner
Key practice areas: Banking & finance; capital markets; infrastructure; M&A; project finance


Indri Pramitaswari Guritno

HHP
Senior Partner
Key practice areas: Cross-border transactions; capital markets; banking; mining; property


Iqbal Hadromi

Hadromi & Partners
Managing Partner
Key practice areas: Litigation & international arbitration; banking & finance; M&A; mining & natural resources; oil & gas


Tarsis Halintar

Ginting & Reksodiputro
Partner
Key practice areas: Banking & finance; projects


Chandra Martha Hamzah

Assegaf Hamzah & Partners
Co-Founder / Partner
Key practice areas: Dispute resolution; IP; fraud & forensics investigation


Al Hakim Hanafiah

Hanafiah Ponggawa & Partners
Partne / Founding member
Key practice areas: Corporate & commercial; energy; real estate


Dianyndra Hardy

SSA Advocates
Partner
Key practice areas: Dispute resolution; bankruptcy & restructuring; corporate & commercial; real estate & construction


Andreas Hartono

Andreas Sheila & Partners
Senior Partner

Tel: +62 811 8070 448
Email: andreas@asplawoffices.com

Key practice areas:
M&A; capital markets; energy & natural resources; construction; project financing; restructuring & insolvency; dispute resolutions
Andreas Hartono has been in legal practice since 2000 and has assisted multinational corporations, publicly listed companies and privately-owned companies in Indonesia and the region operating in fast-moving consumer goods, tyre manufacturing and distribution, energy and natural resources, shipping, cable manufacturing, chemical trading, asset management, construction, retail business, music recording and publishing, and the multimedia industry (including digital). He has advised these clients in their corporate actions and day-to-day operations. He has also successfully represented clients in various court cases (civil, criminal, bankruptcy, debt moratorium and restructuring).

In the past five years, Andreas and his team have successfully brought numerous Indonesian companies, from bolt and nut distributor, technology research and development, material engineering and nanotechnology, bicycle distributor, property development, transportation, IT hardware rental and distribution services, hotel, tobacco shack manufacturing, logistics, cosmetics, laboratory services, computer and computer peripheral manufacturing, car body manufacturing and the medical cotton manufacturing sector, to undertake public offerings and list their shares at the Indonesian stock exchanges, as well as to undertake reverse takeovers of Indonesian listed companies.

He has also been very active in foreign investment, cross-border M&A, project financing, employment, dispute resolution, bankruptcy, and temporary suspension of debt payment obligation. He is a member of the Indonesian Bar Association (Peradi), the Indonesian Advocates Association (AAI), the Capital Market Lawyers Association (HKHPM), the International Bar Association (IBA), the Indonesian Receiver and Administrator Association (AKPI), and the Chartered Institute of Arbitration (CIArb).

He graduated from the Law Faculty of Tarumanagara University in 1997 and the Master of Laws programme in international banking law at the Boston University School of Law in 1999. In 2001, he took an integrated tax (brevet) A and B course held by the Artha Bakti Financial Training Institute, Ministry of Finance. In 2012, he attended a diploma course in international commercial arbitration at St Anne’s College, Oxford University, held by the Chartered Institute of Arbitrators in London. In 2015, he attended a receiver and administrator course and obtained a qualification as a receiver and administrator from the Indonesian Receiver and Administrator Association (AKPI).


Stefanus Haryanto

Adnan Kelana Haryanto & Hermanto
Managing Partner
Key practice areas: Anti-corruption & anti-bribery; arbitration & ADR; competition & antitrust; litigation; restructuring & insolvency


Eddy Hendra

Hendra Soenardi
Of Counsel
Key practice areas: Banking & finance; corporate & commercial; M&A


Irawati Hermawan

Hermawan Juniarto & Partners
Managing Partner
Key practice areas: Infrastructure; project finance; regulatory & policy; IP


Bintang Hidayanto

Guido Hidayanto Partners
Of Counsel
Key practice areas: Corporate & commercial; inbound investment; investment structuring; venture funding; fintech


Rahayu Ningsih Hoed

Makarim & Taira S
Senior Partner

Email: rahayu.hoed@makarim.com
Key practice areas:
Employment; foreign investment; corporate & commercial; hotel, resorts & tourism; infrastructure & project finance
Rahayu Ningsih Hoed has been with Makarim & Taira S for more than 30 years, rendering her the most senior partner at the firm. She has extensive experience in almost every aspect of legal practice due to her background as a journalist and paralegal and is a widely recognised authority on corporate and M&A transactions, arbitration, employment, and project financing. Praises for her advice from clients include: “incredible, extremely well-considered advice” and “ensuring that deals always involve remarkable levels of risk management.”

Rahayu has represented many major multinational companies such as Sumitomo Corporation, Halliburton, Marubeni Corporation, Shell, GAP Inc, Kellog Brown & Root and more. Her achievements include project financing for the 1,320MW large capacity Tanjung Jati B power plant and its expansions, major land acquisitions for infrastructure and mining projects, and highly sensitive mass terminations of employees. Her expertise is recognised in major international legal directories such as Chambers and Partners Global as highly ranked and recommended lawyer for projects & energy, Chambers and Partners Asia-Pacific as highly ranked and recommended lawyer for projects & energy, dispute resolutions and real estate. She is also recognised as elite practitioner in project development, project finance, and M&A by IFLR1000 and litigation star by Benchmark Litigation. Asialaw has also ranked her elite practitioner in energy and real estate. She has also been ranked as leading individual in corporate M&A, projects & energy, employment and real estate and awarded the highest award, a Hall of Fame for Projects & Energy by the Legal 500 Asia-Pacific.


Aurora Nia Holm

Kyora Law Firm
Founder / Managing Partner
Key practice areas: Banking & finance; corporate; data technology; M&A


Pheo Hutabarat

Hutabarat Halim & Rekan
Senior Partner
Key practice areas: Arbitration & ADR; banking & finance; capital markets; corporate & commercial; restructuring & insolvency


Hotman Paris Hutapea

Hotman Paris & Partners
Founder / Managing Partner
Key practice areas: Arbitration & ADR; bankruptcy & insolvency; competition & antitrust; litigation; restructuring & insolvency


Enrico Iskandar

Bagus Enrico & Partners
Founding Partner
Key practice areas: Data protection; e-commerce, fintech, blockchain & cryptos; M&A; real estate; technology, media & telecommunications


Prudence Jahja

Januar Jahja & Partners
Managing Partner
Key practice areas: IP; licensing & franchising; litigation; IP transactions


Darrell Johnson

SSEK
Of Counsel

Tel: +62 21 2953 2000, 521 2038
Email: darrelljohnson@ssek.com

Key practice areas:
Banking & finance; bankruptcy & insolvency; corporate governance; insurance & reinsurance; M&A
Darrell R. Johnson is senior of counsel at SSEK Legal Consultants, where he was previously senior foreign legal counsel from the firm’s establishment in 1992. Darrell has more than four decades of experience living and practicing law in Indonesia and is valued by blue-chip clients as a gateway between the international and Indonesian legal spheres.

His expertise includes restructuring and insolvency, Indonesian finance, foreign investment law, mergers and acquisitions, and corporate and commercial law.

Darrell has been recognized for many years by legal directories as a leading practitioner in Indonesia for banking and finance, corporate law/M&A, energy and natural resources, project finance, and restructuring and insolvency.

Darrell was the founding member of the Board of Advisors and the principal coordinator of the ELIPS Project, Indonesia’s commercial law reform project from 1992-1996, at the time the largest single country effort of its kind in the world.

Darrell earned his J.D. from Stanford Law School.


Cornel Juniarto

Hermawan Juniarto & Partners
Senior Partner
Key practice areas: Corporate & commercial; M&A; debt restructuring, bankruptcy; capital markets; employment


Andi Kadir

HHP
Senior Partner / Head of the Dispute Resolution Practice Group
Key practice areas: Bankruptcy & insolvency; litigation & arbitration


Mohamad Kadri

Guido Hidayanto Partners
Senior Partner
Key practice areas: Banking & finance; capital markets; M&A; project finance; restructuring & insolvency


Nidya Kalangie

SKC Law
Partner
Key practice areas: Corporate; IP; protection & commercialisation of IP rights


Freddy Karyadi

ABNR
Partner

Tel: +62 819 1010 3949
Email: fkaryadi@abnrlaw.com

Key practice areas:
Project financing; capital market; M&A; investment; employment
Freddy Karyadi has over two decades of practising law in Indonesia, and has been heavily involved in numerous complex cross-border deals including fintech, tax, restructuring, distressed assets, M&A, investment, employment and dispute settlement or bankruptcy.

He was one of the pioneers who focused on the digital industry, and has handled many transactions involving technology and fintech/health-tech/edu-tech/media/ TMT companies, from early-stage fund raising, integration, exit and public offering preparation to regulatory compliance. Freddy’s clients vary from multinationals to startups, spanning a wide range of industries including natural resources, electricity, financial institutions (including multifinance, P2P, insurance, brokerage), banks (including digital and Shariah banks), private equity-venture capital, and property. With a strong knowledge of legal, commercial, tax and accounting issues that these industries encounter, he can quickly identify the key issues and offer practical business-oriented legal solutions.

On litigation matters, he handled various suspensions of payment and bankruptcy proceedings of various industries including the aviation, shipping and mining sectors, and also assisted clients in tax disputes. Freddy has been consistently rated as a leading lawyer by several international publications including Legal500, Asia Business Law Journal, IFLR1000 and Asia Law for the past half decade.

He is a member of the Ethic Board of AFTECH (Indonesian FINTECH Association) and the editorial board of the Derivatives and Financial Instrument Journal of the International Bureau of Fiscal Documentations. He contributes numerous legal and tax articles to IFLR, International Tax Review, Lexology, Conventus Law, Thomson Reuters, International Comparative Legal Guide and Getting the Deal Through. Freddy was also a speaker at IBA, IPBA, IFA and IFLR events, and gave seminars for tech startup communities.

His professional membership includes Indonesian Capital Market Legal Consultant, Indonesian Tax Consultant, International Fiscal Association, International Federation of Accountants. He is fluent in English and Bahasa.

Freddy read law at the University of Indonesia (1998) and earned an LLM international tax from Leiden University (2002). He also graduated cum laude in 1997 from the faculty of economics of Trisakti University in Jakarta, holds an MBA degree from Peking University (2015), and is a licensed tax consultant and a chartered accountant. In 2010, he was seconded to a leading Dutch law and tax firm.


Andy Kelana

Adnan Kelana Haryanto & Hermanto
Founder
Key practice areas: Telecommunications; energy & natural resources; M&A; corporate; technology


Herry Kurniawan

ABNR
Partner
Key practice areas: Corporate & commercial; power & energy; project finance; real estate; restructuring & insolvency


Emir Kusumaatmadja

Mochtar Karuwin Komar
Partner
Key practice areas: Banking & finance; mining & project development; corporate


Justisiari Kusumah

K&K Advocates
Founder / Managing Partner

Email: justi.kusumah@kk-advocates.com
Key practice areas:
Commercial IP; IP litigation & enforcement; arbitration; TMT
Justisari Kusumah is a leading figure in IP law in Indonesia. He oversees the commercial IP, telecommunications, media and technology practice group, as well as the dispute resolution team of K&K Advocates. Throughout his long legal career, Justi has advised and represented government agencies, state-owned enterprises, and numerous multinational companies on IP litigation and enforcement, transactions, legal due diligence, and other legal matters. Justi’s high-profile clients include the world’s largest software developer and Indonesia’s state-owned telecommunication conglomerate.

Justi was involved in the drafting of many IP-related regulations as a member of an IP expert team under the Ministry of Law and Human Rights. He was a member of Indonesia’s delegations to the US Trade Representative public hearing in Washington and the World Intellectual Property Organisation (WIPO) General Assembly Meeting in Geneva. He is also a member of various task forces under the Ministry of Law and Human Rights and the Ministry of Communications and Informatics of the Republic of Indonesia.

In addition to his formal education, Justi has attended various training courses in Indonesia, Singapore, Canada, the US, France, Australia, Hong Kong, and Japan. He has acted as an instructor for various training organised by and for different Indonesian government institutions and universities.


Rio Lassatrio

LHBM Counsel
Founder

Tel: +62 21 5010 1396
Email: rio.lassatrio@lhbmlaw.com

Key practice areas:
Capital markets; corporate & commercial; litigation; M&A; private equity, venture capital & funds
Rio Lassatrio is a founder and partner of LHBM Counsel. He is a qualified lawyer with more than a decade of practice experience. He has extensive experience in representing and advising national and multinational companies in Indonesia and has advised and acted as an Indonesian counsel in numerous projects.

Rio was named as one of Indonesia’s A-list of top 100 lawyers for two consecutive years in 2020 and 2021 by Asia Business Law Journal. He was also named Indonesia’s Rising Star for 2019 by the Asian Legal Business and was chosen by his clients as Asialaw Leading Lawyers 2012 based on Asialaw Profiles Survey 2012.

Rio is a member of the Indonesian Bar Association (Peradi), a member of the Capital Markets Legal Consultant Association (Himpunan Konsultan Hukum Pasar Modal or HKHPM), and a registered legal consultant with the Indonesian Financial Authority Services (Otoritas Jasa Keuangan or OJK). In addition, Rio is also a frequent contributor to the World Bank Group’s Doing Business project.

Rio graduated from the Faculty of Law of Universitas Katolik Parahyangan – Bandung and received his Master of Law degree from the University of Queensland – Australia.


Eddy Leks

Leks & Co
Founder / Managing Partner
Key practice areas: Arbitration & ADR; corporate & commercial; litigation; M&A; real estate


Vincent Ariesta Lie

Makarim & Taira S
Partner

Email: vincent.lie@makarim.com
Key practice areas:
Infrastructure & project finance; M&A; mining & energy; foreign investment; corporate & commercials
Vincent Ariesta Lie is a partner at Makarim & Taira S who combines broad legal experience with a keen sense of clients’ business contexts. Vincent can counsel clients with a view to their commercial objectives and the regulatory landscape. Besides handling traditional corporate practice areas, he is also familiar with the fast-evolving growth sectors in Indonesia such as the energy and digital fields.

Over the past 20 years, Vincent’s résumé has developed into an impressive list of substantial legal work and leading industry clients. He has represented prominent companies in a variety of proceedings and transactions such as, but not limited to, corporate and commercial matters (including acquisitions and project financing), arbitration (including the enforcement of foreign arbitral awards), natural resources and energy (mining, oil and gas, power plants), and information technology or startups.

Vincent’s work has been recognised by prestigious legal publications and directories worldwide. Chambers & Partners Global acknowledges him as a highly ranked lawyer in projects & energy, while Chambers & Partners Asia-Pacific ranks him in projects & energy and corporate and M&A. His work is also acknowledged by IFLR1000, which places him as a highly regarded lawyer in project development, project finance, and M&A, as well as by Legal 500 Asia-Pacific, which regards him as a recommended lawyer in projects & energy, corporate M&A, and capital markets. Vincent presented the rising star award for corporate/M&A in 2018 and won the outstanding practitioner in Indonesia in the 2019 Asialaw Regional Awards. He is also in the A-list of Indonesia’s Top 100 Lawyers from 2017 to 2021.

Clients praise Vincent for his pragmatic approach and responsiveness, as well as his ability to consistently deliver good service and quality work every year. The Legal 500 Asia-Pacific 2022 research reported feedback from a client complimenting Vincent for being able to explain the complex Indonesian laws related to the matter with clarity and to explain difficult legal concepts simply, while presenting excellent due diligence work on the project and recognising potential issues competently and promptly.

Being an enthusiastic speaker, Vincent also makes time to speak in various webinars, seminars and conferences on power plants, mining, and energy resources arranged by in-house congress, the Asian Law Students’ Association, and numerous universities in Indonesia, to share his knowledge and experience with legal communities.


Todung Mulya Lubis

Lubis Santosa & Maramis
Founder / Senior Partner
Key practice areas: Corporate & commercial; dispute resolution


Daru Lukiantono

HHP
Partner – head of Intellectual Property Practice Group
Key practice areas: IP due diligence & management; patent prosecution, patent portfolio management, commercial patent; patent litigation


Yozua Makes

Makes & Partners
Managing Partner
Key practice areas: Corporate; M&A; capital markets; corporate finance; project finance


Insan Budi Maulana

Maulana & Partners
Founder
Key practice areas: Competition & antitrust; corporate & commercial; IP; licensing & franchising; litigation


Giovanni Mofsol Muhammad

Hanafiah Ponggawa & Partners
Partner
Key practice areas: Corporate & commercial; infrastructure; power & energy; private equity, venture capital & funds; project finance


Ratih Nawangsari

Oentoeng Suria & Partners (Ashurst)
Managing Partner
Key practice areas: Corporate; finance; projects; infrastructure; oil, gas & natural resources


Iwan Budiarto Nurjadin

Nurjadin Sumono Mulyadi & Partners
Managing Partner

Email: iwan.nurjadin@nurjadinet.com
Key practice areas:
Aviation; cross-border M&A; foreign direct investment; debt restructuring; industrial relations
Iwan Nurjadin is one of the founding partners of Nurjadin Sumono Mulyadi & Partners and currently holds the position of managing partner. He has nearly 20 years of experience in handling complex aviation-related transactions. He has prominent expertise in advising high-profile foreign clients on international and cross-border transactions in the aviation industry, such as aircraft financing, airline business startups and restructuring. He also has a profound knowledge of airport management and related business, including airline catering services and logistics.

He has represented a global aircraft leasing company in connection with purchasing and leasing aircraft to Indonesian airlines. He also has assisted various Indonesian airlines, operators, and financial institutions. Furthermore, He has advised on fleet modernisation, corporate restructuring, and financing for airlines in Indonesia.

Other than his expertise in aviation, Nurjadin has also reputable expertise in M&A, banking and finance, and corporate and commercial. He was the winner of the International Advisory Experts Award 2019 and has been recognised by various publications such as Asian Legal Business, The Legal 500 Asia Pacific, IFLR 1000, Asialaw Profiles, Benchmark Litigation Asia Pacific, and Asia Business Law Journal.


Emir Nurmansyah

ABNR
Senior Partner
Key practice areas: Project finance & development; banking & finance; corporate; M&A; foreign direct investment


Pramudya Oktavinanda

UMBRA
Managing Partner

Tel: +62 811165906
Email: pramoctavy@umbra.law

Key practice areas:
Corporate; projects & securities; M&A; equity & debt capital market, restructuring
Pramudya Oktavinanda (Pram) is the managing partner of UMBRA – Strategic Legal Solutions and the go-to lawyer for any challenging and state-of-the-art transactions that require a systematic combination of immense legal skills, business acumen, and pragmatic attitude, and imaginative thinking.

During his 17-year career, Pram has represented major governmental, local and international clients in some of the largest and most sophisticated national and cross border transactions consisting of M&A of public and private corporations, corporate, debt and pre-IPO restructuring, financial engineering, Islamic financing, public offerings of equity and debt securities (covering local and international offerings under Rule 144A/Reg S of the US Securities Act of 1933), private placements, and EPC and O&M contracts drafting and negotiation. His experience includes more than 200 deals with a combined value of at least USD25 billion.

In addition to being academically trained in the art of law and economics, legal interpretation, and Islamic law as a doctor of jurisprudence from the University of Chicago Law School, Pram is well versed in various intricate industries such as telecommunications, broadcasting, digital technology, data and analytics service, power, energy, infrastructure, and state-owned enterprises.

After founding UMBRA in November 2017, Pram was immediately acknowledged by numerous prominent international legal directories for his skills and leadership in the Indonesian legal market. He is one of the youngest Indonesian lawyers to be consecutively recognised in the Asia Business Law Journal’s Top 100 Indonesian Lawyers (2018-2021), and is consecutively nominated as the youngest ever deal maker of the year by Asian Legal Business in its 2018-2021 Indonesian Law Firms Award, and is consistently recognised as a highly regarded – leading lawyer for M&A and capital market transactions in IFLR 2019-2022 edition and distinguished practitioner for M&A and capital markets in AsiaLaw 2020-2022.

Most recently, Pram is awarded as the lawyer of the year for corporate and M&A in 2021’s Asialaw Awards – Client Service Excellence, being the highest rated lawyer to work with clients in Indonesian corporate and M&A deals.


Sugianto Osman

Ginting & Reksodiputro
Partner
Key practice areas: Capital markets; corporate/M&A; corporate governance & compliance; private equity


Luhut Pangaribuan

Luhut Marihot Parulian Pangaribuan
Founder / Managing Partner
Key practice areas: Litigation, dispute resolution


Kresna Panggabean

TNB & Partners
Partner / Head of Office
Key practice areas: Bankruptcy & insolvency; corporate & commercial; labour & employment; litigation; M&A


Giffy Pardede

ABNR
Partner
Key practice areas: Banking & finance; corporate & commercial; M&A; real estate


Soenardi Pardi

Hendra Soenardi
Partner

Email: soenardi.pardi@hs.co.id
Key practice areas:
Banking, securitisation; structured finance; commercial dispute resolution
Soenardi Pardi has more than 25 years of experience practising law in Indonesia with a practice focusing on M&A, banking, securitisation and structured finance, and international dispute resolution.

He was shortlisted in the A-List: Indonesia’s Top 100 Lawyers in 2020 and 2021 by Asia Business Law Journal and nominated as a finalist for Indonesia and South East Asia’s “Dispute Resolution Lawyer of the Year”, in 2019 and 2020, respectively, by Asian Legal Business.

He has handled many large and complex acquisition transactions, debt financing, asset securitisation, structured finance, and derivatives, as well as complex cross border arbitration and litigation matters, and represented prominent companies in a variety of sectors.

In 2018, Soenardi Pardi was appointed counsel representing the Republic of Indonesia in the successful defence of a claim brought by Churchill Mining, filed with the International Centre for Settlement of Investment Disputes (ICSID).


Denny Rahmansyah

SSEK
Partner

Tel: +62 21 2953 2000, 521 2038
Email: dennyrahmansyah@ssek.com

Key practice areas:
Banking & finance; corporate/M&A; foreign investment & JV; projects, energy and infrastructure; real estate & property; technology, media and telecommunications (including data protection/privacy)
Denny Rahmansyah joined SSEK in 2001 and has been deeply involved in numerous transactions related to cross-border M&A, cross-border debt restructurings, banking and finance companies, forestry, plantations, TMT (including fintech, e-commerce, data protection and data privacy), private power, and infrastructure projects.

He is also experienced in oil and gas, mining, real estate and property (including hotels and villas), compliance (anti-corruption and anti-bribery), foreign investment, and general commercial and corporate law.

Denny is named by Asialaw, Chambers & Partners, IFLR1000, and The Legal 500 as a leading lawyer in Indonesia for corporate law and M&A, and real estate. Each year from 2018 to 2021, he was a finalist for Managing Partner of the Year at the Asian Legal Business Indonesia Law Awards. This is his second year on Asia Business Law Journal’s A-List of Indonesia’s Top 100 Lawyers.

Denny is a member of the Inter-Pacific Bar Association, Association of Indonesian Legal Consultants, and Indonesian Advocates Association (Peradi).


Robert Reid

Soemadipradja & Taher
Partner
Key practice areas: Corporate & commercial; inbound investment; infrastructure; labour & employment; M&A


Harun Reksodiputro

Ginting & Reksodiputro
Partner
Key practice areas: Capital markets; coporate & M&A; restructuring; corporate governance & compliance


Abdul Haris Muhammad Rum

Azwar Hadisupani Rum & Partners
Senior Partner
Key practice areas: General corporate; restructuring; investment; capital markets; M&A


Johannes Sahetapy-Engel

AKSET
Founder
Key practice areas: Arbitration & dispute resolution; bankruptcy & restructuring; capital investment; environment; labour & employment


Kirana Sastrawijaya

UMBRA
Senior Partner

Tel: +62 819 324 64 089
Email: kirana@umbra.law

Key practice areas:
Projects; energy & finance; construction & infrastructure; M&A; public- private partnership
Kirana Sastrawijaya is a senior partner of UMBRA – Strategic Legal Solutions and is one of the best power lawyers in Indonesia with more than 17 years of practical experience in the fields of power, energy, construction and infrastructure. She has represented major international and local clients (including government-owned Perusahaan Listrik Negara and its major subsidiaries, Pembangkitan Jawa Bali and Indonesia Power) in various high-profile power and infrastructure deals (having a combined capacity of more than 5,000MW) and has extensive experience in drafting and negotiating all type of projects documents including power purchase agreements (covering all types of PPAs for different power plants), EPC contracts, O&M contracts and fuel supply contracts.

Kirana is also well versed in renewables, oil and gas, project financing, public-private partnership scheme, M&A in the energy and natural resources sectors, state-owned enterprises, regional-owned enterprises and has built a close relationship with government institutions and international and local NGOs for the preparation of relevant regulations related to power, energy and renewables in Indonesia.

As a testament to her expertise in the field of power and renewables, she also serves as the youngest member of the board of experts of Masyarakat Ketenagalistrikan Indonesia (Indonesian Electricity Society) and is an active member of Masyarakat Energi Terbarukan (Indonesian Renewable Energy Society).

In less than 5 years, she has successfully led the group from a single lawyer to be one of the largest power, energy and infrastructure practice groups in Indonesia with a total of 30 members (including 3 partners and 1 off-counsel) that consistently led in some of the largest and most complex Indonesian power and energy-related deals within the last four years. She also has obtained acknowledgement from international directories, including (i) as an energy and project lawyer in the Asia Pacific Chambers and Global Chambers since 2020; (ii) as the leading energy and infrastructure project financing specialist of the year, Indonesia by 2021 Leading Adviser Awards; (iii) as a highly regarded lawyer in project finance, M&A and project development by IFLR1000; (iv) as Indonesia’s 100 Top Lawyer by Asia Business Law Journal since 2021; and most recently, (v) as one of IFLR1000 Women Leaders 2022


Iwan Setiawan

Makes & Partners
Senior Partner
Key practice areas: Capital markets; compliance; corporate & commercial; M&A; foreign & domestic investment


Hendrik Silalahi

William & Hendrik
Managing Partner

Tel: +62 21 5011 1300
Email: hendrik.silalahi@williamhendrik.com

Key practice areas:
Aviation; capital markets; corporate & commercial; M&A; taxation
Hendrik Silalahi is a prominent capital markets legal consultant in Indonesia. He is particularly known for his successful handling of IPOs, M&As, and corporate resolutions in numerous industry sectors, in addition to his expertise in tax and aviation laws, over many years.

Hendrik is the co-founder and managing partner of William & Hendrik (W&H), rated by Hukumonline as the #1 capital markets law firm in Indonesia based on having the highest number of IPO transactions in 2020. W&H is one of the fastest-growing law firms of its kind in the country, and features an experienced team of counsellors and associates, with a wide network of advisers in the government, the legal system, and NGOs.

After graduating with a law degree from the University of Indonesia in 1997, Hendrik was hired by one of the big four accounting firms in Jakarta before joining one of the city’s largest law firms. Hendrik was also a general counsel for many leading multinational companies and Indonesia’s largest conglomerates in their respective industries. With his seasoned local and cross-border skills and experiences in various corporate proceedings, Hendrik’s clients pay special attention to and praise his understanding, advice and solutions. Legal concepts that may be difficult for clients are comprehended with Hendrik’s guidance and clear knowledge of corporate ways and means.

Apart from his professional activities, Hendrik is also active in various social organisations, including his alumni association.


Leoni Silitonga

Roosdiono & Partners
Co-Executive Partner
Key practice areas: Banking & finance; capital markets; debt capital markets; securitisaation & structured finance; Islamic finance


Tasdikiah Siregar

TNB & Partners
Partner
Key practice areas: Banking & finance; aviation & shipping finance; M&A; regulatory advice


Zippora Siregar

Siregar & Djojonegoro
Managing Partner

Tel: +62 21 5797 3855, +62 81 113 8825
Email: zippora_siregar@sdlaw.co

Key practice areas:
Banking & finance; infrastructure; M&A; power & energy; project finance
Zippora Siregar is the founder and managing partner of Siregar & Djojonegoro. Zippora has practised law for more than 25 years. Throughout her law practices, she has been involved in many prestigious transactions, both representing local and foreign clients. She is perceived as an impeccable lawyer in concluding key financing transactions in project finance, structure finance and acquisition finance. Her other expertise are infrastructure, maritime, healthcare and M&A.

She excels in handling and finding solutions for complex legal matters, possesses solid legal knowledge and experience and is capable of interpreting the client’s concerns to achieve smooth transaction processes. She often plays a significant role in negotiation to obtain favourable solutions.

Zippora was nominated as the top finalist for the Woman Lawyer of the Year Award in 2016-2019 and Managing Partner of the Year Award in 2018- 2019 by Asian Legal Business. She had also been included in Indonesia’s Top 100 Lawyers 2019 and Indonesia’s Top 100 Lawyers 2021 by Asia Law Business Journal.


Rahmat Soemadipradja

Soemadipradja & Taher
Founding Partner
Key practice areas: Energy & natural resources; mining; environment; forestry; corporate & investment


Suhardi Somomoeljono

SSA Advocates
Managing Partner
Key practice areas: Dispute resolution; bankruptcy & insolvency; public law; employment


Jonathan Streifer

SSEK
Advisor

Tel: +62 2953 2000, 21 521 2038
Email:
jonathanstreifer@ssek.com

Key practice areas:
Banking & finance; corporate/M&A; dispute resolution; project finance & infrastructure development; real estate & property
Jonathan Streifer is a senior foreign counsel at SSEK Legal Consultants with more than 20 years of experience at the firm. He advises clients on corporate and business law, including investment, projects, acquisitions, financings and other commercial transactions.

Jonathan has a robust and growing dispute resolution practice and in the TMT sector on data privacy, content and other issues in the digital economy. He has recently advised several clients on carbon credit and plastic credit projects and other investments in the sustainable economy.

He advises multinational companies, startups, investment funds, entrepreneurs and other companies doing business in Indonesia.

Jonathan has been recognised as a leading practitioner in Indonesia for corporate law and M&A, and projects and natural resources by independent legal directories, including Chambers & Partners, IFLR1000 and Asialaw.

Jonathan earned his JD from the University of California at Berkeley (Boalt Hall) School of Law. He previously worked with the San Francisco firm of Shartsis Friese.


Arief Tarunakarya Surowidjojo

Lubis Ganie Surowidjojo
Founding Partner
Key practice areas: Good governance; natural resources & environmental; dispute resolution


Gunawan Suryomurcito

Suryomurcito & Co
Founder / Consultant
Key practice areas: IP protection & enforcement


Hafzan Taher

Soemadipradja & Taher
Founding Partner
Key practice areas: Litigation; dispute resolution; capital markets; banking & finance; corporate restructuring & insolvency


Christian Teo

Christian Teo & Partners
Founder / Managing Partner

Email: cteo@cteolaw.com
Key practice areas:
Corporate & commercial; data protection; power & energy; real estate; technology, media & telecommunications
Christian Teo is the founder and currently managing partner of Christian Teo & Partners, an Indonesian leading corporate and commercial law firm.

His corporate and commercial practice areas cover telecommunications, media and technology startups; hotel, property and real estate; hospitality and entertainment industry; corporate, commercial and franchising; trade and retail industry. He continuously advises clients on the Indonesian legal aspects of foreign and domestic investment, IT, telecommunication projects, real estate and hotel transactions; franchising; structuring and drafting joint ventures, corporate and transaction documentation; and corporate restructuring.

While Christian’s telecommunications, media and technology practice involves regulatory works, projects, restructuring and technology startups, his hotel, property and hospitality practice ranges from representing owners and operators in management and operational contracts and negotiating commercial and office property leases on behalf of landlord and lessees. His F&B and lifestyle practice cover franchising and lifestyle outlets. His retail and trade practice deals with offline trading and e-commerce setups, including its payment systems and financial technologies. He also advises clients on employment law, focusing on white-collar employment issues such as executive hiring and employment dispute.

He speaks Bahasa Indonesia as his mother tongue, fluent English, conversational Hakka dialect and Mandarin.

Christian Teo graduated from the University of Indonesia, Faculty of Law, SH or LLB (1990) and later did his post-graduate at the University of Sydney, Faculty of Law, LLM (1997)

He started his legal career in 1989 with an internship with the litigation firm Frans Hendra Winarta & Partners, later joined Hadiputranto, Hadinoto & Partners (HHP) as an associate in 1990, senior associate (1994) and then became partner in 1997. During his time with HHP, he was the head of the IT and telecommunications practice, the chair of the company law project, a professional development unit in relation to corporation law issues and leader of the franchising and property, hotel, resort and tourism practice. His management responsibilities included developing and maintaining the firm’s website and overseeing the social activities of the firm’s members.

He then chose his own path by founding Christian Teo & Associates in 2004, now Christian Teo & Partners, and continues making his marks.


Abadi Abi Tisnadisastra

AKSET
Partner
Key practice areas: Banking & finance; insurance; capital investment; capital markets; M&A


Rambun Tjajo

TJAJO & Partners
Founding Partner

Tel: +62 21 2251 3653
Email:
rambun.tjajo@tjajolaw.id
Key practice areas:
Banking & finance; capital markets; corporate & commercial; M&A; restructuring & insolvency
With more than 30 years of experience, Rambun Tjajo, the founding partner at Tjajo & Partners, has been recognised as an expert and a leading lawyer in capital markets, corporate and M&A, and restructuring and insolvency. He is a registered legal consultant of the Indonesian Financial Services Authority or Otoritas Jasa Keuangan (OJK).

He continues to obtain praise and acknowledgement for his representations, which one of the leading legal directories recognises him as one of Indonesia’s top practitioners in the fields of capital market and M&A by describing him as a well known among market commentators, who call him an “excellent capital markets lawyer.”


Jennifer Tumbuan

Tumbuan & Partners
Managing Partner

Email: jennifer.tumbuan@tumbuanpartners.com
Key practice areas:
Banking and finance, Capital markets, Construction, Corporate and M&A, Private equity, Restructuring and insolvency, Consumer goods and services, Energy, Industrials and manufacturing, Infrastructure, Real estate, Technology and telecommunications
Jennifer B. Tumbuan is an experienced corporate lawyer who has been in practice for more than 20 years. She has been a partner of Tumbuan & Partners (T&P) since April 2011. Prior to joining T&P, she was the retained general counsel of a private equity firm for 3 years and prior to that, she was a senior associate in a major law firm in Jakarta. She graduated in 1998 from the Faculty of Law, University of Indonesia. In 2003 she earned her LL.M degree from the Faculty of Law, Leiden University in the Netherlands, majoring in International Business Law. She is admitted to practice as an Advocate, Capital Market Legal Consultant and trustee in bankruptcy (Kurator) and administrator (Pengurus) in Indonesia.

She was awarded by ALB Indonesia as the Woman Lawyer of the Year 2020. She also has a number of awards and nominations including as a Distinguished Practitioner in Banking and Finance, Capital Markets Year 2022 and 2021 from Asia Law Profiles; Managing Partner of the Year 2021, Finalist Dealmaker of the Year 2021 in the ALB Indonesia Law Awards; Finalist Dealmaker of the Year 2021, Finalist Regional Managing Partner of the Year 2020 in the ALB South East Asia Law Awards; and recognized as a Highly Regarded Lawyer in the Fields of Capital Markets & Mergers and Acquisitions Year 2021 from IFLR1000.

Within T&P, she has been intensively involved in the issuance of capital market securities by Indonesian companies, including IPOs, rights issues and bonds; banking and finance; acquisitions, debt restructuring and mining projects in Indonesia and general corporate work. T&P was awarded numerous awards and nominations including the Boutique Law Firm of the Year 2015, the Equity Market Deal of the Year 2016 and the Transactional Boutique Law Firm of the Year 2019.

She currently also holds the role as the Head of Legal and Government section of the Association of Venture Funds for Startups in Indonesia, the Vice Chairman of International Cooperation Committee of the Indonesian Advocates Association, the General Secretary of Association of Capital Market Legal Consultants and the Vice Chairman of the Expat Catholic Parish; and has been involved in several webinars and seminars being the host, speaker and/or moderator.


Michael Twomey

SSEK
Advisor
Key practice areas: Corporate & M&A; power & energy; project finance & infrastructure development; real estate & property; shipping & logistics


Luky Walalangi

Walalangi & Partners
Managing Partner
Key practice areas: Banking & finance; data protection; joint ventures; M&A; real estate


Linda Widyati

Linda Widyati & Pusponegoro
Partner
Key practice areas: Corporate; M&A; banking & finance; capital markets


Widyawan

Widyawan & Partners
Senior Partner
Key practice areas: Banking; capital markets; corporate/M&A; projects; dispute resolution


Frans Winarta

Frans Winarta & Partners
Managing Partner
Key practice areas: Civil & criminal litigation; corporate; IP rights; labour & employment; arbitration & ADR


Erwin Kurnia Winenda

Hanafiah Ponggawa & Partners
Partner
Key practice areas: Banking & finance; capital markets; corporate & commercial; financial institutions


Zacky Zainal Husein

Assegaf Hamzah & Partners
Partner

Tel: +62 21 2555 7800
Email: zacky.husein@ahp.id

Key practice areas:
Arbitration & ADR; data protection; e-commerce, fintech, blockchain & cryptos; technology, media & telecommunications; media & digital contents
Zacky Husein heads the technology, media, and telecommunications practice at Assegaf Hamzah & Partners since joining from one of Indonesia’s leading telecommunications operators and has been advising clients on legal and regulatory matters relating to technology, data protection, telecommunications, digital content, e-commerce, cloud service and digital assets.

His clients include multinational corporations in the telecommunications and software sectors, social media, e-commerce companies, private equities, data centres, payment service providers, and government agencies. Zacky was one of the founders of the Indonesian Association of Information Technology Professionals, which aims to develop legal professionals’ capacity and act as the government’s main counterpart on IT’s legislation and policies. He also writes on recent developments and contributes to public discussions on technology and the law.

Zacky is a graduate of the Faculty of Law of the University of Indonesia and Georgetown Law School and has practised law since 1994. He also holds a public management degree from the National University of Singapore and Harvard University.


Ary Zulfikar

AZP Legal Consultants
Founder / Managing Partner

Email: ary@azp.co.id
Key practice areas:
Banking & finance; capital markets; infrastructure; M&A; restructuring & insolvency
Ary Zulfikar is the founder partner of Ary Zulfikar & Partners, which is also known as azp legal consultants. He has more than 25 years of experience in law and has handled both domestic and international transactions with diverse expertise in corporate and litigation practices. He started his career at Kartini Muljadi & Rekan (KMR), where he handled many capital market transactions and corporate actions. His experience in capital markets expanded as he joined Indonesia Securities Deposit Clearing (PT Kliring Deposit Efek Indonesia) and Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia) (self-regulatory organisations in Indonesian capital market) as its legal and compliance department head.

During the Indonesian financial crisis in 1997-1998, he later joined the Indonesian Bank Restructuring Agency, where he handled numerous corporate restructuring transactions and settlement of shareholders’ obligations under the bank restructuring program. He was also involved in establishing the Indonesia Deposit Insurance Corporation (IDIC) as a team member appointed by the Ministry of Finance of the Republic of Indonesia from 2002 to 2004.

In 2004, he founded and became the managing partner of azp legal consultants, specialising in capital markets, banking and finance, infrastructure, restructuring, insolvency and asset resolution, as well as litigation and dispute resolution practice areas. In his career as a legal advisor, he has also involved in a number of the Republic of Indonesia’s global sovereign bonds or sukuk and retail sukuk issuances, including the global green sovereign sukuk to finance and/or refinance eligible green projects as part of the Indonesia’s strong commitment to combat the impact of climate change and other several infrastructure project financing.

In February 2020, he stepped off as the managing partner of azp legal consultants and is currently serving as the executive director of legal division of IDIC, focusing on the deposit insurance, restructuring and resolution program for Indonesian banks. In his busy schedule, he still manages to lecture at the faculty of law of the University of Trisakti and the University of Pancasila in Indonesia.

Ary Zulfikar graduated from the University of Padjadjaran with a bachelor’s degree in law in 1994. He continued to pursue his study and obtained his master’s degree in law from the University of Gadjah Mada in 2015. He then obtained his doctoral’s degree (cum laude) from the University of Padjadjaran with his dissertation titled “Foreign Direct Investment Restriction Policy as a Control of Inward Foreign Direct Investment in Accordance with Sustainable Development Principles” in 2019.

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