Executive Management
Key Investment Professionals
Justin Tanuwidjaja
Research & Portfolio Management Analyst
Halim is a respected, highly regarded banker and astute investment manager with exceptional experience in the securities and financial industry most recently as the Chairman and CEO of PT RHB OSK Securities Indonesia, a securities brokerage firm; and Investment Committee Member of PT RHB OSK Asset Management, an asset management firm. Halim has a wealth of experience in fixed income investments, structured financing, equity investments (public and private), and foreign exchange trading that spans over 20 years in the financial industry. As the former CEO (2008 to 2013) of PT RHB OSK Securities Indonesia, he was responsible for overall management of asset management, debt and equity markets and corporate finance. He was also substantially involved in providing investment direction to the Chief Investment Officer and portfolio teams. Among his notable involvements in fund management was in the RHB OSK Alpha Sector Rotation (“ASR”) Fund, a JSX-listed open-ended fund investing in outperforming sectors of any market cycle in Indonesia. The fund was one of the best performing funds in Indonesia with 3 year returns of 53.69% against benchmark of 33.71%.
Prior to his illustrious tenure at RHB OSK, he was formerly an appointed Managing Director of PT Bank International Indonesia Tbk (“BII”), a listed bank in the Jakarta Stock Exchange where he also served as a Board Member. Having extensive experience in researching, identifying, screening, structuring, negotiating and monitoring investments, Halim managed a substantial investment portfolio during his tenure as a Managing Director responsible for Treasury, Capital Markets and Overseas operations in BII. Before working in BII, Halim held many Treasury management positions in Standard Chartered Bank including Head of FX Option, Head of Derivatives and Head of Treasury (Sales and Marketing). He has previously worked with American Express Bank, Rabobank Indonesia and Citibank N.A. Halim holds a Bachelor of Business (cum laude) in Business Administration and Finance from The University of Houston, Texas, USA.
Yonggi has more than 30 years of experience in the capital markets, specializing in equity investments and transactions in the APAC region. Yonggi has served as Director (2003-2005) and President Director (2005-2008) of PT Nusadana Capital Indonesia and Commissioner (2008-2012) of PT OSK Nusadana Securities. Prior to that, he was Vice President of Investments at Salmon Smith Barney (2000-2003) and the President Director of Harumdana Securities (1993-2000), a brokerage firm. He graduated from California State University Long Beach with a BSc in Finance.
Muljadi has worked in the financial industry for more than 20 years, specifically in corporate and private banking, where he was involved in the development and implementation of tailored investment solutions, estate planning, and asset allocation.
Previously, he was Vice President at Morgan Stanley Private Wealth Management (2004-2016), and prior to that, he was Vice President at Merrill Lynch International Private Client Group (2001 to 2004) as an Investment Adviser for high net worth families, corporations and institutions in Indonesia and Singapore.
From 1999 to 2001, he was a Vice President with Citigroup Private Banking as Relationship Manager for high net worth families and corporations in Indonesia. He was also the Head of Marketing for Corporate Banking (1994 to 1999) in PT Bank Central Asia and before his banking career, he was an Engineer at Mingtai Marine & Fire Insurance Co (a Taiwanese firm) from 1992 to 1993.
Muljadi holds a Master’s Degree in Mechanical Engineering from Purdue University in West Lafayette, Indiana, U.S. and a Bachelor’s Degree in Mechanical Engineering (Cum Laude) from Case Western University in Cleveland, Ohio, U.S.A., Muljadi is also a member of Tau Beta Pi Honor Engineering Society in U.S.A since 1990.
Prior to joining ACAPL, Regina was the Head of Finance and Accounting at PT RHB OSK Securities since 2004 and was responsible for all financial and treasury matters of PT RHB OSK Securities as well as providing back office support including regulatory reporting, preparing inputs for regulatory tax returns, and internal submissions covering regulatory capital levels.
Regina holds a Bachelor’s Degree in Economics and Accounting from Trisakti University.
Michelle has 4 years of experience in Big 4 firms providing Internal Audit, Compliance, and Risk Management services to organizations from both private and public sectors with local and regional operations, covering clients in various industries including fund management, banking, manufacturing operations, retail operations, property development, pharmaceuticals, healthcare, media and advertising, and government bodies. Michelle holds a Bachelor’s Degree in Economics (cum laude) from the University of California, Los Angeles.
Steven has more than 10? years of experience in corporate finance, valuation and business modelling, and transaction related advisory.
Prior to joining, Steven was a Manager at Ernst & Young Indonesia (EYI) in Transaction Advisory Services under V&BM (Valuation and Business Modelling) Team. He was involved in many business valuations, feasibility studies, financial modelling build and review, and valuation for financial reporting purposes across many industries. During his tenure at EYI, he was part of the team involved in assisting state-owned electricity company PLN to analyze the on-hold independent power producer and to support in the renegotiation of electricity tariff. He also served a state-owned oil & gas company in activities related to many proposed mergers and acquisitions of oil & gas assets and/or companies located in Indonesia and abroad. He also worked for many share valuation, joint venture analyses, and valuation for financial reporting purposes related to various industries, including many notable Indonesian conglomerate groups.
Steven holds a Bachelor of Business (Banking & Finance) from Monash University, Australia and is certified as a business valuer from MAPPI (Masyarakat Profesi Penilai Indonesia) or Indonesian Society of Appraisers.
Prior to joining ACAPL, Carey was an investment analyst with OCBC Investment Research, a top-rated research house in Singapore. Carey has over 20 years of experience in the financial industry, ranging from trading in the money markets to managing a fixed income portfolio of US$1 billion to equity research.
Carey is one of the most decorated equity analysts in Singapore, with seven ThomsonReuters Starmine awards under his belt, given in recognition for his ability to accurately forecast company earnings and picking stocks with the highest returns in the resources and infrastructure sectors. According to Bloomberg, Carey was also consistently ranked among the top three analysts on BARR (Bloomberg Absolute Return Rank) for his recommendations on the stocks that he covered.
Carey holds a Bachelor’s Degree in Business Administration with a major in Finance from the National University of Singapore.
Kai Yi is responsible for ACAPL’s finance and accounting function. She has more than 3 years of external audit and assurance experience, specializing in multinational (MNC) and small-and-medium-sized (SME) companies across a broad spectrum of industries, as well as not-for-profit organizations. She also has several years of experience in the commercial sector, having been responsible in operations, finance, and accounting matters. Kai Yi holds a Bachelor’s Degree in Commerce (Hons) from Tunku Abdul Rahman University College, Malaysia.
Prior to joining Ascend, Justin spent 3 and a half years as Senior Analyst of Corporate Development at a clinical-stage biotechnology company based in Singapore, where he was involved in numerous corporate initiatives including fundraising, shareholder relations, and project management. Justin holds a Bachelor of Arts in Economics (Magna Cum Laude) from Claremont McKenna College, USA.
Prior to joining Ascend, Kayla spent 4 years as Research Analyst at Jones Lang Laselle, a global commercial real estate services firm. She was responsible for producing research reports on property market dynamics, advising clients in managing their real estate portfolios, and conducting feasibility studies for various consultancy projects related to the investment and acquisition of numerous real estate assets. Kayla holds a Bachelor’s Degree in Business from the University of London.