ABOUT US

A member of MAP Group, PT Map Boga Adiperkasa (MBA) is a major F&B player in Indonesia with over 370 stores across 30 Indonesian cities – and a portfolio of 5 iconic brands: Starbucks, Pizza Express, Krispy Kreme, Cold Stone Creamery and Godiva.

2002

Starbucks opens first store in Indonesia

2006

Pizza Express opens first store in Indonesia

2013

Launch of Godiva in Indonesia

2017

IPO of MBA

Starbucks
Krispy Kreme
PizzaExpress
Coldstone
Godiva
General Alliance
MBA

2006

Krispy Kreme opens first outlet

2007

Cold Stone Creamery opens first store

2016

Strategic Partnership with General Atlantic

2002

Starbucks opens first store in Indonesia

2006

Krispy Kreme opens first outlet

2006

Krispy Kreme opens first outlet

2006

Pizza Express opens first store in Indonesia

2007

Cold Stone Creamery opens first store

2007

Cold Stone Creamery opens first store

2013

Launch of Godiva in Indonesia

2016

Strategic Partnership with General Atlantic

2016

Strategic Partnership with General Atlantic

2017

IPO of MBA

VISION

To create a portfolio of premium international food and beverage brands that are “top of the class” in their category, and appeal to the aspiring middle and upper income consumers

MISSION

  1. To deliver our F&B international brands to the level found in any major city in the world
  2. To create demand by fun participation and “experiential” concepts
  3. To establish new standards of service
  4. To continually grow in shareholder value

CORPORATE STRUCTURE

PT MAP Boga Adiperkasa

(Holding Company)

PT sari coffee indonesia

(Starbucks)

PT sari pizza indonesia

(PizzaExpress)

PT premier doughnut indonesia

(Krispy Kreme)

PT sari Ice cream indonesia

(Cold Stone / Godiva)

Organization Structure

  • Board of Commissioners
  • Board of Directors
  • Handaka Santosa


  • Anthony Cottan


  • Sean Gustav Standish Hughes


  • Sjeniwati Gusman


  • Sandeep Achyut Naik


  • Varun Talukdar


  • Ravi Kumar Sreeramulu


  • Pinky Ong Torres


  • Ashish Saboo


  • Ratih Darmawan Gianda


  • Audit CommitteeNomination & Remuneration Committee
  • Group CFOCorporate SecretaryInternal Audit

  • Division

  • Division
    (Pizza Marzano, Krispy Kreme, Cold Stone Creamery, Godiva, Genki Sushi & PAUL)

Handaka Santosa
President Commissioner
Handaka Santosa is currently the President Commissioner of the Company, based on Statement of Shareholders Resolutions No. 1, dated 14 December 2018. He was previously a Commissioner of the Company, appointed based on the Statement of Shareholders Resolutions No. 2, dated 4 May 2017.
Concurrently he also serves as a Director for PT Mitra Adiperkasa Tbk since 2018 and as Director of PT Map Aktif Adiperkasa Tbk since 2018. Prior to his appointment as a member of the Board, Handaka was the CEO of Senayan City between 2005 to 2014, and an Independent Commissioner of Alfa Retailindo from 2008 to 2011. Currently, he serves as a member of the top management team at SOGO Indonesia. He was also a former Commissioner of PT Mitra Adiperkasa Tbk from 2014 to 2018 and a Director of Gajah Mada Plaza between 1981 and 1988. Besides his role in the Company, he held numerous key positions in several leading organizations, including Head Committee of Shopping Centre Development for Indonesian Chamber of Commerce & Industry (2013 – 2015), Chairman of Indonesia Shopping Centres Management Association (2012 – 2015), Advisor to Indonesia Retail Merchants Association (2011 – 2015), Executive member of the National Consumer Protection Agency (2009 – 2012), General Secretary and Chairman of The Association of Indonesian Retailers (2000 – 2008), and many other organizations including Head Committee of Property Services Development for Indonesian Chamber of Commerce & Industry (2015 – 2020).
An Indonesian citizen born in 1956 (63 years old), he earned his Bachelor Degree in Civil Engineering from University of Diponegoro, Semarang, in 1981.
Handaka Santosa
Ravi Kumar Sreeramulu
Commissioner
Ravi Kumar Sreeramulu is currently a Commissioner of the Company, based on Statement of Shareholders Resolutions No. 1, dated 14 December 2018. He previously served as a Director of the Company, appointed based on the Statement of Shareholders Resolutions No. 2, dated 4 May 2017. Concurrently, within MAP group, he is also the Director of PT Map Ecom Adiperkasa. Before joining the company, he was the Chief Supply Chain Officer for Bharti Airtel, South Asia from 2010 – 2014. Prior to that he was the Vice President (Business Head) for Southeast Asia region for Samsonite Corporation, Singapore, from 2008 – 2010. He was also the Supply Chain Regional Director for Reckitt Benckiser PLC, South Asia from 2004 – 2008, and the Operational Director for Tupperware Brands Corporation, India from 1997 – 2004.
Ravi Kumar has been with the MAP group since 2014 and is currently responsible for Group digital initiatives & data analytics, Travel & Lifestyle SBU, IT and Supply Chain divisions. An Indian citizen born in 1961 (58 years old), he earned his Bachelor of Technology Degree in Mechanical Engineering in 1984 from SV University, India. He obtained his Post Graduate degree in Industrial Engineering from NITIE, India – one of the top management institutes in India where he was a gold medalist. In 2012, Ravi Kumar also attended a global transformational leadership course in Harvard Business School, Boston, USA.
Ravi Kumar Sreeramulu
Sandeep Achyut Naik
Commissioner
Sandeep Achyut Naik has been a Commissioner of the Company since 2017, based on the Statement of Shareholders Resolutions No. 2, dated 4 May 2017. He is a Managing Director at General Atlantic and serves on the firms Executive Committee. He is located in General Atlantic’s Mumbai office, where he serves as head of operations in India and Asia Pacific. Mr. Naik manages and oversees all of GA’s investments in the region, which include Krishna Institute of Medical Sciences Limited, BillDesk, House of Anita Dongre, IIFL Wealth Management, PNB Housing FinanceLtd., National Stock Exchange and Karvy Fintech., Byjus etc..
Previously, Mr. Naik served as a partner and co-head of the India office for Apax Partners, leading their investments in healthcare, financial & business services and retail & consumer sectors. Prior to joining Apax, he was a Global Marketing Manager at Medtronic Inc, a scientist at Mayo Clinic and a Consultant with McKinsey. He is also the co-founder of a medical device start up firm, InfraScan Inc., which is focused on detecting bleeding inside the brain using a handheld device.
Mr. Naik is an avid community worker. Among other philanthropic endeavors, he co-founded ToolBox India, an organization that brings professionals and non-profits together to improve productivity and efficiency within the social sector.
A United States citizen, born in India in 1972 (47 years old), Mr. Naik holds a BTech in Instrumentation Engineering from the University of Mumbai, an M.S. in Biomedical Engineering from the Medical College of Virginia and an M.B.A. in Finance from The Wharton School of Business, University of Pennsylvania. Mr. Naik was selected as a Young Global Leader by the World Economic Forum and served on the Global Agenda Council of ‘New Order of Economic Thinking’. Mr. Naik is also a member on the Wharton Asia Board and a Trustee at The American School of Bombay.
Sandeep Achyut Naik
Sean Gustav Standish Hughes
Independent Commissioner
Sean Gustav Standish Hughes is currently a Commissioner of the Company, appointed based on the the Company’s Deed No. 114, dated 26th August 2020. He also currently serves as a Commissioner of PT Mitra Adiperkasa Tbk since 2020, a Commissioner of PT Softex Indonesia since 2016 and as a Commissioner of PT Map Aktif Adiperkasa. He has been a senior advisor to the GITI Group since 2006.
Sean Hughes has held senior positions in numerous leading organizations in Indonesia, Australia and Singapore, predominantly in the investment banking sector where he has advised clients involved in a wide variety of industries on corporate finance matters.
He is a British citizen, born in 1953 (66 years old), and holds a Bachelor’s Degree in Business and is a Fellow of the Institute of Chartered Accountants in Australia and New Zealand and a Fellow of the Financial Services Institute of Australasia.
Sean Gustav Standish Hughes
Ashish Saboo
Independent Commissioner
Joined the Company in 2019, Mr. Saboo is currently a Commissioner of MBA, and his appointment was based on the Minutes of Meeting of the Extraordinary General Meeting of Shareholders no. 165 dated 25 October 2019. Concurrently, Mr. Saboo is the Managing Director at General Atlantic. Prior to this, he was a Commissioner of PT Trans Retail (appointed in 2016), Commissioner of PT Metropolitan Retailmart (appointed in 2015), Director of Finegold Resources Limited (appointed in 2013), and Director of Pacific Air Holdings (appointed in 2014).
In 2006, he joined CT Corp as a Business Development Director. His responsibilities include Corporate Finance, Mergers & Acquisition and Strategy for the Group. CT Corp is an Indonesia’s leading consumer-focused business group, with core focus on financial services, media, lifestyle, retail, property, entertainment and aviation.
Ashish Saboo started his career in PricewaterhouseCoopers Jakarta in 1997, where he became Executive Director of the Lead Advisory practice and was a key member of the Telecommunications, Media and Entertainment businesses of PricewaterhouseCoopers in Asia Pacific.
An Indian citizen, born in 1971 (48 years old). Mr. Saboo holds a Master’s degree in Business Administration and a Bachelor’s degree in Electronic and Communication Engineering.
Ashish Saboo
Anthony Cottan
President Director
Central to the Leadership team is Anthony Cottan. Currently the President Director of MBA (appointed based on the Statement of Shareholders Resolutions No. 2, dated 4 May 2017), he has been instrumental in leading the company’s growth nationwide. With Mr. Cottan at the helm, our F&B brands are recognised as the industry benchmark in Indonesia. Prior to that, he served as the Food & Beverage Director for PT Mitra Adiperkasa Tbk., from 2001 to 2016. Before he joined the Company, Mr. Cottan served with Club Corporation Asia as General Manager from 1989 – 2001 covering several ASEAN countries over his 12-year tenure.
Born in Portsmouth, England in 1964 (55 years old), Anthony Cottan earned his MBA from Oxford Brookes University, England in 2015.
Anthony Cottan
Sjeniwati Gusman
Director
Sjeniwati Gusman was appointed as a Director of the Company based on the Statement of Shareholders Resolutions No. 2, dated 4 May 2017. Sjeniwati Gusman is also a member of the Board of Directors at PT Mitra Adiperkasa Tbk since June 2005. Prior to that, she was an Independent Director for PT Mitra Adiperkasa Tbk, serving from 2004 to 2005.
An Indonesian citizen born in 1958 (61 years old), Sjeniwati Gusman earned her Bachelor’s Degree in Economics from University of Atmajaya, Jakarta, in 1983.
Sjeniwati Gusman
Varun Talukdar
Director
Varun Talukdar is currently a Director of the Company, appointed based on the Company’s Deed No. 114, dated 26th August 2020. Concurrently, he serves as the Vice President of General Atlantic, based in Mumbai, India.
Varun Talukdar was previously a Senior Associate of Observer for Premji Invest (Bangalore, India) from 2011 – 2013, a Senior Associate for Lehman Brothers Holdings (New York, US) from 2009 – 2011, Analyst for Bayside Capital / H.I.G. Capital (Miami, Florida, US) from 2008 – 2009, and Investment Banking Analyst for Global Industries Group – Banc of America Securities LLC (New York, US) from 2006 –2008).
An Indian citizen, born in 1984. He obtained his Bachelor of Science degree in Business Administration, Concentration in Finance from University of North Carolina at Chapel Hill, Chapel Hill, NC, in 2006.
Varun Talukdar
Ratih Darmawan Gianda
Director
Ratih Darmawan Gianda is currently a Director of the Company, appointed based on the Company’s Deed No. 114, dated 26th August 2020. Concurrently, she is the Vice President Group Investor Relations, Corporate Communication, and Sustainability of MAP Group.
She previously served as the Corporate Secretary of PT Map Aktif Adiperkasa Tbk in 2018 – 2020, Country Head of Samsonite Indonesia, JV Partner of PT Mitra Adiperkasa Tbk (MAPI) in 2008 – 2018, Group Head of Investor Relations at MAPI in 2005 – 2008, General Manager of Golf Division at MAPI in 2000 – 2005 and Division Manager of Golf Division at MAPI in 1999 – 2000.
An Indonesian Citizen, born in 1966. Ratih Darmawan Gianda obtained her Bachelor of Business Administration degree from Monash University, Australia in 1991.
Ratih Darmawan Gianda
Pinky Ong Torres
Director
Pinky Ong Torres has been a member of the Board of Directors of the Company since 2017, based on the Statement of Shareholders Resolutions No. 2, dated 4 May 2017. Previously, she was a Senior GM for the Company’s Sports Business from 2013 – 2015. Prior to that, she held numerous key positions in several companies, including Manager at SGV Utomo (2001 – 2003), and AVP for Corporate Planning at Bank Putra Surya Perkasa (1997 – 2000).
Born in Philippines in 1966 (53 years old), Pinky Torres earned her Master of Business Administration from De La Salle University, Philippines, in 1995. She is also a Certified Public Accountant (CPA), earning her license in 1986.
Pinky Ong Torres
AUDIT COMMITTEE
The Audit Committee functions to support the Board of Commissioners in performing its oversight duties in accordance with prevailing requirements of OJK Regulation No. 55/POJK.04/2015, 29 November 2015, regarding the Establishment and Guidelines for the Work of Audit Committees, and the Indonesia Stock Exchange – pertaining to the integrity of financial report, risk management and internal control; compliance with legal and regulatory requirements; the external auditor’s performance, qualifications and independence; and the performance of the internal audit function. The Audit Committee, however, functioned independently.
Members of the Company’s Audit Committee are elected by the Board of Commissioners. One of the members is the Company’s Independent Commissioner who reports directly to the Board of Commissioners. All members of Audit Committee intensively attend meetings which are scheduled every quarter (4 times a year) to review the effectiveness of internal audit functions, evaluate the effectiveness of audit implementation by external auditor, review all financial statement, and evaluate effectiveness of internal control.
In 2019, the Audit Committee members were:
Mr. GBPH H. Prabukusumo, S.Psi (Chairman)
Born on 27 December 1954. He earned his Bachelor’s Degree in Psychology from Universitas Gajah Mada, Yogyakarta in 1996. He has served as Independent Commissioner of the Company since June 2009.
Mr. Riono Trisongko (Member)
Born on 15 July 1959. He earned his Diploma in Accountancy in 1988 from Sekolah Tinggi Akuntansi Negara. He has served as a member of Audit Committee of the Company since 2017.
Mr. Wahyu Septiana (Member)
Born on 11 September 1960. He earned his Diploma in Accountancy in 1988 from Sekolah Tinggi Akuntansi Negara. He has served as member of Audit Committee of the Company since 2018.

During 2019 the Audit Committee has carried out their functions and responsibilities pursuant to the Audit Committee Charter.
Appointment of Chairman and Members of the Audit Committee was based on Resolution of Board of Commissioners’ meeting on 22 October 2018. The Audit Committee’s term of duty for this period will end at the closing of the 2020 AGMS. In 2019, the Audit Committee did not participate in any competency enhancement program.
Corporate Secretary PT Map Boga Adiperkasa Tbk
Adolf Martua Panggabean
An Indonesian citizen, born in 1974 (46 years old). Mr. Adolf Martua Panggabean acquired his Bachelor of Law Degree from University of Indonesia, in 1997. He then earned his Master of Laws degree from Universitas Pelita Harapan, Indonesia, in 2018. Adolf has held several legal positions in various organizations. Appointed as the Corporate Secretary of PT Map Boga Adiperkasa Tbk in June 2020, concurrently he is a Senior Division Manager of the Legal Department at PT Mitra Adiperkasa Tbk, parent company of PT Map Boga Adiperkasa Tbk.
Structure and Membership
G.B.P.H.  H. Prabukusumo, S.Psi (Chairman)
Indonesian citizen, born in 1954. He earned his Bachelor’s Degree in Psychology from Universitas Gajah Mada, Yogyakarta in 1996. He has served as Chairman of the Nomination & Remuneration Committee of the Company since 2018.

Johanes Ridwan (Member)
Indonesian citizen, born in 1965. He earned his Bachelor’s Degree in Law from University of Indonesia, in 1990. He has served as a member of the Nomination & Remuneration Committee of the Company since 2019.

Kiswati (Member)
An Indonesian citizen, born in 1977. Ms. Eva Indonesian citizen, born in 1965. Prior to joining MAP, Ms. Kiswati held key positions in other companies, including PT Sulindafin and PT Tolino. She earned her Bachelor Degree from (STIE). She has served as a member of the Nomination & Remuneration Committee of the Company since 2018.

Appointment of Chairman and Members of the Nomination & Remuneration Committee was based on the Board of Commissioners’ Decree No. Kep-Kom-001/MAP/III/2017 dated 16 March 2017. The Committee’s term of duty for this period will end at the closing of the 2020 AGMS. In 2019, the Nomination & Remuneration Committee did not participate in any competency enhancement program.
Trisnowibowo
Indonesian citizen, born in 1959, Mr Trisnowibowo is currently an Internal Auditor for MAP. Prior to joining MAP, Mr. Trisnowibowo held various executive positions at Indonesian Financial and Development Supervisory Agency (1983 – 2000) and Department of Finance – Directorate General for State Financial Monitoring (1981 – 1983). He earned his Master of Business Administration Degree from University of New Brunswick, and his Diploma IV Degree from State College of Accountancy (STAN). 

Appointment of the Internal Audit Unit was based on the President Director’s Decree No. 001/PERS/KET/MAP/I/2016 dated 3 January 2016. His appointment as Chairman of the Internal Audit Unit was based on his academic background and professional experiences in related fields.