Bacelius Ruru graduated from the Faculty of Law, the University of Indonesia in 1975 and obtained an LLM (Lex Legibus Master/Master of Law) from Harvard Law School, USA.
He was appointed as President Commissioner concurrently Independent Commissioner of the Company based on Deed Number 31 dated May 15, 2019 made before Aulia Taufani, S.H., Notary in South Jakarta and reappointed based on Deed Number 109 dated August 26, 2020 made before Aulia Taufani, S.H., Notary in South Jakarta. Previously, he served as an Independent Commissioner of the Company based on Deed Number 65 dated March 30, 2012 made before Dina Chozie, S.H., Notary Candidate, substitute of Fathiah Helmi, S.H., Notary in Jakarta, and reappointed based on Deed Number 72 dated May 24, 2016 made before Aulia Taufani, S.H., Notary in Jakarta.
He concurrently serves as President Commissioner of PT Axle Asia (insurance broker) since 2008, President Commissioner of PT Tuban Petrochemical Industries since 2003, and Independent President Commissioner of PT Polychem Indonesia since 2003 and President Director of PT Agung Podomoro Land Tbk since 2019.
He served as President Commissioner of PT Perusahaan Pengelola Aset (Persero) from 2004 to 2008, President Commissioner of PT Telekomunikasi Indonesia Tbk from 2001 to 2004, President Commissioner of PT Bursa Efek Indonesia from 2001 to 2008), Secretary of the Ministry of State-Owned Enterprises (SOE) from 2001 to 2004, Deputy State Minister/Deputy Head of Investment and Development of SOE Supervision and Control, Office of the Minister of SOE from 2000 to 2001, Assistant of the Minister/Deputy in Mining and Agro-Industry Business, Office of the Minister of SOE Utilization from 1999 to 2000, Assistant of the Minister of SOE/Deputy for SOE Competitive Management Board from 1998 to 1999, Director General of SOE Development, Department of Finance from 1995 to 1998, and Chairman of Capital Market Supervisory Agency, Department of Finance from 1993 to 1995.
He has no affiliation with members of the Board of Commissioners, the Board of Directors, nor the majority and controlling shareholders.