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Bali News

Garuda's CEO Resigns

Abdulgani Tells Parliament Committee He Wants to Go.


Bali News: Garuda's CEO Resigns
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(2/4/2002)

Garuda Indonesia President and Chief Executive Officer, Saidan Abdulgani chose a meeting before a Parliamentary Committee on Monday, January 28, 2002, to make a surprise announcement: He was resigning as the man-in-charge at the National Carrier.

Confirming to the lawmakers that he had already submitted a letter of resignation to the Minister for State Owned Enterprises, Laksamana Sukardi the previous week, Abdulgani said that he felt that by successfully restructuring the Airline's massive debt and bringing the Company to operational profitability, he had achieved the goals set for him and it was now time to move on.

The respected manager who holds degrees from the University of Indonesia, Harvard University, and the University of Colorado, introduced a five-point program when he took the reigns in 1998 that tasked the Airline to improve operational efficiencies, improve service, grow revenues and route yields, and manage costs. Simultaneously, he succeeded in revitalizing a critically ill corporate culture repositioning the airline - both internally and externally - as a customer focused company with advertisements in the print and electronic media underlining that fact, backed up by great strides forward in on-time performance and passenger innovations.

Prior to his assignment with Garuda, Abdulgani served in management roles with a number of leading financial institutions.


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