To positively impact lives through mobility and social integration.
To create ecosystems of the best ideas delivered through the most relevant products and services in the most effective ways, by the most talented people in our industry.
Progressive Thinking.
Active Ownership.
Collaboration.
MPM, the precursor to today’s PT Mitra Pinasthika Mustika Tbk, was founded by William Soeryadjaya
PT Federal Karyatama (FKT) was established in 1988 to produce motorcycle lubricants for OEM market as well as for our own branded products.
Opened the first MPMotor retail outlet for the direct sale of motorcycles.
Acquired our initial shareholding in PT Sasana Artha Finance (SAF), which was originally established in 1992.
MPMulia was established and the motorcycle distribution business was transfered from MPM to MPMulia.
Acquired MPMRent and MPMFinance and their subsidiaries.
MPMInsurance was established.
JACCS Co., Ltd. acquired 40% of the shares in SAF, with an option to acquire additional shares.
MPM was listed on the Indonesian Stock Exchange.
MPMAuto, a subsidiary of MPM, was appointed to become a second national dealer by PT Nissan Motor Distributor Indonesia (“NMDI”) on 23 August 2013.
Merger of MPMF & SAF finalized.
MPMParts was established
MPM listed as one of “50 Best Companies” by Forbes Indonesia.
Finance Director
View StructureIndependent
Director
Commissioner
Danny Walla has been a commissioner of MPM since 2010. He was one of the founding employees of PT Federal Motor, which later became PT Astra Honda Motor. During his 34-year tenure with the Astra Group, he held CEO positions at several subsidiaries, including: PT Astra Agro Lestari Tbk and PT Astra Otopart Tbk. Danny Walla received his Bachelor of Science in Mechanical Engineering from the Bandung Institute of Technology in 1971.
Commissioner
Tossin Himawan was appointed commissioner of MPM in 2013. He is an industry veteran with more than 40 years of experience in the automotive and consumer finance sectors. He joined MPM in 2010 as President Director. Prior to MPM, Tossin Himawan worked at the Astra Group from 1972 to 2009. His last role there was as President Commissioner of PT Astra Otopart Tbk, the Astra auto-parts business. Tossin Himawan has also held other senior leadership positions within the Astra Group including as Director of PT Federal Motor from 1987 until its transformation into PT Astra Honda Motor at which time he was appointed as joint CEO, Director at PT Astra International Tbk, Commissioner at PT Federal International Finance, and Commissioner of PT Astra Credit Companies. Most recently he served as President Commissioner of PT Astra Honda Motor. Tossin Himawan received his Doctorate of Corporate Management from the University of Parahyangan in 1973.
President Commissioner
Edwin Soeryadjaya has been a President Commissioner of MPM since 2010. In June 2015, he also has been appointed as a member of Nomination and Remuneration Committee (NRC) of MPM. He is a prominent figure in the Indonesian business community with an established record of adding value to companies and bringing them into the public market through PT Saratoga Investama Sedaya Tbk, an active investment company in Indonesia, which he co-founded. He received his Bachelor of Business Administration from the University of Southern California in 1974.
Independent Commissioner
Istama Tatang Siddharta was appointed Independent Commissioner and Head of Audit Committee as well as NRC Member of MPM in 2013. He is currently also a commissioner at PT Austindo Nusantara Jaya Tbk. Previously, he was Chairman of KAP Siddharta Siddharta & Widjaja, the Indonesian partner of the international accounting firm KPMG. Istama Tatang Siddharta is a member of the Institute of Indonesian Accountants and holds a Master degree in Accounting from the University of Indonesia.
CFO
Beatrice K. Busono graduated from Trisakti University, Jakarta in 1997 majoring in Accounting. She joined Saratoga Group in 2008 where she was appointed the Head of Finance Department in 2013 and Finance Director of companies which are members of Saratoga Group in 2015.
Previously, Beatrice was Auditor at Public Accountant Office, Hans Tuanakota & Mustofa (member of Deloitte) from 1997 to 2000 and supervised the accounting, budget and reporting division of PT Apac Inti Corpora Group for 8 years.
President Director / CEO
Mr. Suwito Mawarwati is an Indonesian citizen, 54 years old.
He graduated from the Tarumanegara University, Jakarta, majoring in Management (1987). He has been with MPM Group since 1997, first as the Director of PT Mitra Pinasthika Mustika in Surabaya followed by his appointment as the President Director of PT Mitra Pinasthika Mulia, a subsidiary of PT Mitra Pinasthika Mustika Tbk and the sole distributor for HONDA motorcycles in East Java and East Nusa Tenggara.
Prior to joining MPM Group, Mr. Suwito Mawarwati had worked in PT Astra International Tbk, Honda Sales Operation (1987-1997).
Independent Director
Titien Supeno joined MPM in 2013 as the Human Resource Director. She has more than 16 years of experience in human resource management and marketing analysis. From 2009 to 2013, she served as Vice President of Human Capital at PT Anugerah Pharmindo Lestari, a Zuellig Pharma Company. Before APL, she was Senior Manager of Employee Development and the General Manager of Human Resource at PT Heinz ABC, and held various management positions at PT HM Sampoerna (Philip Morris International). Titien Supeno received her Master of Economics from the University of Trisakti in 1996.
We will continue to abide by the Good Corporate Governance principles as stipulated in the relevant regulations of the Financial Services Authority (Otoritas Jasa Keuangan), the Indonesian Stock Exchange as well as the prevailing Capital Market regulations
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