A goes Projosasmito is a prominent Indonesian businessman with a long and influential career in the country's banking, finance, and mining sectors. A veteran executive, he has held top positions at a number of major corporations. His wealth surged significantly due to his substantial stake in Amman Mineral Internasional, one of Indonesia's largest copper and gold mining companies. He serves as the company's president commissioner, a role equivalent to chairman of the board.
His journey to becoming a mining magnate is rooted in his deep experience in corporate finance. Before his current role, Projosasmito was the president director of Star Energy, an oil and gas company, and previously held a key post at the Indonesian Bank Restructuring Agency (IBRA), which was formed after the Asian financial crisis. His strategic acumen came to the forefront when he helped orchestrate the acquisition of the mining assets that would become Amman Mineral. The company's successful IPO in 2023 was one of the largest in Indonesia's history, cementing his status as one of the country's wealthiest individuals.
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Agoes Projosasmito, an Indonesian national born in 1955, is a veteran professional whose career spans over four decades in high-stakes finance and the massive Indonesian mining sector. His intellectual foundation was built in both Indonesia and Australia, starting with a Bachelor of Economics degree from Satya Wacana Christian University in 1982.
He further specialized by obtaining a Diploma in Economics of Development from the Australian National University (ANU) in Canberra in 1988. This deep understanding of both financial markets and macroeconomic development provided him with the perfect analytical toolkit to advise on and execute large-scale resource and capital market transactions, a skill set that would define his immense success as a leading investment banker and corporate fixer in Indonesia.
Agoes Projosasmito began his career in 1982 at the state-owned investment banking firm Danareksa (Persero) as the Head of Capital Markets. This initial period immersed him in the intricacies of Indonesia's rapidly developing financial landscape. Over the next two decades, he held key leadership roles, including Vice President Director at DBS Securities Indonesia. His background as a seasoned investment banker earned him the trust of some of Indonesia’s most powerful tycoons.
The critical turning point in his career came when he transitioned from pure finance to operational and strategic leadership in the mining industry, where he now has over 15 years of experience. He is considered a trusted ally of Indonesian billionaire Anthoni Salim, a relationship that began in 1989 when he assisted with the IPO of Salim's cement company, 'Indocement Tunggal Prakarsa'. He parlayed this trust and financial acumen into significant ownership stakes, particularly in the copper and gold sector, which led to a massive surge in his wealth following the Amman Mineral Internasional (AMMN) IPO in 2023.
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Graduated from university and began career as Head of Capital Markets at Danareksa (Persero).
Began a trusted relationship with Anthoni Salim, assisting with the IPO of Salim's cement company.
Held key roles including Vice President Director at DBS Securities Indonesia.
Partnered with Medco Energi to acquire the Indonesian arm of Newmont Mining.
Appointed President Commissioner of Amman Mineral Internasional (AMMN).
AMMN went public in a massive $710 million IPO on the Indonesia Stock Exchange, leading to a huge surge in his personal wealth.
Continues to serve in leadership and board roles across major mining and energy companies, including 'Bumi Resources'.
Agoes Projosasmito's wealth is rooted in his strategic minority stakes in vast Indonesian resource conglomerates, often holding influential board and commissioner positions due to his financial expertise and close relationship with key industrial families.
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Given his decades spent in high-level corporate finance and mining, Agoes Projosasmito’s primary social contribution is through the large-scale employment and economic development generated by his industrial ventures. His career has focused on steering massive, foundational Indonesian companies, whose stability and growth are critical to regional and national prosperity.
His investment philosophy is inherently developmental: by controlling and professionalizing major natural resource companies (copper, gold, coal, oil), he directly influences Indonesia’s GDP and its position in the global supply chain. While detailed personal philanthropic foundations are not widely publicized, his focus is clearly on high-impact economic structures. He has served as a member of the 'Economic Council Member in Capital Market Professional Standard Committee', indicating a long-term commitment to professionalizing the financial sector that underpins Indonesian growth.
Agoes Projosasmito embodies the restrained but absolute power of an Indonesian industrialist and investment veteran. His lifestyle is characterized by the discretion of a man whose success is built on complex deals and long-term resource exploitation, not public fanfare.
His public style is that of a serious, high-level executive—impeccably tailored dark suits and formal business wear, signaling authority and professionalism in the highest echelons of Indonesian and global finance. His true luxury is his influence: commanding board seats and strategic control over some of Indonesia's most valuable copper and gold reserves. Residing in Jakarta, his wealth allows him to invest strategically across the world's most vital resource and energy markets, moving capital with the expertise gained from decades in high-stakes investment banking.
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-0.67% | -$37.87M
+0.57% | +$23.45M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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