May 30, 2011

Glenn Yusuf returns to Surya Citra Media

After resigning from board of commissioner at PT Surya Citra Media Tbk (SCMA) in 6 months, Sariaatmadja family, controlling shareholder, has re-appointed Glenn Muhammad Surya Yusuf as commissioner.
Glenn Yusuf announced his resignation from SCMA's commissioner in SCMA, holding firm of TV station SCTV, late November last year.
Surya Citra Media sent an official disclosue to Indonesia Stock Exchange on November 26, saying Glenn resigned from SCMA because he was named as commissioner in one of private bank. CIMB Group Holdings Berhad mandated Glenn as non-executive director early last year after serving CIMB Group's International Advisory Panel in 4 years.
In a shareholders' meeting of Surya Citra Media held on November 26, Director Salusra Wijaya has been replaced with Grace Wiranata. 
Glenn will team up with other commissioners such as HBL Mantiri, Segara Utama, and Agus Lasmono. Surya Citra Media is controlled by Sariaatmadja family. Fofo Sariaatmadja is now at the helmet by holding president director.
Glenn holds a Bachelor of Arts in Economics from the University of the Philippines, Manila in 1979 and a Master in Business Management from the Asian Institute of Management, Manila in 1981. 

Disclosure: No position at the stock mentioned above.

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