Ignasius Jonan


Ignasius Jonan is an Indonesian professional who was the Indonesian Minister for Energy and Mineral Resources serving under President Joko Widodo's administration. He is a former Indonesian Minister of Transportation and a former CEO of the Indonesian government-owned railway company, PT Kereta Api Indonesia which he headed from 2009 to 2014.
Born in Singapore, Jonan received his Bachelor's degree in Accounting from Airlangga University, Surabaya in 1986, and M.A. in International Relations and Affairs from the Fletcher School of Law and Diplomacy and Tufts University in 2005. He started his professional career in the banking sector, holding a managing director role in the American banking and financial services corporation, Citigroup, before entering the public transportation sector in 2009. He was named by Sofyan Djalil, the then-Minister of State-owned Enterprises, to lead P.T. Kereta Api Indonesia.

Early life and education

Jonan was born on 21 June 1963 in Singapore. He grew up in Surabaya, graduating from St. Louis 1 Catholic High School in the city. He later graduated with a Bachelor's degree in Accounting from Airlangga University's School of Business and Economics in 1985. He took executive and management programs between 1999 and 2000 from Columbia Business School and John F. Kennedy School of Government at Harvard University. Jonan received his Master's degree in International Relations in 2005 from the Global Master of Arts Program at The Fletcher School of Law and Diplomacy, Tufts University.

Career

Jonan started his career as an accountant and investment manager. In 1999, he became Director for Private Equity at Citigroup branch in Indonesia. Two years later, he was appointed CEO of the government-owned investment firm, PT. Bahana Pembinaan Usaha Indonesia, assuming the role until 2006. From 2006 to 2009, he was promoted by Citi as Managing Director and Head of Investment Banking for Indonesia.
Jonan was appointed head of P.T. Kereta Api Indonesia in 2009, in the midst of the railway company's output and financial troubles, He was faced with PT. KAI's 27,000 employees with low expectations in terms of work quality, a financial deficit, and a high percentage of substandard or broken locomotives, diesel trains, freight cars and crumbling stations.
Within 5 years, he overturned public perception of the failing Indonesian rail transportation system. The company was able to increase passenger ridership by 50% in 2014 compared to when Jonan took up the role in 2009. Freight loads have also doubled to nearly 30 million tons per year.

Ministerial roles

On 26 October 2014, the newly-elected Indonesian President Joko Widodo named him as the 37th Minister of Transportation. However, on 27 July 2016, President Joko Widodo terminated him in a cabinet reshuffle. In response to the reshuffle, Ignasius Jonan, with a flat face, said, "I will come back". On 14 October 2016 the president appointed Ignasius Jonan again, but now as Minister of Energy and Mineral Resources with Arcandra Tahar as his deputy.