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Board of Directors

Maydin Sipayung  – President Director/CEO

Maydin Sipayung holds a degree in Mining Metallurgical Engineer from the Bandung Institute of Technology, ITB (1986) and Master of Business Administration from School of Business and Management, ITB (2002) as well as Master of Energy Economics from Faculty of Economics, University of Indonesia (2007). Doctor of Business Management from the Graduate School of  Business of Bogor Agricultural University (IPB) in Bogor (2012).

He began his carrier in 1987 as the Junior Researcher in the Mining Metallurgy Research Centre Operation Department of Freeport Indonesia, Irian Jaya. In 1989 he moved to Astra Group as Department Head of Production Planning & Control and in 1990 promoted to Marketing Manager. In 1993 he moved to PT Tambang Batubara Bukit Asam Tbk (Persero) as Staff of Technical Director and in 1994 promoted to Marketing Development Manager for Coal Briquette Development Project until 2001. Before he resigned voluntarily from PT Bukit Asam Tbk in 2004, the last position was Senior Staff Marketing.

Since February 2006 until present, he is the Managing Director of PT Coalindo Energy and become the Managing Director/CEO of PT Coalindo Energy since July 2011, then become the President Director/CEO of PT Coalindo Energy in June 2018, a joint venture company with Argus Media Limited (London) for developing Indonesia Coal Index (ICI).


Nico Tahir  – Director

Nico Tahir, an Indonesian citizen, age 45, has worked for the Astra Group for about 25 years. He started his career at PT Astra Graphia as a salesman before moving to the finance area at PT Astra International Tbk, until 2006 (lastly as the Group Treasurer). He was then assigned to various operational units, among others, as the CFO of PT Serasi Autoraya (car rental and used car unit), PT Astratel Nusantara (infrastructure unit), and PT Pamapersada Nusantara (mining contracting unit). Since April 2015, he has been re-assigned to a new post as the President Director of PT Tuah Turangga Agung Group, the sub-holding unit of the coal mining assets of the Astra Group.

He graduated from Tarumanagara University in Jakarta in 1994, majoring in Finance.

He joined PT Coalindo Energy as a Director since July 2015.


Feisal Sham  – Director

Feisal Sham has over 20 years of experience in the international intelligence services and regional advertising businesses having held key commercial management appointments in the hospitality, retail, petrochemicals and energy industries .

He has worked in AP Publications, SAFAN Ltd, HB Media and ICIS, and is to date, the Senior Vice President of Sales and Marketing, Asia Pacific, for Argus Media Limited.

He leads business teams in Tokyo, Singapore and Beijing. His primary responsibilities include vendor partnerships, training, business development, key account management, business planning, developing and driving revenue generation licensing models.

He has been with Argus Media Limited since 2000 and commercially structured the Indonesian Coal Indices (ICI) and development business since 2006. Since July 2011 he became the Director of PT Coalindo Energy.