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Press release: Gen Advisory Pty Ltd appoints KILSA as official local partner in Indonesia

Updated: Dec 26, 2023

This appointment enhances Gen Advisory’s ability to assist clients wishing to operate in the Australian and Indonesian jurisdictions.



Jakarta, 11 August 2023


Gen Advisory Pty Ltd (“Gen Advisory”) announced today that it has appointed PT. KILSA Mega Indonesia (“KILSA Indonesia”) as our official local partner in Indonesia.

 

This appointment:

 

  • enhances Gen Advisory’s ability to assist clients wishing to operate in the Indonesian jurisdiction; and

  • conversely: enhances KILSA’s ability to assist clients wishing to operate in the Australian financial sector.

 

Gen Advisory’s and KILSA’s clients will now be able to access:

 

  • Gen Advisory’s team of Sydney and Jakarta-based financial sector experts; coupled with

  • KILSA’s global team of business matching and development specialists.


From Gen Advisory Pty Ltd’s perspective: This appointment enables our firm to establish a preliminary footprint in the Indonesian market – as a precursor to our eventually establishing a more permanent corporate presence in this country.

 

Gen Advisory believes that the Australian and Indonesian jurisdictions both present attractive business opportunities, albeit in very different ways”, said Gen Advisory’s principal and managing director Michael Lukman.

 

"This KILSA appointment will enable Gen Advisory to contribute to both jurisdictions' growth.”

 

KILSA is delighted to be appointed Gen Advisory’s official local partner in Indonesia”, said Wisnu Nugroho, managing director of PT. KILSA Mega Indonesia. “Gen Advisory has been a close supporter of KILSA since the early days of our firm’s establishment. KILSA and I look forward to continuing to support Gen Advisory and their clients in the years to come”.

 


About Gen Advisory Pty Ltd

 

Gen Advisory Pty Ltd is a niche, Sydney-based Australian professional services firm supporting organisations wishing to operate in the Australian financial sector and/or broader Indonesian economy.

Led by experienced financial sector adviser and ex-APRA regulator Michael Lukman, Gen Advisory comprises a team of Sydney and Jakarta-based financial sector experts. Our services include: market analyses; training; regulatory strategy; licensing; and project management.


 

About PT. KILSA Mega Indonesia

 

PT. KILSA Mega Indonesia is a Jakarta-based management consulting firm whose core competencies include: market penetration; business execution; and helping companies to achieve growth targets. The firm’s core mission is to provide value-added support to businesses wishing to expand into Indonesia.

 

PT. KILSA Mega Indonesia is a foreign-owned Indonesian subsidiary company of KILSA Global Pte Ltd  (“KILSA Global”) – a Singapore-headquartered global group of companies that helps innovative businesses accelerate business expansions into S.E.A and Korea.


Media Contact (Gen Advisory)

Michael Lukman

Managing Director, Gen Advisory Pty Ltd

E: michael.lukman.lukman@gnad.com.au

P: +61 (0)2 8088 0744

W: gen-advisory.com.au

Media Contact (KILSA Indonesia)

Wisnu Nugroho

Director, PT KILSA Mega Indonesia

E: wisnu@kilsaglobal.com

M: +62 (0)813 8109 7003

W: kilsaglobal.com





Note: To download a printable version of this press release, please click here.

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