Rafael Buhay Concepcion

Executive Director and Chief Financial Officer at Golden Agri-Resources

Mr. Rafael Buhay Concepcion, Jr. is an Executive Director and the Chief Financial Officer of GAR. He was appointed as a Director of GAR in August 2002 and as its Chief Financial Officer in January 2013. His last re-appointment as a Director was in 2019.

Mr. Concepcion, aged 53, studied at the University of the Philippines where he obtained a Bachelor of Science in Economics in 1988. He later obtained a Master in Business Management from the Asian Institute of Management, Philippines in 1992 with scholarship from SGV Philippines.

Mr. Concepcion worked on regional projects and has extensive experience in corporate and financial planning. After 5 years with Pilipinas Shell Petroleum Corporation, Mr. Concepcion joined PT Sinar Mas Agro Resources and Technology Tbk, a subsidiary of GAR listed on the Indonesia Stock Exchange, and now holds the position of Commissioner. Mr. Concepcion also sits on the boards of several subsidiaries of GAR.


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Golden Agri-Resources

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Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products across the world. It operates through four segments: plantation and palm oil mills, palm and laurics, oilseeds and others. The plantation and palm oil mills segment consists of the products from upstream business. The palm and laurics segment consists of the processing and merchandising of palm-based products, such as bulk and branded, as well as oleo chemicals. The oilseeds segment consists of the processing and merchandising of oilseeds-based products, such as bulk and branded, and the others segment consists of the production and distribution of food and consumer products in China and Indonesia.


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