Saiful M. Ruky


    Founder of RSR, he is a leading practitioner and sponsor of business valuation service in Indonesia.

    He introduced the discipline of business valuation to the Indonesian appraiser society after studying it at Arthur D. Little Institute in Boston, USA, and Institute of Business Appraisers in Washington, DC, and New York.

    He is an active member of the Board of Appraiser and the Board of Examiner Advisors at MAPPI.

    He has over 40 years of experience in the real sector, project finance, and business valuation. He also worked as a project financing consultant for the World Bank.
    He is a frequent speaker in various seminars/trainings, a resource person in business valuation standard and regulation making by related associations and authorities.

    He also wrote numerous articles on business valuation, and has published 2 textbooks used as references of Indonesian business valuers i.e. “Menilai Penyertaan Dalam Perusahaan” and “Fairness Opinion, Pendapat Kewajaran Transaksi Korporasi”.


    • Master of Business Administration, European University
    • Graduate in Management, University of Padjadjaran
    • Graduate Diploma in Management, RVB, Delft, Netherland
    • Accredited Senior Business Valuer, Certified by MAPPI No : 97-S-01011