The Mandalika, September 10, 2026 – PT Pengembangan Pariwisata Indonesia (Persero), also known as InJourney Tourism Development Corporation (ITDC), has once again received recognition for its commitment to strengthening governance, risk management, and compliance as part of the company's business transformation.
At the TOP GRC Awards 2026 held at Ballroom 5, Raffles Hotel Jakarta, on Wednesday (9/9), ITDC won three awards: the TOP GRC Awards 2026 – #4 Star, The High Performing Board of Commissioners on GRC 2026, and The Most Committed GRC Leader 2026, which was awarded to ITDC’s Acting President Director, Ahmad Fajar. The awards were received by ITDC’s Independent Commissioner, Ekos Albar, who attended on behalf of ITDC.
The award is an appreciation of ITDC's efforts in building the implementation of Governance, Risk Management, and Compliance (GRC) that is increasingly integrated into the company's strategy, business processes, oversight, and decision-making. ITDC's Independent Commissioner, Ekos Albar, said that strengthening GRC requires a joint commitment between the Board of Commissioners, the Directors, and all company members. “This award is both an appreciation and a motivation for us to continue strengthening corporate governance. GRC shouldn’t just stop as a supervision and compliance system, but it must become a culture embedded in business processes and decision-making. The Board of Commissioners will continue to encourage the strengthening of oversight and risk management functions so that ITDC can carry out its role as a master developer and asset manager prudently, adaptively, and sustainably,” said Ekos Albar.The award is an appreciation of ITDC's efforts in building the implementation of Governance, Risk Management, and Compliance (GRC) that is increasingly integrated into the company's strategy, business processes, oversight, and decision-making. ITDC's Independent Commissioner, Ekos Albar, said that strengthening GRC requires a joint commitment between the Board of Commissioners, the Directors, and all company members. “This award is both an appreciation and a motivation for us to continue strengthening corporate governance. GRC shouldn’t just stop as a supervision and compliance system, but it must become a culture embedded in business processes and decision-making. The Board of Commissioners will continue to encourage the strengthening of oversight and risk management functions so that ITDC can carry out its role as a master developer and asset manager prudently, adaptively, and sustainably,” said Ekos Albar.
GRC from Compliance to Business Enabler Acting President Director of ITDC, Ahmad Fajar, emphasized that the growing scale and complexity of ITDC's business demand that GRC be positioned not just as a control mechanism, but as part of business judgment in every strategic decision. ITDC is currently developing and managing three tourism areas with different characteristics: The Nusa Dua in Bali, The Mandalika in West Nusa Tenggara, and The Golo Mori in Labuan Bajo, East Nusa Tenggara. As a master developer and asset manager, ITDC not only develops the areas and infrastructure but also manages assets and builds a business and tourism ecosystem within them.GRC from Compliance to Business Enabler Acting President Director of ITDC, Ahmad Fajar, emphasized that the growing scale and complexity of ITDC's business demand that GRC be positioned not just as a control mechanism, but as part of business judgment in every strategic decision. ITDC is currently developing and managing three tourism areas with different characteristics: The Nusa Dua in Bali, The Mandalika in West Nusa Tenggara, and The Golo Mori in Labuan Bajo, East Nusa Tenggara. As a master developer and asset manager, ITDC not only develops the areas and infrastructure but also manages assets and builds a business and tourism ecosystem within them.
"For ITDC, GRC is more than just compliance. GRC is the foundation for making the right business decisions, protecting the company from risks, and at the same time helping us see opportunities and create value. That's why GRC has to be present from the moment strategies are formulated, risks are identified, decisions are made, all the way to implementation and performance evaluation," said Ahmad Fajar.
According to him, effective GRC implementation should be able to give management a complete perspective in understanding the relationship between strategy, risk, compliance, internal control, audit, ESG, and company performance. ITDC brings this approach to life through the implementation of Integrated GRC, including risk-based RKAP, Risk Appetite Statement, Board Meetings and Risk Management Forums, as well as strengthening the functions of committees that support company oversight and control.
Tone from the Top, Role Model, and GRC Culture According to Ahmad Fajar, the success of GRC implementation ultimately depends heavily on tone from the top, leadership role modeling, and the company's consistency in building awareness and learning so that GRC becomes ingrained in the organizational culture. GRC is not enough to just appear in policies, procedures, or oversight forums. These principles must be a part of how the company sets priorities, assesses risks and opportunities, and makes business decisions.
"Awards are not the ultimate goal. What’s far more important is how we build a strong and sustainable GRC system, so that GRC becomes a culture and continues to work in every company decision-making process. That’s the legacy we want to build," said Ahmad Fajar.
For ITDC, the success of GRC is not solely measured by the level of compliance with procedures, but by its ability to support better business decisions, improve performance and efficiency, protect assets, and create long-term value for the company and all stakeholders. This aligns with the approach ITDC has developed to make GRC an enabler for healthy, adaptive, and sustainable business growth. This Integrated GRC approach is part of the principle that ITDC continuously strengthens: Protect Value. Create Value. Sustain Value.
Protecting the company's value through good governance and risk management, creating new opportunities and performance through quality business decisions, and ensuring that value can continue to grow and be sustainably preserved.