Borrelli Walsh is pleased to announce that Wielmen Rumli has joined the firm as a Director in Jakarta. Wielmen is a senior restructuring and corporate finance professional with more than 14 years’ experience. Wielmen adds further strength to the management team, which includes Directors Ben Crilly and Fitri Rachmawaty.
Wielmen has a particular focus on restructuring in the oil and gas industry. His recent assignments include the restructuring of Indonesian oil and gas and downstream servicing companies, and the acquisition of businesses and assets on behalf of a Chinese investment group.
Prior to joining Borrelli Walsh, Wielmen was the Head of Corporate Finance and Business Development for Geo Corporation, an oil and gas investment company in Indonesia. Before returning to Indonesia, Wielmen spent 10 years in banking in Australia.
Borrelli Walsh’s team of 15 professionals is the largest and leading specialist restructuring team in Indonesia. The team is based in Jakarta and has extensive practical on-the-ground restructuring experience across a range of industries, including coal, oil and gas, palm oil, shipping and retail. The team has advised on almost all of the major restructurings in Indonesia in recent years, with an aggregate debt value in excess of USD20 billion (IDR290 trillion).