Our People

The team

We come from government, regulatory bodies, politics, industry, civil society, and academia

We know how policies are drafted, how they are enforced, where influence resides, and how to move it.

Sakti Ryan

Founder and Managing Partner

Ryan Eka Permana Sakti is a strategist and former government advisor with over a decade of experience at the intersection of law, policy, and strategic communications. He is the Founder and Managing Partner of Northbound Strategies, a firm helping public and private institutions navigate Indonesia’s complex policy, political, and regulatory landscape with clarity, credibility, and purpose.

Academically trained as a lawyer with expertise in financial crimes and public policy, Sakti began his career in government as Associate Director at the President’s Delivery Unit (UKP4). He later served the Vice President, contributing to high-profile cases such as the Bank Century resolution, Mutual Legal Assistance frameworks, and capacity building programs for international arbitration.

Sakti holds an LL.B. from Universitas Indonesia and an LL.M. from Cardiff Law School as a Chevening Scholar. In the private sector, he spearheaded policy, regulatory, and stakeholder engagement strategies for Gojek (2017–2020, pre-IPO), and led public affairs at Change.org Indonesia, Hijra Bank, and ALAMI Fintech. Before founding Northbound Strategies, he was Corporate Secretary of InJourney Destinations and has advised key public institutions including PLN, Pegadaian, LPDP, and LMAN.

Mohamad Nurreza Rachman

Co-founder and Partner

Mohamad Nurreza Rachman is a public policy and government relations specialist with a proven track record of building strategic partnerships and shaping policy across Indonesia’s public and private sectors.

Before co-founding the firm, Reza served as Associate Vice President of Government Relations at Zenius (2020–2024), where he launched and led the company’s first government relations division, forging partnerships with more than 100 local governments and central ministries. From 2017 to 2020, he was Government Relations and Public Affairs Manager at Gojek, navigating complex regulatory environments and leading expansion into 10 new markets.

Reza holds a Bachelor of Economics with cum laude distinction from Universitas Indonesia. He currently supports the Tanoto Foundation on development projects to strengthen education and community outcomes, and has held leadership roles at KADIN Indonesia and the Indonesia E-Commerce Association.

Dr. Mulya E. Siregar

Dr. Mulya E. Siregar is a distinguished Indonesian banking regulator and policy leader with more than four decades of experience shaping the nation’s financial system, with a particular focus on Islamic banking. His public service career includes senior leadership at Bank Indonesia and the Financial Services Authority (OJK), where he served as Deputy Commissioner for Banking Supervision.

He has chaired the boards of Commissioner of PT Bank Syariah Indonesia Tbk and PT Bank Syariah Mandiri, and as Assistant Governor and Director of Islamic Banking at Bank Indonesia, he was instrumental in establishing the regulatory framework that positioned Indonesia as a global hub for Islamic finance. He currently serves as Independent Commissioner of PT Bank BTPN Syariah Tbk and on the Supervisory Board of the Indonesian Sharia Bank Association (Asbisindo).

Rizal Gozali

Rizal Gozali is a veteran investment banker with deep expertise in high-value M&A and capital market strategy across Southeast Asia. As Managing Director at Credit Suisse for 24 years, he led high-profile transactions across the region, providing significant value to private and government-related corporates and shareholders.

In 2023 he joined Jefferies Financial Group to help amplify its reach across Asia’s dynamic markets. As a member of Northbound Strategies’ Board of Advisors, Rizal brings global insight, financial discipline, and purpose-driven conviction to the firm’s mission.