Arsjad Rasjid (born 16 March 1970) is an Indonesian businessman. He is the founder of Sriwijaya Capital, a private equity firm focused on financing and managing the portfolios of growth-stage companies in Indonesia and Southeast Asia. He previously served as President Director of Indika Energy, a position he first held in 2005, and currently serves as a Commissioner of PT Indika Energy Tbk In addition to the energy sector, he has held various positions in companies operating in the media, financial, and technology sectors. In business organizations, he served as Chairman of the Indonesian Chamber of Commerce and Industry (Kadin Indonesia) from 2021 to 2025, and later became Chairman of the Advisory Board of Kadin Indonesia for the 2024âÂÂ2029 term.
Arsjad Rasjid was born on 16 March 1970 in Jakarta. His father H.M.N. Rasjid had served in the Indonesian Army and originated from Palembang, while his mother Suniawati was of mixed Sundanese-Chinese descent. He began studying abroad at the age of 9, when he began to study in Singapore. He later studied computer science at the University of Southern California, but later transferred received a bachelors in business administration from Pepperdine University in 1993. During his studies in California, he met .
After returning from their studies in the US, Rasjid and Lasmono co-founded a multimedia company, PT Prabu Wahana, in 1995. The company later was renamed to Indika, shorthand for Industri Multimedia dan Informatika (Multimedia and Information Industry). During the Asian financial crisis, Rasjid helped restructure of the company owned by Lasmono's father . Rasjid and Lasmono began showing an interest in the energy sector in 2002, initially intending to invest in power generation before discovering a strong demand from China for coal. The pair received funding from South Korean banks, and began operations in 2005. Within Indika, Rasjid had become vice president director and president commissioner, but had primarily been president director, holding the position between 2007âÂÂ2014 and since 2016. Outside Indika Energy and affiliated companies, Rasjid is also commissioner in several companies, including Grab Indonesia.
On 4 September 2023, Rasjid was appointed as chairman of Ganjar Pranowo's 2024 presidential campaign. Although Rasjid had previously indicated his intention to join the campaign team, he claimed that his appointment as chairman was done without prior communication and that he had found out about it from friends during an event who showed him online news articles about his appointment.