Farell Sutantio
2022 Transformational Entrepreneur Award
Cimory Group was established by Farell’s father, Bambang Sutantio in 1990, focus on producing protein-rich food products that are affordable for the Indonesian people. Farell joined his family business shortly after his first professional career to transform the company’s business model and become more relevant and sustainable. Today, as the President Director and CEO of the company, he is responsible for overseeing Cimory Group's strategic and commercial functions.
Under Farell’s leadership, Cimory managed to reach another business vertical. Despite the challenges brought by the pandemic, the company determined to win the market by releasing more products using a rigorous digital ads campaign. In 2021, he brought Cimory to go public in the Indonesia Stock Exchange, raising IDR 3.66 trillion to fund its future expansion. Today, as the business model transformation is fully implemented, more than 80% of Cimory’s revenue comes from products and channels that did not exist in 2012.
