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Kurniawan Tanzil

Work +6221 50808300/2521272
Makarim & Taira S.

Work Department

 Aviation, Banking & Finance, Capital Markets, Employment, Foreign Investment and General Corporate Practice, Insolvency & Restructuring, Technology, Media & Telecommunications, Mergers & Acquisitions


Kurniawan Tanzil heads the Banking & Finance department of M&T. He has broad expertise in legal matters, and has been involved in various types of banking and finance transactions as well as corporate and commercial lending and finance arrangements. His wide range of experience in banking & finance is supported by his extensive knowledge and experience in corporate & commercial areas.

His practice highlights include the representation of domestic and international clients in financing transactions (including project finance), mergers and acquisitions, debt restructurings, aviation, TMT related transactions as well as capital market transactions (such as Initial Public Offerings (IPO). Kurniawan is also experienced in establishing foreign investment companies and advising clients on various manpower related matters. He is also an accomplished sworn translator.


Paralegal, Indonesian Legal Aid Institute Foundation, Jakarta, 2001; Intern, Directorate of Legal Affairs of Bank Indonesia, Jakarta, 2002; Associate, Makarim & Taira S., Jakarta, 2003-2008; Senior Associate, Makarim & Taira S., Jakarta, 2009-2012; Partner, Makarim & Taira S., Jakarta, 2013-present.


Indonesian and English. Sworn translator (Indonesian-English) under Decree of the Governor of DKI Jakarta, Indonesia, 2009. Sworn translator (English-Indonesian) under Decree of the Governor of DKI Jakarta, Indonesia, 2011.


Indonesian Advocates Association (PERADI); the International Bar Association (IBA); the Inter-Pacific Bar Association (IPBA); and the Capital Market Legal Consultants Association of Indonesia


S.H., University of Indonesia, Depok, Indonesia, 2003



Within: Aviation

Makarim & Taira S.' is known for acting in aircraft leasing mandates and airport infrastructure developments, with a client roster that includes Emirates Airlines, Deutsche Lufthansa and Boeing. Kurniawan Tanzil and Lina Amran are noteworthy names.

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Banking and finance

Within: Banking and finance

Makarim & Taira S. represents clients such as China Development Bank, Visa Worldwide and BNP Paribas on banking and finance transactions. Kurniawan Tanzil heads the team and represents lenders and major corporate borrowers on banking and finance transactions. Lina Amran is also a key figure and has expertise in banking, trade financing, credit insurance, and commodities trading, and is increasingly active in electronic banking transactions. Also recommended is Maria Sagrado, who regularly works on foreign investment and financial transactions.

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Capital markets

Within: Capital markets

Makarim & Taira S. is led by Maria Sagrado who is experienced in advising multinational clients on capital market transactions in Indonesia. She is supported by Lina Amran and Kurniawan Tanzil, an expert in handling IPOs.

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Corporate and M&A

Within: Corporate and M&A

Makarim & Taira S.'s team adopts 'a client-first approach' that is 'very practical and solution-oriented'. Corporate specialist Richard Cornwallis has broad expertise and is particularly active in the hospitality sector; he acted as local counsel on Ferro Corporation's global purchase of Endeka. Rahayu Ningsih Hoed has a similarly diverse skillset but is notably strong in real estate transactions. Teddy Suprijadi specialises in M&A and restructurings and Lia Alizia advises on general corporate issues for multinational clients. Alizia advised Aventis Pharma on a contract termination with an Indonesian party. Maria Sagrado focuses on foreign investment and financial transactions. Banking and finance specialist Kurniawan Tanzil also acts on corporate transactions.

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Projects and energy

Within: Projects and energy

Makarim & Taira S. runs the gamut of projects and energy work, with clients including Sumitomo, Marubeni and Pertamina. Managing partner Rahayu Ningsih Hoed  'shows very good leadership'; she advised Cirebon Energi Prasarana on the development and expansion of its power plant in Jawa-1. Vincent Ariesta Lie  is 'very committed' and 'willing to be flexible in providing advice and other related matters'; he assisted China Shenhua Energy with the development of the Sumsel-1 Mine Mouth coal-fired steam power plant. Other notable names include foreign investment specialist Maria Sagrado; banking and finance expert Kurniawan Tanzil; foreign legal consultant Guy Des Rosiers; and Yohanes Masengi, who is experienced in project financing and land acquisitions.

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Restructuring and insolvency

Within: Restructuring and insolvency

Makarim & Taira S. advises multinational financial institutions on their insurance liabilities and has represented several foreign banks regarding the bankruptcy and restructuring of Indonesian companies. Alexandra Gerungan leads the practice which assists clients with strategic investments in distressed assets, debt restructurings, and complex recapitalisation schemes. Gerungan is supported by restructuring expert Lia Alizia and banking and finance specialist Kurniawan Tanzil.

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Legal Developments by:
Makarim & Taira S.


    In Indonesia, despite it being generally accepted that a foreign employee is by nature a fixed term employee, recent rulings of the Industrial Relations Court or the Supreme Court have given rise to some arguments among scholars, legal practitioners and jurists since the rulings have recognized foreign employees as ‚Äėpermanent‚Äô employees and therefore entitled to severance pay upon termination of their employment in Indonesia.
    - Makarim & Taira S.

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