Ahmad Zakaria spearheads the capital markets practice at UMBRA – Strategic Legal Solutions, which impresses clients with ‘its attention to detail, strategic thinking, and ability to translate legal complexity into clear, actionable advice’. The team acts across for both domestic and international clients in the construction, mineral trading, telecommunications and financial services sectors. Zakaria, acts for several international banks and is highly proficient in sukuk transactions, bond issuances, and high value IPOs. Christopher Ruminsar is a name to note for complex regulatory mandates.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘We were consistently impressed by the team’s expertise, responsiveness, and practical approach.'

  • 'Their collaborative style, strong market knowledge, and modern, forward-thinking mindset truly set them apart.'
  • 'What stood out most about the UMBRA team was their deep expertise combined with a highly collaborative and client-focused approach. The individuals we worked with were not only technically strong but also approachable, responsive, and solutions-oriented.'

  • 'Compared to other firms, UMBRA’s team was more agile and commercially minded, which helped us move forward efficiently without compromising on quality.'
  • ‘Unlike many firms, Ahmad Zakaria's team does not simply react to legal problems, they take a proactive approach that promotes confidence in our decision-making and ensures that every aspect of our transactions is thoroughly considered.'

  • 'Their attention to detail, strategic thinking, and ability to translate legal complexity into clear, actionable advice make them an essential partner in our most critical transactions.’

  • ‘Ahmad Zakaria's longstanding relationships with regulators have been helpful in providing advice that is practical and considers different perspectives. We also value his ability to give clear and relevant recommendations.'

  • 'UMBRA’s capital markets team combines strong technical knowledge with a practical, business-minded approach. They’re responsive, easy to work with, and know how to get deals done efficiently. The partners stay involved and give clear advice without overcomplicating matters.'

  • 'Compared to other firms, they move quickly, communicate well, and understand both the legal and commercial sides of transactions. They also bring in diverse perspectives, which adds value to the way they handle matters. Overall, they’re a reliable team that delivers high-quality work and makes complex transactions feel manageable.'

  • 'The team at UMBRA is consistently professional, clear, and easy to work with. They understand the issues quickly and give practical advice that helps us move forward without unnecessary complications. Senior Partner Ahmad Zakaria brings strong market insight and stays closely involved, which gives us confidence that key matters are handled properly. Senior Associate Christofer Ruminsar is thorough, attentive, and often flags potential issues early. They possess positive qualities that make them stand out from other firms we’ve worked with.'

Key clients

  • Citigroup
  • Credit Agricole Corporate and Investment Bank
  • Deutsche Bank AG
  • Goldman Sachs
  • Societe Generale
  • PT Daaz Bara Lestari Tbk
  • PT Centratama Telekomunikasi Indonesia Tbk
  • PT Jasa Marga
  • PT Telekomunikasi Indonesia
  • PT Danareksa
  • PT Bank Tabungan Negara
  • PT Semen Indonesia
  • PT Perusahaan Gas Negara Tbk
  • PT Wijaya Karya
  • PT Semen Baturaja Tbk
  • PT GTS Internasional Tbk

Work highlights

Advised on the Republic of Indonesia’s largest ever dual-currency SEC-registered sovereign bond issuance.
UMBRA represented PT Daaz Bara Lestari Tbk in its Initial Public Offering on the Indonesia Stock Exchange.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Ahmad Zakaria

Practice head

Ahmad Zakaria

Other key lawyers

Christopher Ruminsar