Maria Sagrado

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Makarim & Taira S.

Jakarta, Indonesia
    Local Time: Saturday 09:28

Practice Expertise

  • Banking and Finance
  • Capital Markets
  • Corporate and Commercial
  • Foreign Investment

Areas of Practice

  • Banking and Finance
  • Capital Markets
  • Corporate and Commercial
  • Foreign Investment
  • Media, IT and Telecommunications
  • Mergers and Acquisitions
  • Mining and Energy
  • View More


Maria Sagrado is a leading practitioner and a highly skilled negotiator with extensive high-level experience in structuring foreign investment and financial transactions. She represents the interests of numerous foreign clients investing in Indonesia, including companies and investors from China, USA, UK, Singapore, and European Union across various sectors, including power plants, pharmaceuticals, distribution, port-related activities, mining, and fintech.

Combining her European and Indonesian exposure, Maria’s well-rounded experience in relevant corporate and commercial practices enable her to comprehensively advise and guide foreign clients entering into local investments or transactions in Indonesia, with due consideration of the various aspects involved.

Her ability to forge rapport between disparate parties and drive solutions is also showcased by her successful track record executing prominent finance transactions involving leading foreign banks, in particular banks from China, Germany, Malaysia and other European countries, as well as offshore export credit agencies in the financing of Indonesian borrowers including State Owned Enterprises (SOE), power plant, major mining related industries and manufacturing companies.

Maria is a pioneer and among the few Indonesian lawyers who are active in fintech transactions and the Fintech Association in Indonesia. She was involved in the drafting of the first Financial Services Authority (Otoritas Jasa Keuangan) regulation on Fintech, i.e. Peer-to Peer lending in Indonesia that was issued in late 2016. She also published an article that discusses the country’s central bank’s regulatory sandbox initiative for fintech players as published in IFLR1000’s Fintech Special Focus 2018.

Bar Admissions
Member, The Indonesian Advocates Association (PERADI)
Member, The Capital Markets Legal Consultants Association of Indonesia (HKHPM) since 2013
Member, FinTech Association since 2016

LL.M, International Commercial and European Law, University of Sheffield, Sheffield, United Kingdom, 2005
Mkn., Pelita Harapan University, Jakarta, Indonesia, 2015
S.H. (cum laude predicate), Airlangga University, Surabaya, Indonesia, 2000

Areas of Practice

  • Banking and Finance
  • Capital Markets
  • Corporate and Commercial
  • Foreign Investment
  • Media, IT and Telecommunications
  • Mergers and Acquisitions
  • Mining and Energy

Professional Career

Significant Accomplishments
The Legal 500 Asia-Pacific
Recommended Lawyer in Banking & Finance, Capital Markets, Corporate and M&A, IT and Telecoms as well as Projects and Energy (2021)Seminars
Investment in Indonesia, Beijing, China, 2016
Tips and Tricks for Investment in Indonesia, Shanghai, China on 24 June 2015.
Moderator at UbiFrance, Jakarta on Doing Business in Indonesia on 23 November 2014.
Speaker at Franchise and License Expo Indonesia 2014, Jakarta on Doing Business in Indonesia on 13 September 2014.
Speaker at WLG Group, Taiwan on Doing Business in Indonesia on 8 March 2014.
Speaker at the Airlangga University, Surabaya, on Understanding the Key features of the New Mining Law, on 25 November 2011.
Speaker at the IBC's 3rd Mining Investment Summit conference, Singapore, on Understanding features of the New Mining Law affecting Investment Strategies into Indonesia, on 27 July 2011.
Speaker at the 9th Annual Coal Markets, Singapore, on the Investment in Coal in Indonesia, on 21st- 23rd February 2011.
Panelist, 'Types of M&A in the Region', Asian Capital Markets Conference 2009, Kuala Lumpur, Malaysia by Pinnacle Group on 28th September 2009.
Speaker at 15th Annual Coaltrans Asia, Bali, Indonesia, on the Indonesian new mining law, on 31st May - 3rd June 2009.

Professional Activities and Experience
Internship with Linklaters Allen & Gledhill, Singapore office, 2005
Intern, Gani Djemat & Partners, Surabaya, 2000
Administration, PT. Serg's Product Indonesia, 1997-1999


Additional ArticlesAuthor of IFLR Focus Report: Regulatory Sandbox, 2018
Author of IFLR: Investment in Indonesia,
Author of Indonesia’s National Payment Gateway: Impact on Operations of Licensed Principals, Financier Worldwide, 2018
UK Practical Law Thomson Reuters: Shareholders Agreement and Bye-Laws Questions: Indonesia, 2016
Financier Worldwide Magazine: Reporting by Indonesian companies of their Offshore Loan Facilities, 2014

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