Kuncoro Wibowo serves as the Chairman of Kawan Lama group. Under his leadership, the group has undergone significant expansion, transforming from a small hardware shop established in 1955 to a diversified conglomerate encompassing various sectors such as furniture retail, food and beverage, and property development, including notable projects like INFORMA, Living World, and Living Plaza. Wibowo's entrepreneurial prowess has earned him recognition, and he has been included in the Forbes list of the 50 richest people in Indonesia.​