Events Jakarta, Indonesia - May 25, 2023

Bank Jago Holds Annual General Meeting of Shareholders

Bank Jago Holds Annual General Meeting of Shareholders Download image

Jakarta, May 25, 2023 - PT Bank Jago Tbk today held its Annual General Meeting of Shareholders (AGMS) for the 2022 fiscal year. In this AGMS, shareholders approved the company's annual report for the 2022 fiscal year as well as the reappointment of members of the board of directors and board of commissioners for the term 2023-2026.

During this AGMS, management presented Bank Jago's performance in 2022. Throughout 2022, Bank Jago disbursed sharia loans and financing amounting to Rp 9.43 trillion, representing a 76% growth compared to Rp 5.37 trillion in 2021. With healthy and sustainable growth, Bank Jago managed to record a pre-tax profit of Rp 20 billion, up from Rp 9 billion in the previous year.

The meeting also approved changes to the composition of the board of directors and board of commissioners as part of the bank’s sustainable initiatives. The AGMS approved the appointment of Arief Harris Tandjung as the President Director of the Company for the term 2023-2026, effective after obtaining approval from the Financial Services Authority (OJK). Arief replaces the position previously held by Kharim Indra Gupta Siregar.

Below is the composition of Bank Jago's Board of Directors approved at today's AGMS:

President Director: Arief Harris Tandjung

Director of Compliance: Tjit Siat Fun

Director: Peter van Nieuwenhuizen

Director: Sonny Christian Joseph

Director: Umakanth Rama Pai

Arief has had a career in the banking industry for more than 25 years and previously served as Deputy President Director of Bank Jago, appointed through an Extraordinary General Meeting of Shareholders (EGMS) on November 15, 2019, and obtained approval from the OJK based on Decree No. KEP–60/PB.1/2020 dated March 18, 2020.

 

About Bank Jago

Specifically built as a tech-based bank embedded within Indonesia’s digital ecosystem, Bank Jago aspires to enhance the growth of millions through life-centric digital financial solutions. Bank Jago develops banking products and services, both conventional and sharia, that can be utilized by everyone, including retail (consumer), mass market, or micro, small and medium enterprises (MSME). 

As a tech-based bank, Bank Jago develops Jago App which is particularly designed to be embedded within various digital ecosystems, and can be customized and personalized so it can be compatible with their ecosystems, and also with the users’ personal needs. The collaborations with various ecosystems enable users to live their life more conveniently.

 

For further information, please contact:

Marchelo

Corporate Communication

PT Bank Jago Tbk

[email protected]

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