13 April 2023

Bank BTPN’s 2023 AGMS Announces New Director, Commissioner

Jakarta, April 13, 2023 – The Annual General Meeting of Shareholders (AGMS) of PT Bank BTPN Tbk (Bank BTPN) announced new members of the Board of Directors and Board of Commissioners today in Jakarta.


The AGMS also decided to use the company's net profit booked during the 2022 financial year for dividend for the first time since 2017.


Bank BTPN President Director Henoch Munandar expressed the highest appreciation to all members of the Board of Directors and Board of Commissioners from the previous period for their dedication throughout their service.


“Bank BTPN has recorded another important milestone in its journey by announcing changes to the Board of Directors and Board of Commissioners. I also welcome the new Board of Directors and Board of Commissioners and hope to maintain the good performance onwards,” said Henoch.


Shareholders approved the appointment of Atsushi Hino as Director replacing Kan Funakoshi, with the term effective from the time his work and residence permits are issued until the next AGMS in 2025. Atsushi has passed the fit and proper test in accordance with decision made by the Financial Services Authority (OJK).


AGMS also announces the change in the composition of the Board of Commissioners by accepting the resignation of Irwan Mahjudin from his position as Independent Commissioner of the Company and appointing Onny Widjanarko whose term will be effective after obtaining OJK’s approval until the next AGMS in 2025.


Thus, the new composition of Bank BTPN’s Board of Directors is as follows:

  1. President Director: Henoch Munandar

  2. Deputy President Director: Kaoru Furuya

  3. Deputy President Director: Darmadi Sutanto

  4. Director: Dini Herdini

  5. Director: Atsushi Hino*

  6. Director: Hiromichi Kubo

  7. Director: Merisa Darwis

  8. Director: Hanna Tantani

the term will be effective from the time his work and residence permits are issued


Meanwhile, the composition of Bank BTPN’s Board of Commissioners is as follows:

  1. President Commissioner: Chow Ying Hoong

  2. Commissioner: Takeshi Kimoto

  3. Independent Commissioner: Ninik Herlani Masli Ridhwan

  4. Independent Commissioner: Onny Widjanarko**

  5. Independent Commissioner: Edmund Tondobala

  6. Commissioner: Ongki Wanadjati Dana

**the term of office will be effective after obtaining OJK approval


Furthermore, Bank BTPN's AGMS also decided to pay out dividends from net profit the bank booked in 2022. It will be the first dividend payout since 2017, in line with the bank’s commitment to always providing sustainable added value as well as appreciation to shareholders who have supported and maintained good relations with Bank BTPN.


Of the total net profit of Rp3.10 trillion in 2022, Bank BTPN will set aside 20 percent, or Rp619.14 billion, in dividend to shareholders. Bank BTPN's AGMS decided that the remaining net profit after deducting the allowance for dividends as retained earnings.


The positive growth in net profit is the results of the company’s performance and strong fundamentals, especially for its commitment to support the resilience of the national economy towards endemic.


Bank BTPN reported net profit growth of 16% in 2022 on the back of an increase in operating income and a decrease in credit costs. Bank BTPN managed to maintain a healthy level of liquidity and funding ratios.


Henoch said the dividend payout for the 2022 financial year is the achievement of all Bank BTPN’s employees over the post-merger solid performance and net profit that continuously grew in the last few years.


“I hope this could be a momentum to spark our optimism in continuing to record good performance to have positive impacts sustainably to our customers, shareholders, and people of Indonesia,” he said.

For further information please contact:


PT Bank BTPN Tbk
Andrie Darusman – Communications & Daya Head
Email: [email protected] or [email protected]


Bank BTPN in brief

PT Bank BTPN Tbk (Bank BTPN) is a foreign exchange bank and is a merger between PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) and PT Bank Sumitomo Mitsui Indonesia (SMBCI) in February 2019. Bank BTPN serves various segments in the banking industry, from retail to corporate customers, including retirees, micro-, small- and medium-sized enterprises (MSME) and productive underprivileged communities; the consuming class segment; and the corporate segment. Bank BTPN provides the services through business units, such as BTPN Sinaya—a business unit for wealth management, BTPN Purna Bakti—a business serving retirees, BTPN Micro Business—a business unit serving microbusinesses, BTPN Business Banking—a business serving small- and medium-sized enterprises, Jenius—a digital banking platform serving the consuming class segment, and the corporate business unit, which serves national, multinational, and Japanese companies. Bank BTPN also has a subsidiary, namely PT Bank BTPN Syariah Tbk, which focuses on serving productive underprivileged customers. Bank BTPN also regularly provides training sessions and information for customers through the Daya Program—a sustainable and measurable empowerment program—to improve customers’ capacity so they can grow and have a chance to live better.