09 April 2010


Consistently Expands Pension and Micro & Small Business Markets
Jakarta, 8 April 2010. Today, PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) has held its Annual General Meeting of Shareholders (AGMS). The AGMS has resolved a number of important decisions that include the approval of the Financial Statements for the Year Ended 31st December 2009, the decision of no dividend distribution as the manifestation of the shareholders' commitment to sustain business growth, and the appointment of the members of the Board of Commissioners and the Board of Directors since the term-of-office of the current board members is expiring. 

During the year 2009, the Bank has made significant progress as the result of its focused and unique strategy that combines social and business mission as expressed in the motto "Do Good Do Well". This motto constitutes the opportunity to make a difference in the lives of millions of Indonesian people and the opportunity to be one of the best banks that focuses on serving the bottom segment of the market pyramid. 

Such significant progress is reflected in the Financial Statements for the Year Ended 31st December 2009. Amidst the global financial crisis, the Bank maintained its commitment to invest in the development of micro business by opening 493 offices of btpn|mitra usaha rakyat, while still recording performance growth in various elements. Lending increased by 51%, third-party funds grew by 63%, assets grew by 63%, and net income reached Rp 420 billion. The AGMS has decided that the entire net income of 2009 would be booked as retained earnings. "AGMS' decision not to distribute dividends and to keep the net profit of 2009 as retained earnings reflects the shareholders'  strong commitment and consistency in supporting and strengthening the Bank' s business growth going forward," said Jerry Ng, President Director of BTPN.

The AGMS also made the decision on the appointments of the members of the Board of Commissioners and the Board of Directors, since the term-of-office of the current boards is expiring. As such, BTPN's new Board of Commissioners and Board of Directors comprise:
President Commissioner (Independent)    : Prof. DR. Dorodjatun Kuntjoro-Jakti
Commissioner (Independent) : Harry Hartono
Commissioner (Independent) : Irwan Mahjuddin Habsjah
Commissioner                            : Ranvir Dewan 
Commissioner                            : Ashish Jaiprakash Shastry
Commissioner                            : Sunata Tjiterosampurno

President Director                    : Jerry Ng    
Vice President Director           : Ongki Wanadjati Dana
Vice President Director           : Djemi Suhenda
Compliance Director               : Anika Faisal
Director                                      : Mahdi Syahbuddin
Director                                      : Kharim Indra Gupta Siregar
Director                                      : Arief Harris Tandjung*
Director                                      : Hadi Wibowo*

*Will be effective after the approval from Bank Indonesia

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.