Jakarta, 26 March 2021 – PT Bank Maybank Indonesia Tbk ("Maybank Indonesia or the Bank") held its Annual General Meeting of Shareholders ("General Meeting") at the Maybank Indonesia Head Office today in Senayan, Jakarta.
The General Meeting approved the audited Consolidated Financial Statements for the financial year ended 31 December 2020, in which Maybank Indonesia recorded Rp1.3 trillion in profit after tax and minority interest (PATAMI).
The General Meeting also approved the use of the Bank's Net Profit for the financial year ending 31 December 2020, where Rp19.52 billion or equivalent to 1.54% of the Bank's net profit to be allocated for General Reserve in compliance with Article 70 paragraph 1 of the Limited Liability Company Law and Article 25 of Company's Articles of Association. Then, 20% will be paid out as Cash Dividend with a total maximum of Rp253.27 billion or equivalent to Rp3.32 per share. While the remaining Rp993.56 billion or 78.46% will be allocated as Retained Earnings.
In addition, the General Meeting also approved the appointment of David Formula as Director of the Company and Putut Eko Bayuseno as Independent Commissioner. Both members will resume into office effectively after obtaining approval from the Financial Services Authority (OJK) and until the closing of the next General Meeting in 2024.
"Despite the pandemic, fee income still grew in 2020, contributed by revenue from Global Markets, Wealth Management and Bancassurance. At the same time, restrictions on social activities and social distancing measures have changed consumer behaviour to rely more on online transactions, which subsequently accelerates the growth in our digital banking," said Taswin Zakaria, President Director of Maybank Indonesia.
"In response to the challenges in the banking sector ahead, especially with regards to the digital bank, we have appointed a new director, who will be focusing on developing and implementing digital technology. We hope this will answer customer needs and expectations as the digital transformation unfolds,” he said.
Taswin also added that the General Meeting has approved dividend payout from the Bank’s net profit in 2020 as a form of appreciation to the shareholders.
Maybank Indonesia’s General Meeting was conducted in compliance with the Government's Covid-19 protocol and optimized the use of digital technology while observing prevailing regulations and the interests of shareholders of the Bank.
The Bank has advised shareholders to subscribe to electronic authorization (e-proxy) through eASY application, or through Indonesia’s Central Securities Depository (KSEI) to the Securities Administration Bureau, or through authorized and appointed representatives by the shareholders, should shareholders would not be physically present at General Meeting. However, for the shareholders who physically joined in the meeting were required to follow strict health protocols as regulated by KSEI’s guideline available on the Bank’s and KSEI website.
Based on the outcome of the 2021 General Meeting, the following is the structure of Maybank Indonesia’s Board of Commissioners and Directors:
Board of Commissioners
| 1 | President Commissioner | : | Datuk Abdul Farid Bin Alias |
| 2 | Commissioner | : | Edwin Gerungan |
| 3 | Commissioner | : | Datuk Lim Hong Tat |
| 4 | Independent Commissioner | : | Budhi Dyah Sitawati |
| 5 | Independent Commissioner | : | Achjar Iljas |
| 6 | Independent Commissioner | : | Hendar |
| 7 | Independent Commissioner | : | Putut Eko Bayuseno *) |
Board of Directors
| 1 | President Director | : | Taswin Zakaria |
| 2 | Director | : | Thilagavathy Nadason |
| 3 | Director | : | Irvandi Ferizal |
| 4 | Director | : | Effendi Hengki |
| 5 | Director | : | Muhamadian Rostian |
| 6 | Director | : | Widya Permana |
| 7 | Director | : | Steffano Ridwan |
| 8 | Director | : | Ricky Antariksa |
| 9 | Director | : | David Formula *) |
*) will be effective upon approval from the Financial Services Authority
Biography / profile of new members of the bank’s Commissioner & Director Click here
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Notes to Editors
Maybank Indonesia is one of the leading banks in Indonesia and is a part of the regional and international network of the Maybank Group. Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services and Global Banking, as well as automotive financing through subsidiaries, WOM Finance for two-wheeled vehicles and Maybank Finance for four-wheeled vehicles. Maybank Indonesia also continues to develop Digital Banking services and capacity through Mobile Banking, Internet Banking, Maybank M2U (mobile banking based internet banking) and various other channels.
As of December 2020, Maybank Indonesia has 361 branches including Syariah branches spread across Indonesia as well as one overseas branch (Mumbai, India), 22 Mobile Cash Cars and 1,428 ATMs including 79 CDMs (Cash Deposit Machine) connected with over 20,000 ATMs incorporated in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS, and connected to 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. Maybank Indonesia manages customer deposits amounting to Rp115.0 trillion and has total assets valued at Rp173.2 trillion as of December 2020.
For more information:
Tommy Hersyaputera
Head, Corporate & Brand Communications
Email: CCommunications@maybank.co.id
Telp: +6221 2922-8888
