Indra Utoyo, Former Director Of BRI Appointed Director Of Allo Bank, Owned By Conglomerate Chairul Tanjung

JAKARTA - Former Director of Digital and Information Technology of PT Bank Rakyat Indonesia Tbk Indra Utoyo will become President Director of the bank owned by conglomerate Chairul Tanjung, PT Allo Bank Indonesia Tbk (BBHI).

Quoted from the official Allo Bank website, Indra was appointed as President Director of Allo Bank based on the decision of the 2022 General Meeting of Shareholders (GMS). Apart from Indra, the company also appointed another professional, namely Sajal Bhatnagar as Director.

Meanwhile, the new name that will fill the new position at Allo Bank is Aviliani. Independent Commissioner of PT Bank Mega Tbk. (MEGA) from 2018 to 2022 will serve as President Commissioner and Independent of Allo Bank.

In the disclosure of information on the Indonesia Stock Exchange, Allo Bank has scheduled a change in the composition of the company's management at the Annual General Meeting of Shareholders (AGM), which will be held today, Thursday 19 May.

Allo Bank management explained that in order to support the digital bank business model, the company's controlling shareholder, PT Mega Corpora submitted a proposal to change the composition of the management.

This is intended in addition to strengthening the company's management structure in the face of increasingly competitive competition in the digitalization era, as well as to take advantage of the wide open market opportunities in this segment.

BBHI management added that this step is expected to make Allo bank have strong competitiveness, as well as improve the company's performance for the better.

Indra Utoyo's Profile

Indra Utoyo received his Doctoral education in Economics and Business in Strategic Management at the University of Indonesia (2019) and has taken the Risk Management Certification level V. He started his career as an Avionic Engineer at PT IPTN (1985-1986) and Sub-Directorate of Data Processing, Directorate of IT Operations System Analyst at Perum Telekomunikasi (1986-1990).

Indra has also worked at PT Telekomunikasi Indonesia from 1990 to 2017 with his last position as Director of the Digital & Strategic Portfolio of the Telkom Group. Indra's last position before joining Allo Bank Indonesia was as Director of Digital and Information Technology at Bank BRI.

Indra is noted to have no affiliation with the board of commissioners, directors and shareholders of Allo Bank. Indra's appointment as President Director of Allo Bank will be effective after obtaining the approval of the Financial Services Authority (OJK) and stipulated in the GMS.