IFG Appoints Leonardo Henry Gavaza As Finance Director Of PT Askrindo

JAKARTA - The Ministry of State-Owned Enterprises (BUMN) and Indonesia Financial Group (IFG) as shareholders of PT Asuransi Kredit Indonesia (Askrindo) appointed Leonardo Henry Gavaza as Finance Director of PT Askrindo replacing Liston Simanjuntak.

The appointment of Leonardo Henry Gavaza was stipulated in the Decree of the Minister of State-Owned Enterprises and the President Director of the Company (Persero) PT Bahana Pembinaan Usaha Indonesia Number SK-281/MBU/11/2024 and Number 19/Kep Sir-PS/BPUI/XI/2024 concerning Dismissal and Appointment of Members of the Board of Directors of PT Asuransi Kredit Indonesia.

IFG Corporate Secretary, Oktarina Dwidya Sistha said the appointment of Leonardo Henry Gavaza was a form of IFG's commitment to improving governance and ensuring the effectiveness of sustainable operations and finance and business strategies in subsidiaries.

"We would like to thank you for the contribution and contribution made by Mr. Liston Simanjuntak during his time as Director of Finance so far. As the largest credit insurance company in Indonesia, Sistha said Askrindo is always committed to continuing to improve financial performance in a healthy and sustainable manner," he said in an official statement, Friday, November 22.

Sistha said PT Askrindo had designed the Strategic Transformation Blueprint which began with strengthening business models to increase profitability, efficiency and competitiveness. This step is carried out through the expansion of the business ecosystem network and increasing digital product innovation.

Furthermore, Sistha said, at the end of 2024, Askrindo had made improvements to support the implementation of PSAK117 by improving the financial system.

"Currently Askrindo has a strong capacity on a consolidated basis with total assets of IDR 35 trillion in 2023. Askrindo is ready to become the best and strongest insurance company in the industry," he said.

Thus, the composition of Askrindo's Board of Directors is as follows:

a. President Director: Umran Fankar

b. Business Director: Budhi Novianto

c. Finance Director: Leonardo Henry Gavaza

d. Technical Director: Vincentius Wilianto

e. Director of Compliance, HR & Risk Management: Kun Wahyu Wardana