Pramono Optimistic Bank Jakarta IPO Next Year, Emphasizes Work Culture and Professionalism

JAKARTA - DKI Jakarta Governor Pramono Anung expressed optimism that Bank Jakarta could list on the stock exchange through an initial public offering (IPO) next year. This belief is based on the company's fundamental readiness, strengthening of work culture, and management professionalism.

According to him, the development of corporate culture is the main foundation for Bank Jakarta in preparing itself as an open company.

"To become an IPO bank, the corporate culture must be properly formed and become an inherent part of the company," said Pramono in his statement, Sunday, January 25.

He assessed that the work culture built from an early age and embedded in all Bank Jakarta people will determine the direction and quality of the company's performance. A strong corporate culture is also considered crucial to increasing competitiveness, especially in the face of transparency requirements as a public company.

In addition to work culture, Pramono emphasized the importance of building effective teamwork by prioritizing the work pattern of work smart. According to him, the banking world requires accuracy, efficiency, and precision in decision-making.

"I suggest that because this is the banking world, you don't have to work hard, but you have to work smart," he said.

Pramono added that smart teamwork, discipline, and supported by a strong organizational culture will encourage changes in the way Bank Jakarta works. This, he continued, will make the decision-making process more transparent.

"If transparency is formed, the space for disputes, intrigues, and personal interests will disappear by itself," he said.

Pramono also asked the management of Bank Jakarta to prioritize professionalism through increased efficiency and bureaucratic cuts. He assessed that excessive bureaucracy should not grow in business entities because it has the potential to reduce competitiveness and public confidence.

"If people come to Bank Jakarta and see the bureaucracy is long, the company will not be considered promising," he said.

Furthermore, Pramono emphasized the importance of building trust or trust in the business world. He hopes that Bank Jakarta will be able to expand its customer base and not only rely on the DKI Jakarta Provincial Government.

"If trust has been built, the main customers are no longer only the DKI Provincial Government, but the public," he said.

With the strengthening of work culture, transparency, debirokratisasi, and problem solving skills, Pramono is optimistic that Bank Jakarta can list on the exchange next year.

"I believe that hopefully next year Bank Jakarta will be listed, become public, be trusted by the public, and its teamwork will be more solid and oriented to contribute to Jakarta," he said.

Meanwhile, Bank Jakarta President Director Agus Haryoto Widodo stated that management was ready to follow up on the directions of the Governor of DKI Jakarta, especially in strengthening the corporate culture and finalizing the IPO preparations.

Agus revealed that Bank Jakarta has prepared three strategic initiatives that will be carried out throughout 2026 to strengthen the company's fundamentals and increase investor confidence.

"As part of efforts to strengthen the fundamentals of Bank Jakarta and increase the confidence of prospective investors, we have prepared three major strategic initiatives throughout 2026," said Agus.

The first initiative is the development of information technology infrastructure through the development of two modern data centers, the improvement of the core banking system, and the strengthening of cyber security which is targeted to be completed in September 2026.

The second initiative includes the development of a new generation of mobile banking applications that are designed to be safer, faster, and more efficient according to the needs of the Jakarta community. The application is targeted to be launched in June 2026 after meeting all regulatory requirements.

Meanwhile, the third initiative focuses on strengthening the product portfolio through the preparation of the launch of the Bank Jakarta Credit Card which is expected to become a new source of income while complementing the customer transaction ecosystem.