Who Is The Conglomerate Jerry Ng, A Seasoned Banker Who Has Assets Of Rp. 45 Trillion And Was Once The Subordinates Of The Tycoon Djarum Hartono Brothers

Jerry Ng (Photo: Webinar screenshot)

JAKARTA - For banking professionals, the name Jerry Ng must be familiar. The figure who was born in Pontianak on July 2, 1965 is indeed known as a reliable banker. His experience of more than 30 years in the financial services industry has made him a fairly influential figure in this sector.

The name Jerry Ng began to be widely heard when he was in charge of PT Bank BTPN Tbk. in 2008-2019 as president director. At the pension fund segmentation bank, Jerry made a number of major changes.

He was able to make the issuer coded BTPN's shares into the elite ranks with estimated assets exceeding Rp101 trillion from the previous Rp8.8 trillion.

Meanwhile, some of the innovations carried out include diversifying the company's business from serving only retirees to providing credit for MSMEs and the productive poor segment. As a result, BTPN's profit has been recorded to have exceeded IDR 2 trillion in one fiscal year.

Jerry then decided to move from the bank that made his name. He then tried his luck by annexing PT Metamorphosis Ekosistem Indonesia and acquiring 51 percent of PT Bank Artos Indonesia Tbk shares with Wealth Track Technology Limited.

With the big name Jerry Ng, the decacorn startup Gojek is said to be interested in collaborating through the Bank Artos development scheme to become a Go Bank. However, the news is gray because each party has not submitted an official commitment.

In 2020 a glimmer of clues appears. Go-Jek, who was initially shy about admitting his interest, finally gave up. The company, which was managed by Nadiem Makarim, stated that it agreed to acquire 22.16 percent of Bank Artos' shares through its GoPay product.

As a result, Bank Artos is now transforming into a digital bank with the trademark Bank Jago. Then, in April 2021, the company launched a digital application to make it easier for its customers to manage finances. Until now, Bank Jago has been steadily treading the digital financial business with a future target of grabbing millennial customers.

Just so you know, Jerry Ng's success in the banking world cannot be separated from his experience in various financial institutions. Not only BTPN, he also had a chance to experience a high-ranking position at BCA as deputy president director in the 2001-2002 period.

BCA itself is the largest private bank in the country, most of whose shares are owned by the richest people in Indonesia, namely the Hartono Brothers.