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Ahead of the release of shares to the public in February, PT Bank Pembangunan Daerah Sumatera Utara (Bank Sumut) actually had to lose its president director. Due to the existing evaluation, the Board of Commissioners decided to deactivate Rahmat Fadillah Pohan as President Director of Bank Sumut to the Extraordinary General Meeting of Shareholders (EGMS) which will be held as soon as possible.

Even so, Bank Sumut ensures that the company's operations continue to run normally after the deactivation of Bank Sumut President Director Rahmat Fadillah Pohan.

"Bank Sumut management ensures that the operations of Bank Sumut can continue as usual," said North Sumatra Bank Corporate Secretary Agus Condro Wibowo in a statement quoted by Antara, Friday.

This has been conveyed to regulators in accordance with applicable regulations. For this deactivation, Rahmat Fadillah Pohan submitted a letter of resignation received on January 5, 2023.

"In order to maintain the continuity of operational implementation and bank management, the Board of Commissioners has appointed the Acting Director of Bank Sumut, namely the Marketing Director of Hadi Sucipto," said North Sumatra Bank President Commissioner Brata Kesuma.

The Board of Commissioners ensures that all operational activities of Bank Sumut are currently running normally under the supervision of directors who work collectively in accordance with applicable regulations.

Acting President Director Hadi Sucipto said that the deactivation of the President Director of Bank Sumut did not affect the performance of Bank Sumut, including the planned initial public offering or IPO of Bank Sumut.

As is known, Bank Sumut has obtained an effective statement permit from the Financial Services Authority (OJK) as of January 3, 2023 and is ready to immediately take the floor on the stock exchange earlier this year. Bank Sumut plans to carry out a public expose on January 9, 2023.

Hadi Sucipto also explained the positive condition of Bank Sumut's (before the audit) financial performance, which was marked by an increase in profit of 15.15 percent (yoy) or IDR 706 billion as of December 2022 compared to the previous year of IDR 614 billion.

Bank Sumut's assets were recorded at IDR 40.6 trillion, lending amounted to IDR 27.8 trillion, an increase of 10.58 percent (YoY) from the previous IDR 25.1 trillion in December 2021. Bank Sumut was also recorded to have succeeded in collecting Third Party Funds (DPK) of IDR 31.9 trillion or an increase of 3 percent (YoY) from December 2021 of IDR 30.9 trillion.


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