PT Bank Tabungan Negara Tbk (IDX: BBTN) decided to appoint Suprajarto, to become the new chief replaced Maryono - Photo by Bank Rakyat Indonesia Office

Jakarta (TheInsiderStories) – Indonesia’ State Own Enterprises (SOE) Minister Rini Soemarno held a series of extraordinary general meeting (EGM) of the State banks despite President Joko Widodo’ order his staffs not taking strategic policies prior his term expired in October. According to her deputy, Gatot Trihargo, the minister had coordinated with president on the planned. 

Yesterday, PT Bank Mandiri Tbk (IDX: BMRI) has run the EGM without any changes in the board directors member. Today, PT Bank Tabungan Negara Tbk (IDX: BBTN) decided to appoint Suprajarto, to become the new chief replaced Maryono.

Consequently, the decision led to chaotic in BBTN and PT Bank Rakyat Indonesia Tbk (IDX: BBRI) where Suprajarto worked before. A few hours after the decision, he held a sudden press conference. He claimed he had never been invited to talk about his appointment as president director.

 “I myself just found out after reading news from the media, that I was appointed as BBTN’ CEO. I’ve never been invited to talk about this and I cannot accept the decision. I decided to resign,” he told media today.

Apart from that, Suprajarto’ rejection leaves two state-owned banks without leader in the future. On the other hand, the change of directors and the CEO’ refusal also caused a confusion in the BBTN’ management.

Leader of BBTN’ Labor Union, Satya Wijayantara also questioning the results of the EGM, caused the decision made in a form of resistance by Soemarno over Widodo’ order. He rated, “The EGM of changing Directors is a strategic policy.”

He said beside BBTN workers, BBRI’ labor will also plan to reject the EGM results in Sept. 2. He urged Widodo to immediately dismiss Soemarno from her position. The two lenders workers would take large-scale demonstrations to reject the EGM’ result, he adds.

Suprajarto served as CEO of Bank Rakyat Indonesia since 2017. He also served as deputy director at other state-owned lender PT Bank Negara Indonesia Tbk (IDX: BBNI) and director of the network and services of BBRI.

After the two banks, today BBNI scheduled to held the EGM and next on Sept. 2 BBRI’ EGM. The bank have same agendas to change the board of director and commissioner member.

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