BCA Appoints Gregory Hendra Lembong as New President Director
Jakarta. Bank Central Asia (IDX: BBCA), Indonesia’s largest private lender, announced a leadership reshuffle following its annual general meeting. Jahja Setiaatmadja stepped down as president director to assume the role of president commissioner, succeeding Djohan Emir Setijoso, who resigned after 25 years in key positions at BCA.
Gregory Hendra Lembong, previously the bank’s deputy president director, has been appointed president director, signaling a continuation of BCA’s strategic direction. Shareholders also approved the promotion of John Kosasih to deputy president director, replacing Lembong. Additionally, Hendra Tanumihardja, formerly head of banking transaction partnership solutions, has been appointed director.
Jahja, 69, led BCA as president director since 2011 and played a crucial role in the bank’s digital transformation and expansion. He previously served as deputy president director (2005-2011) and held managerial roles since joining BCA in 1990. Before his banking career, he held financial leadership positions at Indomobil and Kalbe Farma.
Gregory, 53, brings over 30 years of banking experience, both domestically and internationally. Since 2022, he has served as deputy president director, overseeing strategic information technology and operations. His prior roles at BCA included director of enterprise security and fintech development. Before joining BCA, Lembong held leadership positions at CIMB Niaga, CIMB Group Malaysia, J.P. Morgan Asia Pacific, Deutsche Bank London, and Citibank.
Dividend Announcement
For the 2024 fiscal year, BCA reported a net profit of Rp 54.8 trillion ($3.33 billion). The AGM approved the allocation of this profit, including a cash dividend of Rp 300.00 per share—an 11.1 percent increase from the 2023 fiscal year’s dividend.
This includes an interim cash dividend of Rp 50.00 per share, which was paid to shareholders on December 11, 2024. The remaining Rp 250.00 per share will be distributed on a date to be determined by the company’s Board of Directors.
Tags: Keywords:
as a preferred
Related Articles
BCA Posts Rp 29.5 Trillion First-Half Profit Despite Margin Pressure
BCA's first-half profit rose 1.8% as strong fee income offset weaker net interest income amid elevated interest rates.
BCA Stock Sinks to Lowest Level in Five Years
BCA shares tumble to a five-year low as foreign investors dump Indonesian stocks, despite the bank's solid earnings growth.
‘No Dollar, No Problem’: Indonesia’s Biggest Banks Connect to Alipay and WeChat Pay
Indonesia launches cross-border QRIS with China, allowing seamless rupiah payments through Alipay and WeChat Pay networks.The Latest
UN Boss Wants to Fix Security Council as Indonesia Seeks Seat
Outgoing UN chief Guterres says the current permanent member setup at the Security Council fails to reflect today's realities.
Saudi Flagship Investment Conference Pushed to 2027 after Houthi Attacks
The annual Future Investment Initiative (FII), often dubbed "Davos in the Desert", was originally scheduled to take place from October 26-29
Government Sets Aside Rp 1.3 Quadrillion for Final-Quarter Spending
Government spending has reached Rp 2.66 quadrillion, equivalent to 69.2% of the full-year budget target of Rp 3.84 quadrillion.
Indonesia Probes 98 Corporate Wildfire Cases, Including Possible Foreign Links
Police investigate 98 corporate-related wildfire cases, including possible links to investors from neighboring countries.
Students Plan Jakarta Protests to Mark Two Years of Prabowo's Presidency
Police have advised the public to avoid areas around the House of Representatives complex, the National Monument and the State Palace.Most Popular
