JAKARTA - The Annual General Meeting (AGM) of PT Bank Tabungan Pensiunan Nasional (BTPN) Syariah Tbk (BTPS) has agreed to distribute a cash dividend of Rp 347 billion (Rp 45 per share), 25% of the company's 2019 net profit.
In an official statement published on Thursday (16/4), BTPN Syariah Compliance Director and Corporate Secretary Arief Ismail said the AGM has also agreed to allocate Rp 20 billion of the company's net profit as general reserves.
In 2019, BTPN Syariah posted Rp 1.4 trillion in net profit after tax, driven by financing growth of 23.7% year on year (yoy) from Rp 7.3 trillion in 2018 to Rp 9 trillion.
In addition, the AGM has also appointed Hadi Wibowo as the company's new CEO, replacing Ratih Fachmawaty. Mr Wibowo previously served as the company's Chief of Process Transformation. Two other new directors have also been appointed, namely Fachmy Ahmad who previously served as Finance and Investor Relations Head and Dwiyono Bayu Winanto who previously served as Area 2 Distribution Head. (ARM/MS)