Govt reshuffles state banks' chiefs

Govt reshuffles state banks' chiefs

JAKARTA (JP): Minister of Finance Mar'ie Muhammad yesterday
installed 24 directors, including two president directors, at
five state banks in preparation for planned state bank mergers.

Mar'ie said the big reshuffle at the four state banks was a
government effort to revive state banks' management teams.

But he said that the planned mergers of state banks was only
one reason for the reshuffle. There are seven state banks.

"The planned mergers do serve as one consideration (for the
reshuffle)," Mar'ie said after installing the 24 directors.

The 24 directors were installed at Bank Dagang Negara (BDN),
Bank Expor Impor Indonesia (Exim), Bank Bumi Daya (BBD), Bank
Rakyat Indonesia (BRI) and Bank Tabungan Negara.

Of the 24 newly-installed executives, 15 are new faces in
their positions.

They include former Bank Exim president Salahuddin Nya'Kaoy
who became president director of BDN replacing Subagyo Karsono
who retired.

Kodradi, a former director at Bank Exim, was promoted to
president of the bank.

The other new faces are A. Suhaimi Yusuf and Agus Haru
Soetanta, -- both new directors at BBD -- and Rudjito, Bambang
Sabariman and Bambang Hendrajatin -- new directors at BDN.

Bank Exim's new faces are Sutopo Djokotarbuko, Agus Marijanto
Djojomartono, M. Sholeh Tasripan and Hedi Rahadi Salmun, while
Roes Haryanto is a new director at BRI, and Siswanto, Wahyudianto
and M. Badruszaman are new at BTN.

The old faces are Mochammad Safiudin and Abdul Hadi at BBD,
Lukman Nul Hakim and Eduard Coornelis Willem Neloe at BDN, H.A.C.
Ratulangi at Bank Exim, D.E. Setiyoso, Sugianto and Prijadi
Praptosuhardjo at BRI and Pandamsih at BTN.

Publicly listed Bank Negara Indonesia (BNI) reshuffled its
directors through an extraordinary shareholders meeting on
Tuesday, with Widigdo Sukarman remaining president director.

BNI maintained I Gusti Ngurah Gde Antika as a director but
installed five new directors. They are Sunardji Parto Adinoto,
Binsar Pangaribuan, Hasan Soeftendy, Agus Daryanto and Saifuddien
Hasan.

The government has not yet touched the management of bad loan-
ridden Bank Pembangunan Indonesia. So far, no explanation has
been given for this. (rid)