Lippo has new commissioners

JAKARTA (JP): The extraordinary shareholders meeting of publicly listed Lippo Bank appointed on Thursday four new commissioners as part of installing a more independent board of commissioners.

Lippo shareholders appointed former the Jakarta Stock Exchange (JSX) director, Felia Salim; the Finance Ministry's expert staff, Anggito Abimanyu; former Bank Rakyat Indonesia executive, Suharsono; and expert staff to the finance minister, Markus Permadi.

Installing the new commissioners is part of the JSX's recent ruling to have more independent commissioners at publicly listed banks.

Lippo Shareholders also approve retaining the bank's earning, and no pay dividends this year.(bkm)