Bank Panin Strengthens Leadership with New Appointments

Strategic Leadership Changes

PT Bank Panin Tbk. (PNBN) has announced significant leadership changes through its General Meeting of Shareholders, approving the appointment of Sugiono Sutanto Janis as Director and Munadi Umar as Non-Independent Commissioner. These appointments were supported by OJK decisions No.KEPR-175/D.03/2025 dated October 14, 2025, and No.KEPR-226/D.03/2025 dated November 20, 2025, demonstrating regulatory compliance and approval.

Experienced Banking Professionals

Sugiono Sutanto Janis brings extensive experience in Indonesia's banking sector. His career began as an Account Officer at PT Bank Internasional Indonesia Tbk (BII) in 1998. He has since held various leadership positions, including Branch Manager at PT Bank Chinatrust Indonesia (2003-2006) and Corporate/Commercial Banking Head at PT Bank Commonwealth (2006-2009). Before joining Bank Panin in 2014, Sugiono held significant roles at BII Maybank, including Business Development Head and Regional Business Head. At Bank Panin, he has served as Commercial Division Head until 2025, demonstrating his deep understanding of commercial banking operations.

Munadi Umar's background includes substantial experience in global banking, particularly in institutional banking, transaction services, and trade finance. Before joining Bank Panin as Non-Independent Commissioner, Munadi served as Director and Head of Transaction Banking at PT Bank ANZ Indonesia from 2017 to 2024. His previous experience includes various roles at Citibank, N.A. Indonesia (2008-2015) and Citibank Japan Limited (1998-2008), where he held positions such as Director and Head of Global Subsidiaries Group, and Vice President and Head of Trade Finance & Services.

Implications for Bank Panin

These appointments reflect Bank Panin's commitment to strengthening its leadership with experienced professionals. The new Director and Non-Independent Commissioner bring valuable insights from both domestic and international banking environments, potentially enhancing the bank's strategic direction and operational capabilities. Their diverse backgrounds in corporate banking, transaction banking, and international finance could support Bank Panin's growth initiatives and improve its competitive positioning in Indonesia's banking sector.