Government to Reshuffle BNI Directors on February 6

PT Bank Negara Indonesia Tbk (BNI) will arrange extraordinary general meeting of shareholders to assign new directors of the bank.

Initially the Ministry of State Owned Enterprise (MSOE) has planned to arrange the EGMS late last year. The SOE Minister Sofyan Abdul Djalil has asked the directors to arrange EGMS.
BNI Vice President Director Gatot Mudiantoro Suwondo said in a filing to the Capital Market and Financial Institution Supervisory Board (Bapepam LK) said the company will arrange such EGMS.

The agenda is on reshuffle of directors and remuneration on independent commissioner.
Shareholders with more than 10% shares may propose other agenda before January 14.
Gatot, a relative to President Susilo Bambang Yudhoyono, is among the strongest candidate of president director.

Gatot has the opportunity to become the president director of BNI, but he still has to pass fit and proper test at Bank Indonesia. Sigit Pramono, the president director, and three other directors will be replaced.

Minister Sofyan Djalil has said on November 15 that he will replace the directors of BNI later last year in a bid to improve the performance of the bank.