PT Bank Jago Tbk approved its 2025 annual report and appointed its board of directors and board of commissioners for the 2026-2029 term during the Annual General Meeting of Shareholders (RUPST) in Jakarta on May 7, 2026 (07/05).

During the meeting, Bank Jago management presented the company’s positive achievements throughout 2025, including growth in customers, third-party funds (DPK), and credit distribution.

As a technology-based bank that prioritizes innovation and collaboration with digital ecosystems, Bank Jago continued to record quality growth during 2025.

Bank Jago Reports Growth in Customers, Deposits, and Credit in 2025

By the end of 2025, Bank Jago’s number of customers reached 18.2 million, including 14.2 million funding customers using the Jago App.

The growth in customers was followed by an increase in third-party funds and credit distribution.

Throughout 2025, Bank Jago collected Rp25.9 trillion in third-party funds, increasing 38% from Rp18.8 trillion in 2024.

The bank’s total credit distribution reached Rp24.3 trillion, rising 38% from Rp17.7 trillion in the previous year.

Bank Jago Net Profit Increases 115% to Rp276 Billion

The growth in customers, funding, and lending contributed to Bank Jago’s net profit after tax in December 2025.

The company recorded net profit after tax of Rp276 billion, increasing 115% from Rp129 billion in 2024.

Bank Jago’s total assets reached Rp36.5 trillion, increasing 28% compared with Rp28.5 trillion recorded in 2024.

“We appreciate all customers, partners, and other Bank Jago stakeholders for their trust and collaboration so far. The achievements in 2025 continue to motivate us to innovate and collaborate in providing financial products and services that can improve the lives of millions of customers in Indonesia,” said Bank Jago President Director Arief Harris.

Bank Jago Appoints Nicholas Tan as Director for 2026-2029 Term

The RUPST also approved the appointment of Nicholas Tan as a director of the company for the 2026-2029 term, effective after receiving approval from the Financial Services Authority (OJK).

Nicholas graduated from Brown University in the United States and earned a doctoral degree from the University of Cambridge in the United Kingdom.

He started his career in the financial technology industry at OneConnect Financial Technology in Singapore from 2018 to 2021 after working at startup companies and business consulting firms.

Nicholas joined Bank Jago in January 2025 as Head of Retail Banking Business.

“Nicholas will play a greater role in growing Bank Jago’s retail business into its next growth phase. We believe Nicholas’ presence can strengthen Bank Jago’s leadership in the national digital banking industry,” said Arief.

Following the appointment, Bank Jago’s board of directors for the 2026-2029 term consists of Arief Harris as President Director, Tjit Siat Fun as Compliance Director, Sonny C. Joseph as Director, Umakanth Rama Pai as Director, Supranoto Prajogo as Director, and Nicholas Tan as Director.

PHOTO: BANK JAGO

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