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GOTO Appoints Former Finance Minister and Central Bank Governor as Commissioner

Agus Martowardojo has more than 30 years of experience in banking and finance in Indonesia.
The logo of GOTO.
The logo of GOTO.

PT GoTo Gojek Tokopedia (GOTO) made changes to the composition of the board of commissioners and directors. GOTO appointed Agus DW Martowardojo to serve as the company's commissioner.

Agus has more than 30 years of experience in banking and finance in Indonesia. Previously, he served as President Director of PT Bank Mandiri (Persero) Tbk in 2005-2010, and Minister of Finance of the Republic of Indonesia in 2010-2013.

In 2012, Agus was awarded the Best Minister of Finance in Asia Pacific from The Banker. He then served as Governor of Bank Indonesia in 2013-2018.

With his experience, GOTO President Director Andre Soelistyo believes Agus can bring the GOTO business to profitability.

"Mr Agus's extensive insight and experience as a reliable and respected leader in the private sector as well as a proven track record during his leadership at the Ministry of Finance and Bank Indonesia, will be invaluable in guiding GOTO to move on to the next phase," said Andre, Wednesday ( 8/2/2023).

Besides Agus, GOTO also filled the commissioner chair with several other names, namely Patrick Sugito Walujo and Winato Kartono. There is also Marjorie Lao who was appointed as the Company's Independent Commissioner.

Meanwhile Kevin Aluwi will resign from his position as Commissioner of the Company. He remains a shareholder with multiple voting rights (SDHSM) of the Company.

Anthony Wijaya will resign from the position of GoTo Board of Directors. He will focus on GOTO's e-commerce strategy as Tokopedia's Chief Operating Officer.

The company also nominated two candidates for the Board of Directors namely Pablo Malay as Director or Chief Corporate Officer and Nila Marita as Director or Head of External Affairs. GOTO added the position of President to its organizational structure to lead each of the On-Demand Services, E-Commerce and Financial Technology business units.

The Company announced these changes as part of the Invitation to the Extraordinary General Meeting of Shareholders (EGMS) which will be held on March 2, 2023, with an agenda that includes among others submissions for changes to the ranks of the Board of Commissioners, Directors, and the appointment of a new Independent Commissioner.

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