Dok/Bank QNB Indonesia

RUPSLB Bank QNB Has Approved The Appointment Of Nick Groene As CEO And Mario Utama As Director

Monday, 09 Dec 2024

On Wednesday, December 4, 2024, the Extraordinary General Meeting of Shareholders (EGMS) of PT Bank QNB Indonesia Tbk ("Bank") approved the appointment of Nicolas Alix Groene (Nick Groene) as the President Director and Mario Albert Utama as a Director. This appointment will take effect once the Bank receives notification from the Financial Services Authority (OJK) regarding the results of the fit and proper test.

Bank QNB Indonesia, a subsidiary of QNB Group, the largest financial institution in the Middle East and Africa, fully trusts Nick Groene's ability to lead the Bank. With over 24 years of experience in the banking industry, including expertise in financial markets, asset and liability management, finance, and treasury, Nick Groene is highly qualified for this important role.

Nick began his career at Bank QNB Indonesia as the General Manager of Treasury in 2020 and was later appointed as the Treasury and Financial Institution Director by the EGMS. Recently, he also served as the Acting President Director before his official appointment to this position.

Before joining PT Bank QNB Indonesia Tbk, Nick Groene worked with QNB Group in Qatar for 10 years, where he held the position of Head of International Treasury, responsible for managing the Treasury functions across QNB branches and other affiliated companies.

Meanwhile, Mario Albert Utama brings 26 years of experience in the banking industry, focusing on Corporate Banking. Prior to joining PT Bank QNB Indonesia Tbk, Mario served as Managing Director of Global Transaction Banking at Malayan Banking Berhad in Singapore and previously held the position of Director of Corporate Banking and Head of Global Transaction Banking at PT BNP Paribas Indonesia. His professional career spans important markets, including California, USA, the United Arab Emirates, Indonesia, Malaysia, and Singapore, which will bring a wealth of knowledge and expertise.

The new Board composition is expected to significantly contribute to the Bank's ongoing efforts to strengthen its position as one of the best employers in Indonesia, drive solid growth, and ensure sustainable financial performance that will support Indonesia's economic growth, enhance employee welfare, and establish itself as a reputable subsidiary of QNB Group.



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