The President Commissioner of PT Jamkrindo, Sri Mulyanto, stated that there are four key strategies that have been the company’s primary focus in recent years. These strategies have successfully elevated Jamkrindo to a higher level compared to before. He also welcomed the appointment of Putrama Wahju Setyawan as the new President Director of Jamkrindo and expressed hope that he would lead the company to even greater progress.
Sri Mulyanto emphasized that the entire Board of Commissioners, Directors, and all employees of Jamkrindo warmly welcomed Putrama Wahju Setyawan as the new President Director of PT Jamkrindo. He pointed out that leadership transitions in organizations are a natural process. However, one thing remains constant: the demand for continuous improvement.
"Anyone can be replaced, but the company’s performance must always improve. Whoever is entrusted with the responsibility must be able to ensure the organization’s sustainable growth. We are confident that Mr. Putrama’s extensive experience—spanning 25 years in the banking industry, including serving as a director at BNI—will be a valuable asset for Jamkrindo’s growth," he said.
Sri Mulyanto also expressed his hope that the new President Director’s experience would further accelerate Jamkrindo’s growth, enhancing the company’s performance in line with its objectives.
These remarks were made by the President Commissioner during the official handover ceremony for the new President Director of PT Jamkrindo, held at the Jamkrindo Building in Kemayoran, Jakarta, on Thursday, November 19, 2020. The event was attended by the former President Director of PT Jamkrindo, Randi Anto, the newly appointed President Director, Putrama Wahju Setyawan, as well as all members of the Board of Commissioners and Directors, along with other company officials.
Sri Mulyanto elaborated on the four strategies that have been successfully implemented by Jamkrindo’s management:
Business Orientation Focus, The company does not solely aim for an increase in guarantee volume but ensures that it is balanced with risk management.
"This approach ensures that the increase in guarantee volume contributes positively to earnings before tax, and ultimately, earnings after tax," he stated. Consequently, the Board of Commissioners consistently emphasizes, particularly in meetings with the Board of Directors, the importance of mapping and analyzing Jamkrindo’s product portfolio alongside the risk profile of each product.
"We aim for a blended product portfolio that carefully considers the risk profile of each product. That’s why, in 2020, some products were discontinued because their initial risk profile was already above 100%. There’s no reason to take unnecessary losses when there are still many business opportunities to explore profitably," he explained.
Organizational Structure Reform, The transition from a public corporation (Perum) to a limited liability company (PT) required restructuring. Previously, the proportion of support staff was higher than that of business-focused employees.
"In a business organization, structural improvements are necessary so that more personnel are allocated to business development, while support functions remain efficient. That is the proper approach for a business entity," Sri Mulyanto asserted.
Human Capital Development, He stressed that the primary asset of any enterprise is its human resources, not just capital or office buildings.
"Therefore, management consistently underscores the importance of enhancing employee competence. Knowledge, attitude, and skills are progressively integrated into our HR programs. This is crucial because future challenges will only become more complex and demanding. As a result, Jamkrindo personnel must be agile and think outside the box when making strategic decisions to ensure the company’s continued success," he explained.
Claim Reserve Management, The accuracy of claim reserve calculations is vital, as it reflects strong corporate governance. Sri Mulyanto noted that Randi Anto had exercised caution in managing investments at Jamkrindo, especially since past investments were considered a "black book" issue.
"Thankfully, in 2020, despite market turbulence, our net revenue exceeded investment returns. We hope this positive trend continues in the coming years," he concluded.
The President Commissioner expressed confidence that with the leadership of the new President Director and the dedication of all Jamkrindo employees, the company will continue to advance and achieve greater success.