Bank Neo Commerce Appoints New President Director After Extraordinary Meeting
The digital bank majority-owned by Akulaku's backers named Christian Lesmana as president director following an extraordinary general meeting of shareholders on October 29.
PT Bank Neo Commerce Tbk (BBYB) has appointed Christian Lesmana as its new president director, following an extraordinary general meeting of shareholders held on October 29, according to reporting by CNBC Indonesia on October 30. The leadership change comes at the digital bank backed by the Akulaku ecosystem, which has been repositioning itself around digital lending and e-commerce-adjacent financial services.
The appointment lands during a period in which Indonesia's mid-size digital banks are recalibrating strategy amid compressed net interest margins and rising funding costs across the sector. No accompanying technology procurement or platform changes were announced with the leadership decision, so its operational significance remains a signal of strategic direction rather than a concrete program. The bank's next quarterly results presentation, due early next year, is expected to clarify the new leadership's priorities.