Jakarta, October 27th , 2020. PT XL Axiata Tbk (XL Axiata) has approved the changes in the composition of the new board of directors as a result of the Extraordinary General Meeting of Shareholders (EGMS), October 27th, 2020. At the EGMS, one of the main agendas is a change in the composition of the board of directors, in addition to appointing a replacement for the Director of Finance who previously resigned, also appointed a new director.
President Director & CEO of XL Axiata, Dian Siswarini said, "In connection with the resignation of Mr. Mohamed Adlan Bin Ahmad Tajudin from the Company based on a resignation letter dated August 24, 2020, and in order to strengthen the current composition of the board of directors, the Nomination & Remuneration Committee based on its recommendation on 14 September 2020 proposes the appointment of a new member of the board of directors, namely Budi Pramantika as director replacing Mohamed Adlan Bin Ahmad Tajudin, and I Gede Darmayusa as the new director. "
The EGMS further agreed to accept the resignation of Mohamed Adlan Bin Ahmad Tajudin from his position as Director of the Company as of November 1st and to grant full release and discharge of responsibility (Acquit et de Charge) to him as director for all management actions starting from January 1st, 2020 to November 1st, 2020. Subsequently, the meeting agreed to appoint Budi Pramantika as Director of the Company to replace Mohamed Adlan Bin Ahmad Tajudin from November 1, 2020, until the end of the term of office of the board of directors at the close of the Annual GMS in 2024.
Still related to changes in the composition of the board of directors, the EGMS also agreed to appoint I Gede Darmayusa as the Director of the Company starting from November 4th, 2020 until the end of the term of office of the Board of Directors at the close of the Annual GMS in 2024.
Thus, the composition of the members of the Company's Board of Directors as of 4 November 2020 is as follows:
President Director : Dian Siswarini
Director : Abhijit J. Navalekar
Director : Yessie D. Yosetya
Director : David Arcelus Oses
Director : Budi Pramantika
Director : I Gede Darmayusa
The EGMS also approved the amendments to the Company's Articles of Association in order to comply with OJK Regulation No. 15/ POJK.04/2020 concerning the Plan and Implementation of General Meeting of Shareholders of Public Companies and restating the entire Articles of Association of the Company in connection with the adjustment of OJK Regulation No. 15/POJK.04/2020, regarding Planning and Implementation of General Meeting of Shareholders of Public Companies.
New Director Profile
Budi Pramantika previously served as Deputy Chief Financial Officer. Joining XL Axiata since May 2019, Budi has 14 years of experience holding various positions in the financial sector. Previously, He had served as ASEAN Regional CFO at PT PT GE Health Care, as Country CFO at PT GE Indonesia, and Asia Pacific CFO at GE Transportation.
Meanwhile, I Gede Darmayusa will take a new position as Director of Technology. Served at XL Axiata since 2014, his last position as Acting Chief Technology Officer. He has extensive experience in the telecommunication field. In this new position, Gede will lead network infrastructure development and management.