Batumbu, an Indonesian fintech lender and part of Validas Investment Holding, has appointed a new board of directors.
Reza Pelazi Almadi has been appointed as the new President and Director, replacing Tan Grant Saputrahadi, who has resigned.
Mr. Reza previously served as Executive Vice President and has over 20 years of experience in the banking industry, particularly in MSME and supply chain finance.
Paulus Adinata Widia Appointed as Director and Vice President, Mochamado Tommy Harshaptera He will serve as a director pending approval from the Financial Services Authority (OJK).
Batumbuis now in its sixth year of operation and will continue to focus on supporting MSMEs and collaborating with partners in the financial sector.
“Under Mr. Grant’s leadership, Batumbu has successfully provided affordable financing solutions to MSMEs in Indonesia, and has consistently recorded positive monthly EBITDA growth to date. We have established ourselves as a company with strong and sustainable performance.
Going forward, Reza is confident of elevating Batumbu beyond just a financial platform and turning it into a strategic partner for companies across the supply chain network as part of Validus. ”
said Mangi Taruna Habil, Independent Presidential Commissioner for Batumbu.
“I would like to express my sincere gratitude to Mr. Grant for his outstanding leadership. Under his guidance, Batumbu has become Indonesia’s largest and most profitable SME financing platform.
Looking ahead, we are confident that given Reza’s extensive experience in supply chain financing, Batumbu will further strengthen its position as Indonesia’s largest SME financing platform. ”
Nikhilesh Goel, co-founder and group CEO of Validus, said:
Featured images: (from left) Mr. Paulus Adinata Widia, Executive Vice President, Reza Perazi Armadi, President Director, Mokamad Tommy Harshaputera, Director
Edited by freepic
