Indonesia-listed tech giant GoTo Group has formally announced a leadership transition in which COO Hans Patuwo has been nominated to replace Patrick Walujo as CEO, according to a company announcement on Monday.
The announcement confirms DealStreetAsia’s exclusive newsbreak on Sunday evening.
The appointment will be tabled for approval at an extraordinary shareholders’ meeting on December 17.
The company stated that the nomination follows a structured succession process led by the board to ensure continuity as GoTo pushes deeper into its profitability and efficiency agenda.
GoTo president commissioner Agus Martowadojo credited Walujo for steering the company through a major turnaround since mid-2023 through a disciplined and strategic turnaround, “one that has fundamentally strengthened our financial foundation, sharpened our operational focus, and restored clarity on our long-term direction”.
“I would also like to congratulate Hans on his nomination to become GoTo President Director and CEO. His significant experience within the ecosystem, as well as his commitment to driver-partner and merchant welfare make him the ideal candidate to drive the Company forward,” Martowadojo added.
Walujo, in the same statement, expressed gratitude to employees and endorsed Patuwo as a leader who understands the organisation “from the ground up,” having spent almost a decade managing core operational and financial service businesses.
“I would like to express my deepest gratitude to everyone within the GoTo family for their unwavering dedication throughout the transformation of the past two years. I am deeply proud of the collective effort of the team, whose hard work has been instrumental in bringing the company to the position of strength it is in today,” said Walujo.
Patuwo has almost eight years of experience at the firm, joining in 2018. He currently oversees COO and GoTo’s on-demand operations, the most vital foundations of GoTo’s business and leads all operations through the ecosystem. He also played a strategic role in the development of GoTo Financial, where he served as president. Prior to joining GoTo, he held roles across the US, China, and Singapore, including as a partner at McKinsey.
In addition to the CEO transition, the firm also announced several proposed changes to its board. Director of Public Affairs and Communications, Ade Mulyana, has resigned, while commissioners Pablo Malay and Winato Kartono have submitted their resignations.
Andre Soelistyo and Santoso Kartono have been nominated to fill the commissioner vacancies. “Both will use their strategic experience and deep understanding of technology and investment to enhance the supervisory function and corporate governance of the Board of Commissioners,” GoTo concluded.
