Agenda of Board of Commissioners Inviting Board of Directors Meetings in 2018
No. Date of Meetings Participants from BOC Participants from BOD Agenda 1. 1 February 2018 1. Dato’ Sri Nazir Razak
2. Glenn M. S. Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas
1. Tigor Siahaan 2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji Djajanegara 11. Rahardja Alimhamzah
1. Message from the President Commissioner
2. Approval and Update (Information):
a. Realization and Supervision Reports on Bank Business Plan as of 2H/2018
b. Risk Appetite Statement as of December 2017
3. Others:
a. Dividend Payment 2018 2. 24 April 2018 1. Dato’ Sri Nazir Razak
2. Glenn M. S. Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas
8. Tengku Dato’ Sri Zafrul bin Tengku Abdul Aziz
1. Tigor Siahaan 2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji Djajanegara 11. Rahardja Alimhamzah
1. Message from the President Commissioner
2. Approval and Update (Information):
a. Report of Bank Business Plan Realization 1Q/2018
b. Internal Audit Update as of 1Q/2018
c. Basel Project Achievement, Challenges and Action Plan Update
d. Risk Appetite Statement as of March 2018
e. HR Update (Learning on the Go & HR BOT)
3. 3 July 2018 1. Dato’ Sri Nazir Razak 2. Glenn M. S. Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas
8. Tengku Dato’ Sri Zafrul bin Tengku Abdul Aziz
1. Tigor Siahaan 2. Rita Mas’Oen 3. Megawati Sutanto 4. Vera Handajani 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Hedy Lapian 9. Pandji Djajanegara 10. Rahardja Alimhamzah
1. Message from the President Commissioner
2. Approval and Update (Information):
a. Risk Appetite Statement as of May 2018
4. 19 December 2018 1. Glenn M. S. Yusuf 2. Zulkifli M. Ali 3. Pri Notowidigdo 4. Jeffrey Kairupan 5. Armida S. Alisjahbana 6. David R. Thomas
7. Tengku Dato’ Sri Zafrul bin Tengku Abdul Aziz
1. Tigor Siahaan 2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. Fransiska Oei 7. Hedy Lapian 8. Pandji Djajanegara 9. Rahardja Alimhamzah
1. Message from the President Commissioner
2. Approval and Update (Information):
a. 2019 budget
b. Approval of CIMB Niaga Venture Capital Establishment c. SME Update
d. Risk Appetite Statement as of November 2018
e. Risk Event Escalation 3. Others:
a. Board of Commissioners Work Plan & Supervision Focus in 2019
Board of Directors Meetings & Board of Directors Inviting Board of Commissioners Meetings
1. The Board of Directors shall prepare schedules for the Board of Directors Meetings, and the Board of Directors inviting Board of Commissioners Meetings, for the following fiscal year prior to the end of the current fiscal year and upload it to the Bank’s website.
2. Board of Directors Meetings must be held periodically at least once every month or at any time deemed necessary, or in total at least 12 (twelve) times a year. Board of Directors inviting Board of Commissioners Meetings must be held at least once every 4 (four) months or at least 3 (three) times a year.
3. Members of the Board of Directors must attend at least 75% (seventy-five percent) meetings in a year and must attend physically.
4. Board of Directors’ Meetings shall be valid and entitled to adopt binding resolutions if attended/
represented by at least 2/3 (two thirds) of the total number of Board of Directors members.
5. Resolutions at the Board of Directors Meetings shall be based on deliberation to reach a consensus. In the event consensus is not reached, the decision shall be made based on more than 2/3 (two-thirds) of the total number of Board of Directors members present voting in favour.
6. Board of Directors Meetings may be held physically or by using teleconference, telepresence, video conference or through other electronic media.
7. Minutes of the Board of Directors Meetings shall disclose the attendance of each Board of Directors member, either physically or via teleconference/
telepresence. Attendance via teleconference/
telepresence shall be accompanied by an audio/
visual recording of the Meeting.
8. The Board of Directors meeting minutes shall be signed by all Board of Directors members in attendance at the meeting and shall be delivered to all members of the Board of Directors.
9. The Board of Directors inviting the Board of Commissioners meeting minutes shall be signed by all members of the Board of Directors and Board of Commissioners in attendance at the meeting and shall be delivered to all members of the Board of Directors and Board of Commissioners as well as the Corporate Secretary.
10. The Board of Directors may also make lawful decisions without convening a Board of Directors Meeting, provided that all serving members of the Board of Directors give their approval by signing the proposed decision (Circular Decision). Such Circular Decisions shall have equal power as the validly adopted decisions in the Board of Directors Meetings.
11. The Board of Directors Meetings, and the Board of Directors inviting the Board of Commissioners Meetings, for 2018 were scheduled at the end of 2017 and uploaded to the Bank’s website. Both schedules were approved in the Board of Directors Meeting on 19 December 2017.
Board of Commissioners, Board of Directors &
Board of Commissioners with Board of Directors Joint Meetings
Frequency and Attendance of Board of Directors Meetings in 2018
No. Name
Board of Directors Meetings Board of Directors Inviting Board of Commissioners
Meetings Attendance
Frequency Attendance
Rate Attendance
Frequency Attendance Rate
1. Tigor M. Siahaan 35/37 95% 4/4 100%
2. Rita Mas’Oen 35/37 95% 4/4 100%
3. Megawati Sutanto 36/37 97% 4/4 100%
4. Vera Handajani 35/37 95% 4/4 100%
5. John Simon 34/37 92% 3/4 75%
6. Lani Darmawan 31/37 84% 3/4 75%
7. Pandji P. Djajanegara 36/37 97% 4/4 100%
8. Hedy Lapian 33/37 89% 4/4 100%
9. Fransiska Oei 35/37 95% 4/4 100%
10. Rahardja Alimhamzah 34/37 92% 4/4 100%
11. Wan Razly Abdullah*) 34/37 92% 3/4 75%
*) Resigned as a Director effective on 1 January 2019
Agenda for Board of Directors Meetings in 2018
The Board of Directors Meetings were held in the Kalimantan Meeting Room, Graha CIMB Niaga 14th floor, Jl. Jend.
Sudirman Kav. 58, Jakarta with the meeting agenda as follows:
No Date of Meetings Meetings Participants Agenda
1 9 January 2018 1. Tigor M. Siahaan 1. Consolidated Financial Performance as of December 2017 2. Others
2. Wan Razly Abdullah
3. Rita Mas’Oen
4. Megawati Sutanto
5. Vera Handajani
6. John Simon
7. Hedy Lapian
8. Pandji P. Djajanegara
2 16 January 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 19 December 2017
2. Bond & NCD Issuance Proposal: Rp Shelf Registraton Bond (PUB) II Phase IV 2018 & IDR NCD Phase IV 2018
3. Belitung Initiatives
4. Bank Business Plan (RBB) 2018 and Realization of RBB Revision 4Q/2017 5. CIMB Niaga Recovery Plan
6. Internal Audit CIMB Niaga 4Q/2017 Performance Review
7. Risk Profile Q4/2017 & Risk Based Bank Rating H2/2017 Bank Only, Consolidated & Sharia Business Unit
8. Sharia Banking: Continuing to Race for Achieving Our Strategic Ambition
9. Others
2. Wan Razly Abdullah
3. Rita Mas’Oen
4. Megawati Sutanto
5. Vera Handajani
6. John Simon
7. Lani Darmawan
8. Fransiska Oei
9. Hedy Lapian
10. Pandji P. Djajanegara
11. Rahardja Alimhamzah
No Date of Meetings Meetings Participants Agenda 3 23 January 2018 1. Tigor M. Siahaan 1. Year End Findings 31 December 2017
2. Tax Update
2. Wan Razly Abdullah
3. Rita Mas’Oen
4. Megawati Sutanto
5. Vera Handajani
6. John Simon
7. Lani Darmawan
8. Fransiska Oei
9. Hedy Lapian
10. Pandji P. Djajanegara
11. Rahardja Alimhamzah
4 30 January 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meetings dated 9 and 16 January 2018
2. Loss Event Data (LED) Escalation Protocol 3. 2017 Performance Distribution
4. KAP Enhancement Project 5. Others
2. Wan Razly Abdullah
3. Rita Mas’Oen
4. Megawati Sutanto
5. Vera Handajani
6. Lani Darmawan
7. Fransiska Oei
8. Hedy Lapian
9. Pandji P. Djajanegara
10. Rahardja Alimhamzah
5 6 February 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 23 January 2018
2. December 2017 Stress Test Scenario
3. Integrated Risk Profile CIMB Indonesia as of December 2017 4. Integrated Capital Adequacy Assessment of CIMB Indonesia as of
December 2017
5. Consolidated Financial Performance 6. Others
2. Wan Razly Abdullah
3. Rita Mas’Oen
4. Megawati Sutanto
5. Vera Handajani
6. John Simon
7. Lani Darmawan
8. Fransiska Oei
9. Pandji P. Djajanegara
10. Rahardja Alimhamzah
6 13 February 2018 1. Tigor M. Siahaan 1. Proposal for Appointment of Tax 2. Others
2. Wan Razly Abdullah
3. Megawati Sutanto
4. Rita Mas’Oen
5. Vera Handajani
6. John Simon
7. Lani Darmawan 8. Fransiska Oei
9. Hedy Lapian
10. Pandji P. Djajanegara
11. Rahardja Alimhamzah
Board of Commissioners, Board of Directors &
Board of Commissioners with Board of Directors Joint Meetings
No Date of Meetings Meetings Participants Agenda
7 20 February 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 30 January 2018 and Board of Directors Inviting Board of Commissioners Meeting dated 1 February 2018.
2. Annual General Meeting of Shareholders 3. Subdebt Issuance Proposal
4. Approval on External Auditor
5. JV Book Treasury With Corporate & Commercial Banking 6. CIMB Niaga December 2017 Stress Test Scenario & Risk Appetite
Statement - Monitoring Dashboard 7. Lease of Gunung Geulis 2018- 2023 8. Internal Audit Update
9. Making Blockchain Real for Banking in Indonesia 10. Others
2. Megawati Sutanto
3. Rita Mas’Oen
4. Vera Handajani
5. John Simon
6. Lani Darmawan
7. Fransiska Oei
8. Hedy Lapian
9. Rahardja Alimhamzah
10. Pandji Djajanegara
8 7 March 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meetings dated 6, 13, and 20 February 2018.
2. Non-Customer Operational Matters at the Branches 3. T18 - 2018
4. Dividend Policy & Dividend Payment 2018 5. Finance Update
A. Consolidated Financial Performance as of February 18 B. KSEI Payment
C. Tax Update
D. IFRS 9 – How it Changes Our Financials E. BI & OJK Penalty Allocation
6. Rodan - Geps Implementation 7. Others
2. Wan Razly Abdullah
3. Megawati Sutanto
4. Rita Mas’Oen
5. Vera Handajani
6. John Simon
7. Lani Darmawan
8. Fransiska Oei
9. Hedy Lapian
10. Pandji P. Djajanegara
11. Rahardja Alimhamzah
9 21 March 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting 7 March 2018.
2. Approval on CIMB Niaga Sekuritas Logo
3. Update and Approval on External Auditor Fees For FY2018 4. Pension Fund CIMB Niaga
5. Subordinated Bonds Issuance Proposal 6. February 2018 Internal Audit Summary 7. CIF vs Product Based Segmentation 8. E-KTP Reader Update
9. 2018 Risk Appetite Statement 10. Others
2. Wan Razly Abdullah
3. Rita Mas’Oen
4. Vera Handajani
5. John Simon
6. Lani Darmawan
7. Fransiska Oei
8. Hedy Lapian
9. Pandji P. Djajanegara
10. Rahardja Alimhamzah
10 4 April 2018 1. Tigor M.Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 21 March 2018.
2. Belitung Initiatives Project Progress Update 3. Beyond 2018 Engagement Plan
4. Equinox Steering Committee Results 5. Consolidated Financial Performance 6. HR Digitalization Update
7. Others 2. Wan Razly Abdullah
3. Megawati Sutanto 4. John Simon 5. Lani Darmawan 6. Fransiska Oei 7. Hedy Lapian 8. Pandji P. Djajanegara 9. Rahardja Alimhamzah
No Date of Meetings Meetings Participants Agenda 11 10 April 2018 1. Tigor M.Siahaan 1. Proposal on Sharia Capital Injection for 2018
2. Others 2. Wan Razly Abdullah
3. Megawati Sutanto 4. John Simon 5. Lani Darmawan 6. Fransiska Oei 7. Hedy Lapian 8. Pandji P. Djajanegara 9. Rahardja Alimhamzah
12 17 April 2018 1. Tigor M.Siahaan 1. Confirmation of Board of Directors Minutes of Meetings dated 4 and 10 April 2018
2. Information of Security Updates
3. Internal Audit 1Q/2018 Performance Review
4. Risk Profile Q1/2018 Bank Only, Consolidated & Sharia Business Unit 5. Basel Project Updates: Achievement, Challenges and Action Plan 6. Realization of Bank Business Plan 1Q/2018
7. Approval on T18 In-Country Project Charter-2018 8. MSME Account Maintenance & Monitoring 9. RLP Renewal Thru Portfolio Approach 10. SME RLP IDR>10-15 Bio
11. EXCO Performance in 1Q/2018 & EXCO Parameters 12. Rules regarding Data Sharing
13. Board of Directors Collegial Self- Assessment 14. Revision of Delegated Authority
15. Strategic Procurement & Admin Property Management Update 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
13 2 May 2018 1. Tigor M.Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 17 April 2018
2. Equinox Project 3. ROM Updates
4. Approval regarding T18 In-country Project Charter - 2018 5. Others
2. Rita Mas’Oen 3. Megawati Sutanto 4. Vera Handajani 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Pandji P. Djajanegara 9. Rahardja Alimhamzah
14 8 May 2018 1. Tigor M.Siahaan 1. Consolidated Financial Performance April 2018
2. Update regarding OJK Audit 2018 – Sharia Business Unit 3. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah
Board of Commissioners, Board of Directors &
Board of Commissioners with Board of Directors Joint Meetings
No Date of Meetings Meetings Participants Agenda
15 16 May 2018 1. Tigor M.Siahaan 1. Confirmation of Board of Directors Inviting Board of Commissioners Minutes of Meeting dated 2 May 2018
2. 2018 Bank Business Plan Revision 3. Group Internal Audit Report April 2018
4. Relaxation on DBR & Deviation Authority in Mortgage Underwriting 5. Payment Process & Update
6. Others 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
16 22 May 2018 1. Tigor M.Siahaan 1. Confirmation of Board of Directors Inviting Board of Commissioners Minutes of Meeting dated 8 May 2018
2. New Data Center Project Update
3. Benchmarking Top 18 Banks as of March 2018 4. 2018 Bank Business Plan Revision
5. The Standard for Automatic Exchange of Information (AEoI) 6. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
17 30 May 2018 1. Tigor M. Siahaan 1. Compliance, AML & Legal Update 2. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. John Simon 6. Vera Handajani 7. Fransiska Oei 8. Hedy Lapian 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah
18 5 June 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meetings dated 16 and 22 May 2018
2. Readiness of CIMB Niaga during the Lebaran Holiday 1439 H 3. Efficiency and Productivity Initiatives in Operations 4. Consolidated Financial Performance May 2018 5. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. John Simon 6. Vera Handajani 7. Fransiska Oei 8. Hedy Lapian 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah
No Date of Meetings Meetings Participants Agenda 19 26 June 2018 1. Tigor M. Siahaan 1. FX Review
2. May 2018 Internal Audit Summary 3. Others
2. Rita Mas’Oen 3. Megawati Sutanto 4. Vera Handajani 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Hedy Lapian 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah
20 4 July 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meetings dated 5 and 26 June 2018
2. Employee Ownership Program
3. Consolidated Financial Performance June 2018 4. Belitung Initiatives Update
5. Others 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
21 17 July 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Inviting Board of Commissioners Minutes of Meeting dated 3 July 2018 and Board of Directors Meeting dated 4 July 2018
2. Approval regarding Establishment of Venture Capital Subsidiary 3. Bank Business Plan Realization 2Q/2018
4. 5 Year Aspirations 5. Tax Update
6. Internal Audit 2Q/2018 Result Update 7. Proposed NPL Sale Exercise
8. Risk Profile 2Q/2018 & Risk Based Bank Rating 1H/2018 9. Call Back Policy and SOP
10. Community Link Program Update 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
22 31 July 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 17 July 2018.
2. Sustainable Finance Update 3. Liquidity Management Update 4. The Color Run 2018 Update
5. Update regarding Employee Engagement Survey 6. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
Board of Commissioners, Board of Directors &
Board of Commissioners with Board of Directors Joint Meetings
No Date of Meetings Meetings Participants Agenda 23 7 August 2018 1. Tigor M. Siahaan 1. Information regarding Security Update
2. Update regarding Result of OJK Audit in 2018 3. 2018 Bank Business Plan Revision
4. Senior Leaders Meeting 5. T23 Aspiration and Budget 6. Financial Performance July 2018 7. SLIK Issue
8. Sustainable Finance Action Plan 9. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara
24 21 August 2018 1. Wan Razly Abdullah 1. Confirmation of Board of Directors Minutes of Meeting dated 7 August 2018
2. National Customer Day
3. Establishment of Venture Capital Subsidiary 4. Proposed Tax Consultant
5. Audit Findings 30 June 2018 6. Others
2. Rita Mas’Oen 3. Megawati Sutanto 4. Vera Handajani 5. John Simon 6. Fransiska Oei 7. Hedy Lapian 8. Pandji P. Djajanegara 9. Rahardja Alimhamzah
25 28 August 2018 1. Wan Razly Abdullah 1. T23 Budget and Aspiration 2. Others
2. Rita Mas’Oen 3. Megawati Sutanto 4. Vera Handajani 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Hedy Lapian 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah 26 4 September
2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meetings dated 21 and 28 August 2018
2. Beyond T18 Plan Updates 3. Topic Related with T23
4. Consolidated Financial Performance August 2018 5. A. Entity Governance Policy
B. Proposed Vision & Mission for Sustainable Finance 6. Auto Business Update
7. Employment Policy: Activities outside Company related to Political Parties
8. OPeRA 3D (Data, Digital, Disruption) 9. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
No Date of Meetings Meetings Participants Agenda 27 18 September
2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 4 September 2018
2. August 2018 Internal Audit Summary
3. Action Plans regarding Weaker Macroeconomic Indicators 4. 2019 Budget
5. CNAF Tax Update
6. Fixed Asset Stock Opname Project 7. Regulatory Commitment Monitoring 8. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
28 9 October 2018 1. Tigor M. Siahaan 1. Consolidated Financial Performance October 2018 2. Beyond T2018
3. Others 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. Lani Darmawan 7. Fransiska Oei 8. Hedy Lapian 9. Rahardja Alimhamzah
29 16 October 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 9 October 2018
2. 3Q/2018 Internal Audit Result
3. 3Q/2018 Risk Profile Bank Only, Consolidated & Sharia Business Unit 4. Basel Presentation
5. Belitung Initiative Update
6. Assessment in Practices on Procurement Processing and Vendor Management
7. Finance Update:
A. 3Q/2018 Realization of Bank Business Plan B. 2019 Bank Business Plan
C. NIM & Repricing Analysis September 2018 D. Target 2023
8. Others 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
30 23 October 2018 1. Tigor M. Siahaan 1. Extraordinary General Meeting of Shareholders 2. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
Board of Commissioners, Board of Directors &
Board of Commissioners with Board of Directors Joint Meetings
No Date of Meetings Meetings Participants Agenda
31 30 October 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 16 October 2018
2. Information Security Update: Paving the Way Towards a More Secure CIMB Niaga
3. Private Banking Realignment 4. T23 Initiative Submission
5. Optimizing Fixed Assets in Medan and Semarang 6. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Hedy Lapian
9. Pandji P. Djajanegara 10. Rahardja Alimhamzah
32 6 November 2018 1. Tigor M. Siahaan 1. Confirmation of Board of Directors Minutes of Meeting dated 23 October 2018
2. Callback Policy Revision
3. Re-propose Quality Assurance 100%
4. Manual Framework Policy Revision 5. Data Analytics
6. 2018 Stress Test Annual Review 7. Consolidated Financial Performance 8. 2023 Target
9. Beyond 2018 Aspiration 10. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara 33 13 November
2018 1. Tigor M. Siahaan 1. BCG Update
2. 2019 Bank Business Plan 3. Sustainable Financial Action Plan 4. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah 34 27 November
2018 1. Tigor M. Siahaan 1. Other Agenda 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
No Date of Meetings Meetings Participants Agenda
35 4 December 2018 1. Tigor M. Siahaan 1. Consolidated Financial Performance as of November 2018 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Lani Darmawan 8. Fransiska Oei 9. Hedy Lapian
10. Pandji P. Djajanegara 11. Rahardja Alimhamzah
36 11 December 2018 1. Tigor M. Siahaan 1. 2019 Sector Appetite
2. Simplification of Claims and Expenses Payment Proses 3. NII Analysis
4. CIMB Niaga XTRA XPO 3.0 5. Others
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. John Simon 7. Fransiska Oei 8. Hedy Lapian 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah 37 18 December
2018 1. Tigor M. Siahaan 1. Early warnings for year end audit and interim audit findings 2 Tax Update
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. Fransiska Oei 7. Hedy Lapian 8. Pandji P. Djajanegara 9. Rahardja Alimhamzah
Agenda for Board of Directors Inviting Board of Commissioners Meetings in 2018
In 2018, the agenda for Board of Directors inviting Board of Commissioners Meetings was as follows:
No Date of Meetings Participants from BOC Participants from BOD Agenda
1 1 February 2018 1. Tigor M. Siahaan 1. Dato’ Sri Nazir Razak*) 1. Message from President Director 2. Financial Performance as of
December 2017
2. Wan Razly Abdullah 2. Glenn M. S. Yusuf
3. Rita Mas’Oen 3. Zulkifli M.Ali
4. Megawati Sutanto 4. Pri Notowidigdo
5. Vera Handajani 5. Jeffrey Kairupan
6. John Simon 6. Armida S. Alisjahbana**)
7. Lani Darmawan 7. David R. Thomas
8. Fransiska Oei
9. Hedy Lapian
10. Pandji P. Djajanegara
11. Rahardja Alimhamzah
Board of Commissioners, Board of Directors &
Board of Commissioners with Board of Directors Joint Meetings
No Date of Meetings Participants from BOC Participants from BOD Agenda
2 24 April 2018 1. Tigor M. Siahaan 1. Dato’ Sri Nazir Razak*) 1. Message from President Director 2. Financial Performance as of March
2018
2. Wan Razly Abdullah 2. Glenn M. S. Yusuf
3. Rita Mas’Oen 3. Zulkifli M.Ali
4. Megawati Sutanto 4. Pri Notowidigdo
5. Vera Handajani 5. Jeffrey Kairupan
6. John Simon 6. Armida S. Alisjahbana**)
7. Lani Darmawan 7. David R. Thomas
8. Fransiska Oei 8. Tengku Dato’ Sri Zafrul bin
Tengku Abdul Aziz***)
9. Hedy Lapian
10. Pandji P. Djajanegara
11. Rahardja Alimhamzah
3 3 July 2018 1. Tigor M. Siahaan 1. Dato’ Sri Nazir Razak*) 1. Message from President Director 2. Financial Performance as of May
2018
2. Rita Mas’Oen 2. Glenn M. S. Yusuf
3. Megawati Sutanto 3. Zulkifli M.Ali
4. Vera Handajani 4. Pri Notowidigdo
5. John Simon 5. Jeffrey Kairupan
6. Lani Darmawan 6. Armida S. Alisjahbana**)
7. Fransiska Oei 7. David R. Thomas
8. Hedy Lapian 8. Tengku Dato’ Sri Zafrul bin
Tengku Abdul Aziz***)
9. Pandji P. Djajanegara
10. Rahardja Alimhamzah
4 19 December 2018 1. Tigor M. Siahaan 1. Glenn M. S. Yusuf 1. Message from President Director 2. Financial Performance as of
November 2018
2. Wan Razly Abdullah 2. Zulkifli M.Ali
3. Rita Mas’Oen 3. Pri Notowidigdo
4. Megawati Sutanto 4. Jeffrey Kairupan
5. Vera Handajani 5. Armida S. Alisjahbana**)
6. Fransiska Oei 6. David R. Thomas
7. Hedy Lapian 7. Tengku Dato’ Sri Zafrul bin
Tengku Abdul Aziz***)
8. Pandji P. Djajanegara
9. Rahardja Alimhamzah
*) Resigned as President Commissioner effective on 19 October 2018.
**) Resigned as Independent Commissioner effective on 1 January 2019.
***) Appointed in the EGM 19 December 2018 and effectively serves as President Commissioner on 15 March 2019.