Throughout 2021, due to the COVID-19 pandemic, all meetings of the Bank’s Board of Directors were held by telepresence (video conference), with the agendas as follows.
No Date Agenda Attendees
1 12 January 2021 1. Confirmation of the Minutes of Meetings of Board of Directors (BOD) on 8 December 2020, 15 December 2020 and 22 December 2020 2. Consolidated Financial Performance - December 2020
3. Update on RPOJK concerning Commercial Banks and Business Activities of Commercial Banks
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 2 19 January 2021 1. Summary - Internal Audit – Q4 2020
2. Progress of Bank Business Plan (RBB) – Q4 2020 & Approval for Re-Submission of the 2021 RBB
3. CIMB Niaga Shares Buyback 4. Application Convene 5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen
No Date Agenda Attendees 3 26 January 2021 1. 2021 AGM Plan
2. Update on Spin-Off Project of 2021
3. Update on Transformation (Non IT Vendor Rationalization – Statement Conversion & Charging)
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 4 2 February 2021 1. Confirmation of the Minutes of BOD Meetings on 12 January 2021 and
19 January 2021
2. Implementation of Digital Signatures 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 5 9 February 2021 1. Consolidated Financial Performance of January 2021 (1st Cut)
2. Approval for Appointment of External Auditors for Financial Year of 2021
3. Scorecard of CIMB Niaga & Scorecard of Directorates in 2021 4. KPIs on Sustainability
5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 6 16 February 2021 1. Confirmation of the Minutes of Joint Meeting of BOD with Board of
Commissioners (BOC) on 27 January 2021 and the BOD Minutes of Meetings on 26 January 2021 and 2 February 2021
2. Summary of Internal Audit - January 2021 3. Update on Data Management
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 7 23 February 2021 1. Basel Project Closing
2. 2H 2020 Compliance Director Reports (Update on AML, Compliance and Legal)
3. Update on Tax Management 4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 8 2 March 2021 1. Confirmation of the Minutes of BOD Meetings on 9 February 2021 and
16 February 2021 2. Dividend Payment
3. Appointment of Tax Consultant 4. HR Updates
a. Update on Omnibus Law
b. Work Plan for Employee Vaccination 5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 9 9 March 2021 1. Consolidated Financial Performance - February 2021 (1st Cut)
2. Other 1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 10 16 March 2021 1. Confirmation of the Minutes of BOD Meetings on 23 February 2021 and
2 March 2021
2. Summary of Internal Audit - February 2021 3. Update on Orion Project
4. Update on Stock Opname
5. Update on Forum Indonesia Bangkit (Vol.1) 6. Other
1. Tigor M. Siahaan*
2. Vera Handajani**
3. John Simon 4. Lani Darmawan 5. Fransiska Oei 6. Pandji P. Djajanegara 7. Lee Kai Kwong 8. Tjioe Mei Tjuen 11 30 March 2021 1. EXCO Book Framework & Governance
2. Other 1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen
No Date Agenda Attendees 12 6 April 2021 1. Confirmation of the Minutes of BOD Meetings on 9 March 2021 and
16 March 2021
2. Consolidated Financial Performance - March 2021 (1st Cut) 3. Update on Berita Satu Plaza
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 13 20 April 2021 1. Confirmation of the Minutes of BOD Meetings on 30 March 2021
and on 6 April 2021, and the Minutes of the Meeting of the Board of Directors with the Board of Commissioners on 9 April 2021 2. Strengthening Our Organizational Health
3. Summary of Internal Audit - March 2021, Update on Audit Focus for 2021 and Review of Audit Work Plans Q1 (March) 2021
4. Realization of Bank Business Plan (RBB) Q1 2021 5. Update on Tax Management
6. Update on Data Management 7. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen
14 27 April 2021 1. Asset Quality (Special Asset Management)
2. Update on Strategies for Building/Property Management 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 15 4 May 2021 1. Confirmation of the Minutes of BOD Meeting on 20 April 2021
2. Work in Progress (WIP) Clean Up 3. Update on Bonds Portfolio
4. Proposal for IFC Green/Sustainability Bond 5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 16 11 May 2021 1. Consolidated Financial Performance - April 2021
2. Other 1. Tigor M. Siahaan*
2. John Simon 3. Vera Handajani 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 17 18 May 2021 1. Confirmation of the Minutes of BOD Meetings on 27 April 2021 and
4 May 2021
2. Summary of Internal Audit - April 2021 3. Changes to the 2021 RBB
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 18 2 June 2021 1. Confirmation of the Minutes of BOD Meetings on 11 May 2021 and
18 May 2021
2. Operations Transformation (Op-T) Project Overview 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani 5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 19 8 June 2021 1. Consolidated Financial Performance - May 2021 (1st Cut)
2. Other 1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 20 15 June 2021 1. Confirmation of the Minutes of BOD Meeting on 2 June 2021
2. Summary of Internal Audit - May 2021 3. 2021 Mid-year Risk Assessment – Audit Plan 4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen
No Date Agenda Attendees 21 6 July 2021 1. Confirmation of the Minutes of BOD Meetings on 8 June 2021 and
15 June 2021
2. Update on Forum Indonesia Bangkit (Vol. 2) 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 22 13 July 2021 1. Consolidated Financial Performance - June 2021 (1st Cut)
2. Other 1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 23 21 July 2021 1. Confirmation of the Minutes of BOD Meeting on 6 July 2021
2. Summary of Internal Audit -1st Semester (June) of 2021
3. Technology Refresh – Network Core Device Nexus Edge DC Bintaro 4. Update on Data Management
5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Vera Handajani**
5. Lani Darmawan 6. Pandji P. Djajanegara 7. Fransiska Oei 8. Tjioe Mei Tjuen 24 3 August 2021 1. Confirmation of the Minutes of BOD Meetings on 13 July 2021 and
21 July 2021
2. Self-Isolation Program (LC CIMB Niaga Gunung Geulis) 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 25 10 August 2021 1. Consolidated Financial Performance - July 2021
2. Other 1. Lee Kai Kwong
2. John Simon 3. Lani Darmawan 4. Pandji P. Djajanegara 5. Fransiska Oei 6. Tjioe Mei Tjuen 26 18 August 2021 1. Confirmation of the Minutes of Joint Meeting of the BOD with
BOC on 29 July 2021 and Minutes of BOD Meeting on 3 August 2021 2. a. Summary of Internal Audit - July 2021
b. Update on Audit Plans (Quarterly Review) 3. NexGen Challenge
4. Other
1. Lee Kai Kwong 2. Lani Darmawan 3. Pandji P. Djajanegara 4. Fransiska Oei 5. Tjioe Mei Tjuen 27 31 August 2021 1. Confirmation of the Minutes of BOD Meetings on 10 August 2021 and
18 August 2021
2. 1H 2021 Compliance Director Reports (Update on Compliance, AML, Sustainability & Legal)
3. Discussion on Legal Document Inspection Report (LPDH) 4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 28 7 September 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Consolidated Financial Performance - August 2021 3. Update on Orion Project
4. Update on Spin-off Project 5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 29 21 September 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Summary of Internal Audit - August 2021
3. Audit Plan by PWC for the Financial Year Ending 31 December 2021 4. Other
1. Tigor M. Siahaan*
2. Lani Darmawan 3. Pandji P. Djajanegara 4. Fransiska Oei 5. Tjioe Mei Tjuen 30 28 September 2021 1. Update on Forum Indonesia Bangkit (Vol.3)
2. Ratification of Distributor Financing Portfolio 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Pandji P. Djajanegara 5. Fransiska Oei 6. Tjioe Mei Tjuen 31 5 October 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Update on LIBOR Transition 3. EGM Plan
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Tjioe Mei Tjuen
No Date Agenda Attendees 32 12 October 2021 1. Consolidated Financial Performance - September 2021
2. Update on CNAF Divestment 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 33 19 October 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Summary of Internal Audit - September 2021 3. Update on Recovery Plan
4. Update on Data Management 5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 34 26 October 2021 1. Realization of Q3 2021 RBB
2. RBB of 2022 (1st draft) 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 35 3 November 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Hybrid Working Arrangement 3. Update on BI FAST
4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 36 9 November 2021 1. Consolidated Financial Performance - October 2021
2. 2022 Bank Business Plan (RBB) 3. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. Lani Darmawan 4. Pandji P. Djajanegara 5. Fransiska Oei 37 16 November 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Summary of Internal Audit - October 2021 and Audit Work Plan of 2022 3. RBB of 2022
4. Progress of RAKB of 2021 and RAKB of 2022
5. Q3 2021 Compliance Director Reports (Update on Compliance, AML, Sustainability & Legal)
6. Update on CNAF Divestment 7. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 38 30 November 2021 1. Installation of Another Company’s Logo at Gedung Graha CIMB Niaga
2. Other 1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 39 7 December 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Update on the Audit for the Financial Year Ended on 31 December 2021 3. Consolidated Financial Performance - November 2021
4. Update on Spin-off Project 5. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Tjioe Mei Tjuen 40 14 December 2021 1. Summary of Internal Audit - November 2021
2. 2022 Internal Capital Target & Capital Trigger
3. Update on Logo Installation at Gedung Graha CIMB Niaga 4. Other
1. Tigor M. Siahaan*
2. Lee Kai Kwong 3. John Simon 4. Lani Darmawan 5. Pandji P. Djajanegara 6. Fransiska Oei 7. Tjioe Mei Tjuen 41 21 December 2021 1. Confirmation/Monitoring of Approval on the Minutes of BOD Meetings
2. Macroprudential Inclusive Financing Ratio (RPIM) 3. Other
1. Lee Kai Kwong 2. John Simon 3. Pandji P. Djajanegara 4. Fransiska Oei 5. Tjioe Mei Tjuen
*) Resigned as President Director effective as of the closing of the EGM on 17 December 2021.
**) Resigned as Director effective as of 1 August 2021 and appointed as Commissioner effective as of the close of EGM on 17 December 2021.