Pursuant to the resolutions of the AGM on 9 April 2020, particularly in regards to the changes in the composition of the Board of Commissioners and Board of Directors of the Bank and according to the Law of the Republic Indonesia No. 40 of 2017 on the Limited Liability Company, specifically Article 92 paragraph 6 whereas in the event the GMS does not stipulate, therefore the delegation of duties and authorities of members of the Board of Directors shall be determined by the resolution of the Board of Directors. Based on the Circular Resolution of the Board of Directors of the Bank No. 005/
SIR/DIR/IV/2020 dated 30 April 2020 (SK Direksi No. 005/
SIR/DIR/IV/2020), all members of the Board of Directors have unanimously decided the delegation of the main duties and responsibilities of each member of the Board of Directors as follows:
1. TIGOR M. SIAHAAN – PRESIDENT DIRECTOR a. Responsible for overall direction, strategy and
management of the organization of the Bank, ensuring that all strategies, activities, programs, services and governance of the Bank are implemented in the interest of shareholders, customers, employees, and communities.
b. Provide direction and guidance on the policies of supporting elements of the Banking’s operations and services, information technology, systems and procedures, legal aspects, financial aspects, and human resources.
c. Ensuring the implementation of compliance function at all levels of bank operations as well as overall implementation of the Bank’s risk management in order that the Bank hold high ethical standards, adheres to the principles of good corporate governance and the practices of prudential banking
d. Provide strategic direction in the management and development of human resources to improve the productivity and quality of the Bank’s human resource to support achieving the business targets of the Bank; ensuring and preserving alignment with prevailing labor regulations and Bank’s culture.
2. LEE KAI KWONG – STRATEGY, FINANCE &
SPAPM DIRECTOR
a. Provide strategic direction, guidance and strategy on the overall financial activities of the Bank, especially in regards to monitoring and evaluating the performance of the Bank and those of subsidiary entities, including the budgeting and financial management pursuant to the Bank’s vision and mission.
b. Manage the financial performance, capitalization and strategic investments of the Bank to optimize profitability, productivity, and total shareholders’
return.
c. Develop and manage the management information system, accountancy and performance of the Bank to be reported to the regulator and communicated to stakeholders.
d. Carry out effective supervision and planning of the Bank’s financial management and ensuring reliable accounting practices in accordance to prevailing the standards.
e. Ensuring that the activities of Strategic Procurement & Administration of Property Management (SPAPM) are carried out responsibly and support the Bank’s operations efficiently and effectively.
3. JOHN SIMON –TREASURY & CAPITAL MARKET DIRECTOR
a. Provide direction, guidance and strategy in implementing all Treasury and Capital Market activities, including trading, market making, short- term liquidity management to meet growth target, profitability and a competitive market position.
b. Provide direction, guidance and strategy in implementing the function of ALCO with other ALCO members to manage liquidity, funding, FTP, asset and liability of the Bank to achieve growth and profitability targets of the Bank.
c. Maintain good relations with financial institutions, customers, communities, and the government, to assure longevity of the Bank’s image, identify, anticipate, and respond quickly to optimally utilize market opportunities.
4. VERA HANDAJANI – RISK MANAGEMENT DIRECTOR
a. Provide strategic direction, guidelines and policies on risk management in accordance with current business developments, prudential principles, and on the basis of the Bank’s risk characteristics in order to identify, monitor, control, and mitigate risks accurately, effectively, and comprehensively.
b. Monitor all aspects of the Bank’s second line of defense in credit risk management and ensure the effective implementation of the Bank’s overall framework for the management of credit risk.
c. Plan, develop, manage, and direct the execution of process and strategy, policy, credit administration, framework, and methodology of credit management holistically to ensure that the Bank’s exposure to credit risk is within the Bank’s Risk Appetite.
d. Review credit proposal, and as a member of the committee related to credit, maintain the quality of credit portfolio and ensure that all business activities follow the prevailing regulations, policies and procedures.
5. LANI DARMAWAN – CONSUMER BANKING DIRECTOR
a. Develop strategy and direct the sales and services of Consumer Banking products in all branch offices of the Bank throughout Indonesia.
b. Optimize market potential through the development of Consumer Banking products that are competitive and innovative to achieve the profit target as set out by the Bank, by remain ensuring the precautionary aspects, the overall implementation of all aspects of the Bank’s risk management policy and to reach a banking business process that is both efficient and effective.
c. Ensure the implementation and execution of the Bank’s strategy in network and innovative expansion is in development of digital channels and branches, to remain following the market development and technologies demands customer needs, and achievement of a good market share with a competitive market.
6. PANDJI P. DJAJANEGARA – SHARIA BANKING DIRECTOR
a. Provide strategic direction that is innovative in implementing the operations of Sharia Banking.
b. Ensure the availability of policies and procedures on working, development, marketing, product sales as well as and to manage the Sharia Banking functions including to manage of daily operations, business development, customer relations, and manage working systems and processes.
c. Ensure the achievement of profit and business growth in line with the Bank’s objective and the Sharia Banking principles.
7. FRANSISKA OEI – COMPLIANCE, CORPORATE AFFAIRS & LEGAL DIRECTOR
a. Formulate the strategy on compliance, including those that relate to the policies and principles of compliance.
b. Ensure that all internal rules of the Bank (policies, systems and procedures) are aligned with all relevant external laws and regulations (Bank Indonesia, OJK and other institutions/authorities), including regulations of Capital Market.
c. Responsible for managing the Bank’s legal risk.
d. To provide information to the community on each required information particularly related to the condition of the Bank as a public-listed company, including maintaining the reputation of the Bank and acting as liaison or contact person between the Bank and the regulators and the community.
e. Responsible for Corporate Social Responsibility activities and the implementation of sustainability including the sustainable finance of the Bank.
8. TJIOE MEI TJUEN – OPERATIONS &
INFORMATION TECHNOLOGY DIRECTOR
a. Establish the Bank’s long-term strategy of Operations and Information Technology.
b. Direct the Operations & Information Technology Directorate to undertake effectivity and efficiency in the banking transaction operations with a high standard, to reach reliability.
c. Ensure communications fluency with users of the operational and information technology processes as required.
d. Ensure implementation of strategy and infrastructure of the Information Technology and security systems over operations, transactions, data information, and digital channels throughout all business units are fully deployed to minimize Bank risks.
9. VACANT – BUSINESS BANKING DIRECTOR a. Establish the business strategy and provide
strategic direction and guidelines for all segments, products, and services of Business Banking, comprising of Financial Institution/Non-Bank Financial Institution, Corporate, Commercial, and SME (Small, Medium, Enterprise).
b. Responsible for achieving the funding and lending targets of the Bank and increasing cross-selling between those segments and branch offices.
c. Determine the direction for products that are competitive, development of services with operational support that can accommodate the demands of the banking industry and advances in technology.