Variable Remuneration
Amount Received in 1 Year by Sharia Supervisory Board
2016 2017
Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil
EMPLOYEE AND MANAGEMENT SHARE OWNERSHIP PROGRAM
During 2017, CIMB Niaga has no employee and/or management share ownership program.
Description/Name
Number of Share Owned (shares)
Number of Stock Option
Option Price
(Rp) Period
Distributed
(shares) Exercised (shares)
2016 2017 2016 2017 2016 2017 2016 2017 2016 2017
BOD Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
BOC Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
Executives Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
Total Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
Highest and Lowest Salary Ratio
Ratio 2016 2017
Ratio of the highest and lowest Employee’s Salary 104.6 : 1 112.31 : 1
Ratio of the highest and lowest Director’s Salary 4.0 : 1 4.28 : 1
Ratio of the highest and lowest Commissioner’s Salary 1.50 : 1 1.50 : 1
Ratio of the highest Director’s and the Highest of Employee’s Salary 3.60 : 1 3.80 : 1
Variable Remuneration for Employees
Variable Remuneration
Amount Received in 1 Year by Employees
2016 2017
Personnel Rp (Million) Personnel Rp (Million)
Total 10,223 247,314 9,489 266,776
Fixed and Variable Remuneration for Parties in the Material Risk Takers (MRT) Category
A. Fixed Remuneration 2016 2017
1. Cash Nil Nil
2. Shares/share-based instruments issued by the Bank Nil Nil
B. Variable Remuneration
2016 2017
Tidak
Ditangguhkan Ditangguhkan Tidak
Ditangguhkan Ditangguhkan
1. Cash Nil Nil Nil Nil
2. Shares/share-based instruments issued by the Bank Nil Nil Nil Nil
Quantitative Information for Parties in the MRT Category
2016 2016
Types of Variable
Remuneration Deferred Amount
Total Deduction during Reporting
Deferred Amount
Total Deduction during Reporting Explicit
Adjustment (A)
Implicit Adjustment
(B) Total (A+B) Explicit
Adjustment (A)
Implicit Adjustment
(B) Total (A+B) 1. Cash (in
million Rupiah)
Nil Nil Nil Nihil Nihil Nihil Nihil Nihil
2. Shares/
share-based instruments issued by the Bank (in number of shares and in nominal of millions, conversion value of the share)
Nil Nil Nil Nil Nil Nil Nil Nil
Total Nil Nil Nil Nil Nil Nil Nil Nil
Total Severance Granted to Employees Affected by Termination and Total Amount Paid
Nominal Amount of Severance paid per person in 1 (One) Year Number of Employees
2016 2017
Above Rp1 billion 30 0
From Rp500 million to Rp1 billion 78 1
Up to Rp500 million 472 299
THE BOARD OF COMMISSIONERS MEETINGS AND JOINT MEETINGS OF THE BOARD OF COMMISSIONERS WITH THE BOARD OF DIRECTORS (“MEETING”)
1. The Board of Commissioners must hold regular meetings at least once a month or whenever deemed necessary.
2. Joint meetings of the Board of Commissioners inviting the Board of Directors have to be held at least 1 (one) time every 3 (three) months or whenever deemed necessary.
3. Members of the Board of Commissioners must attend at least 75% (seventy five percent) of the meetings per year with physical attendance required at least 6 (six) times per year.
4. Meetings are valid and entitled to take binding decisions if attended/represented by at least 2/3 (two thirds) of the total number of members of the Board of Commissioners.
5. Material of Board of Commissioners Meetings shall be submitted to all members of the Board of Commissioners 5 (five) working days prior to the date of the Meeting.
of Commissioners with the Board of Directors
6. In the event of a member of the Board of Commissioners being unable to physically attend a Meeting, then he or she may attend through teleconferencing/telepresence.
7. The minutes of the Board of Commissioners meetings must mention the physical presence or telepresence of each member of the Board of Commissioners.
8. The Board of Commissioners Meetings for 2017 was scheduled at the end of 2016 and uploaded on the Bank’s website.
9. The minutes of the meetings of the Board of Commissioners must be signed by the members of the Board of Commissioners in attendance and distributed to all members of the Board of Commissioners.
10. The minutes of the joint meetings of the Board of Commissioners inviting the Board of Directors must be signed by the Board of Commissioners in attendance and also distributed to the Board of Directors.
11. The schedule of the Board of Commissioners Meetings and Joint Meetings between the Board of Commissioners and Board of Directors in 2017 had been drawn up at the end of 2016 and approved in the Board of Commissioners Meeting on 19 December 2016.
Meeting Frequency and Attendance of the Board of Commissioners for 2017
Name
Meetings
The Board of
Commissioners Attendance Rate
The Board of Commissioners Inviting The Board of
Directors
Attendance Rate
Dato’ Sri Nazir Razak 7/7 100% 5/5 100%
Glenn M. Surya Yusuf 7/7 100% 5/5 100%
Zulkifli M. Ali 7/7 100% 5/5 100%
Pri Notowidigdo 7/7 100% 5/5 100%
Jeffrey Kairupan 7/7 100% 5/5 100%
Armida S. Alisjahbana 7/7 100% 5/5 100%
David R. Thomas 6/7 85% 4/5 80%
Tengku Dato’ Sri Zafrul Tengku Abdul Aziz*) 3/3 100% 1/1 100%
*) Attended the meeting as Invitee after appointed at EGMS on 24 August 2017 and effective as a Commissioner on 16 March 2018
Meeting Agenda of the Board of Commissioners in 2017
At each Meeting of the Board of Commissioners, there is a regular agenda, namely:
1. Ratification of the Minutes of the previous Board of Commissioners Meeting;
2. Discussion of unresolved issues from the previous Board of Commissioners Meeting;
3. Summary of the previous month’s credit proposal;
4. Financial Performance Report;
5. Report of the Committees under the Board of Commissioners: the Audit Committee, Risk Oversight Committee, and Nomination and Remuneration Committee
In addition to the regular agenda, the following agenda was discussed :
No Date Agenda Meeting Participant
1. 27 February 2017 Approval & Updates
1. Financial Performance as of January 2017 (including Strategy of BUKU IV).
2. Annual General Meeting of Shareholders.
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas 2. 30 March 2017 Approval & Updates
1. Financial Performance as of February 2017 2. Update on BUKU IV
a. Strategy of BUKU IV b. Socialization Plan of BUKU IV 3. CNAF Update
4. Update on Human Resources 5. Update on Microfinance Asset Sales
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas 3. 31 May 2017 Approval & Updates
1. Financial Performance as of April 2017 2. Revised Bank Business Plan (RBB) 3. Update on Asset Quality Q1 2017
4. Risk Appetite Statement (RAS) as of April 30, 2017
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas 4. 22 June 2017 Approval & Updates
1. Revised RBB 2017 (approval) 2. Financial Performance as of May 2017
3. Update on Extraordinary General Meeting of Shareholders 4. Risk Appetite Statement as of May 31, 2017
5. Update on Credit Policy
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas 5. 29 September 2017 Approval & Updates
a. Financial performance as of August 2017 b. Update on 1P Benefit
c. Risk Appetite Statement as of August 31, 2017 d. Update on Mortgage
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas Invitee:
1. Tengku Dato’ Sri Zafrul Tengku Abdul Aziz
6. 27 October 2017 Approval & Updates
a. Financial performance as of September 2017 b. Project approval to enter New Business c. Realization of RBB Q3 2017
d. Target in 2018
e. Update on Recovery Plan f. Update on Asset Quality Q3 2017 g. Update on Sharia Business
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana 7. David R. Thomas Invitee:
1. Tengku Dato’ Sri Zafrul Tengku Abdul Aziz
7. 19 December 2017 Approval & Updates
a. Financial Statements as of November 2017 b. Update on 1P Business Strategy
c. Update on Project One Credit Card System d. Update on mortgages
e. Risk Appetite Statement as of November 2017 f. Review of the Board of Commissioners Charter
1. Dato’ Sri Nazir Razak 2. Glenn M. Surya Yusuf 3. Zulkifli M. Ali 4. Pri Notowidigdo 5. Jeffrey Kairupan 6. Armida S. Alisjahbana Invitee:
1. Tengku Dato’ Sri Zafrul Tengku Abdul Aziz
Agenda of the Joint Meetings of the Board of Commissioners inviting the Board of Directors in 2017
No Date The Board of
Commissioners Attend The Board of Directors
Attend Agenda
1. 27 January
2017 1. Dato’ Sri Nazir Razak 1. Tigor M. Siahaan 1. Message from the President Commissioner 2. Approval & Updates
a. Update on the Bank Business Plan (RBB):
- Realization of RBB for Q IV, 2016 and RBB Supervision Report for Semester II, 2016 - Update on RBB 2017
b. Update on Asset Quality Q IV, 2016 c. Business Update – CNAF
d. Project Information Technology 2017 Priority Update
e. Update on Composite Risk Result of Bank Negara Malaysia (BNM)
2. Glenn M. Surya Yusuf 2. Wan Razly Abdullah 3. Zulkifli M. Ali 3. Rita Mas’Oen 4. Pri Notowidigdo 4. Megawati Sutanto 5. Jeffrey Kairupan 5. Vera Handajani 6. Armida S. Alisjahbana 6. John Simon 7. David R. Thomas 7. Lani Darmawan
8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara
2. 25 April 2017 1. Dato’ Sri Nazir Razak 1. Tigor M. Siahaan 1. Message from the President Commissioner 2. Approval and & Updates:
a. Realization of RBB for Q1, 2017 b. Update Internal Audit for Q1, 2017 2. Glenn M. Surya Yusuf 2. Wan Razly Abdullah
3. Zulkifli M. Ali 3. Rita Mas’Oen 4. Pri Notowidigdo 4. Megawati Sutanto 5. Jeffrey Kairupan 5. Vera Handajani 6. Armida S. Alisjahbana 6. John Simon 7. David R. Thomas 7. Lani Darmawan
8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara
3. 24 July 2017 1. Dato’ Sri Nazir Razak 1. Tigor M. Siahaan 1. Message from the President Commissioner 2. Approval & Updates
a. Realization and Supervision Report of RBB H1, b. Consumer Banking Update2017
c. Risk Appetite Statement as of June 2017 d. Operational Risk Management - Risk Event
Escalation 2. Glenn M. Surya Yusuf 2. Wan Razly Abdullah
3. Zulkifli M. Ali 3. Rita Mas’Oen 4. Pri Notowidigdo 4. Megawati Sutanto 5. Jeffrey Kairupan 5. Vera Handajani 6. Armida S. Alisjahbana 6. John Simon 7. David R. Thomas 7. Lani Darmawan
8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara 4. 24 August
2017 1. Dato’ Sri Nazir Razak 1. Tigor M. Siahaan 1. Message from the President Commissioner 2. Approval & Updates
a. Update on Internal Audit b. Digital Road Map
c. Risk Appetite Statement as of July 2017 d. Risk Posture 2018
2. Glenn M. Surya Yusuf 2. Wan Razly Abdullah 3. Zulkifli M. Ali 3. Rita Mas’Oen 4. Pri Notowidigdo 4. Megawati Sutanto 5. Jeffrey Kairupan 5. Vera Handajani 6. Armida S. Alisjahbana 6. John Simon 7. David R. Thomas 7. Lani Darmawan
8. Fransiska Oei 9. Hedy Lapian 10. Pandji P. Djajanegara
No Date The Board of
Commissioners Attend The Board of Directors
Attend Agenda
5. 29 November
2017 1. Dato’ Sri Nazir Razak 1. Tigor M. Siahaan 1. Message from the President Commissioner 2. Approval & Updates
a. RBB 2018 b. Recovery Plan
c. Risk Appetite Statement as of October 2017.
d. Data Analytics – Internal Audit 2. Glenn M. Surya Yusuf 2. Wan Razly Abdullah
3. Zulkifli M. Ali 3. Megawati Sutanto 4. Pri Notowidigdo 4. Vera Handajani 5. Jeffrey Kairupan 5. John Simon 6. Armida S. Alisjahbana 6. Lani Darmawan Invitee:
1. Tengku Dato’ Sri Zafrul Tengku Abdul Aziz
7. Fransiska Oei
8. Hedy Lapian 9. Pandji P. Djajanegara 10. Rahardja Alimhamzah
Board of Directors Meetings
1. Meetings of the Board of Directors must be held at least once a month or whenever deemed necessary.
2. Meetings of the Board of Directors with the Board of Commissioners must be held at least once every 3 (three) months or whenever deemed necessary.
3. Members of the Board of Directors must physically attend at least 75% (seventy five percent) of the meetings per year.
4. The Meeting is valid and entitled to take a valid and binding decision if attended/represented by at least 2/3 (two thirds) of the total members of the Board of Directors.
5. In the event of a member of the Board of Directors being unable to physically attend a Meeting, then he or she may attend a through teleconferencing/
telepresence.
6. The minutes of the Board of Directors meetings must mention the physical presence or telepresence of each member of the Board of Directors.
6. The Board of Directors meetings for 2017 were scheduled at the end of 2016 and uploaded on the Bank’s website.
8. The schedule of the Board Directors Meeting and Joint Meetings of the Board of Directors and Board of Commissioners in 2017 had been drawn up at the end of 2016 and approved in the Board of Directors Meeting on 20 December 2016.
Meeting Frequency and Attendance of Directors for 2017
Name
Attendance at the 39 Meetings of the Board of Directors Attendance
Figures Attendance Rates
Tigor M. Siahaan 38 97%
Wan Razly Abdullah 39 100%
Rita Mas’Oen 36 92%
Megawati Sutanto 34 87%
Vera Handajani 36 92%
John Simon 33 84%
Lani Darmawan 35 90%
Fransiska Oei 38 97%
Hedy Lapian 34 87%
Pandji Djajanegara 36 92%
Rahardja Alimhamzah*) 15 93%
*) attendance calculated after effectively serving as a member of the Board of Directors since the EGMS on 24 August 2017, where, since 24 August 2017, Board of Directors Meetings were held 16 (sixteen) times
The agenda of the 2017 Board of Directors Meetings
The meetings were held in the Kalimantan Meeting Room on 14th floor of Graha CIMB Niaga, Jl. Jend. Sudirman Kav 24, Jakarta, Indonesia
No Meeting Date Meeting Participant Agenda
1 10 January 2017
1. Tigor M. Siahaan 1. Consolidated Financial Performance - December 2016 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Vera Handajani 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Pandji Djajanegara 2 17 January
2017
1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Matters Arising from the previous Board of Directors Meetings 3. Bank Business Plan Realization (RBB) Q IV 2016
4. RBB 2017 5. BNM Audit 2016
6. December 2016 - Stress Test
7. Risk Profile Q4, 2016 & RBBR H2 2016 (Bank Only, Consolidated & UUS) 8. Negotiation of Collective Labor Agreement (PKB)
9. Commercial & Wholesale Funding 10. CIMB Niaga Economic Forum 2017 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 3 23 January
2017
1. Tigor M. Siahaan 1. Year-end findings December 31, 2016 2. IT Enablement Roadmap
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 4 24 January
2017
1. Tigor M. Siahaan 1. Revised RBB 2017 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
No Meeting Date Meeting Participant Agenda 5 31 January
2017
1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Matters arising from the previous Board of Directors Meetings 3. Auto Business Alignment Plan
4. Strategic Partner for a Reliable CIMB Niaga ATM & CDM Service 5. Special Project Highway
6. Unwinding Interest Concept 2. Wan Razly Abdullah
3. Vera Handajani 4. Fransiska Oei 5. Hedy Lapian 6. Pandji P. Djajanegara 7. Rita Mas’Oen 8. Lani Darmawan 6 7 February
2017
1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Matters arising from the previous Board of Directors Meetings 3. AGMS 2017 Timeline, Agenda & Budget
4. January 17 Consolidated Financial Performance 5. Cirebon Initiatives Update
6. T18 Approval for OC Presentation material on T18 and Kaiju 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 7 21 February
2017
1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting and Minutes of the Joint Meeting of the Board of Directors inviting the Board of Commissioners dated January 27, 2017
2. Internal Audit Report, January 2017
3. Approval of PWC Reappointment as Auditor for 2017 Financial Statements 4. Sector Appetite, 2017
5. Uber & Grab update 6. Loan Utilization alert 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. Vera Handajani 6. Fransiska Oei 7. Hedy Lapian 8. Pandji Djajanegara
8 7 March 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Matters arising from the previous Board of Directors Meetings 3. Update on Microfinance Asset Sales
4. Online account opening
5. Creating a great onboarding experience for new hires.
6. Process Improvements on project implementation 7. Update & follow up on Bank Indonesia Regulation: Cheque 8. Consolidated Financial Performance as of February 2017 9. HR Update
a. Learning budget utilization 2016-2017 b. Mass Leave Policy
c. Annual Cycle update d. 2017 KPI Framework 10. BMC Off-Site Training 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
No Meeting Date Meeting Participant Agenda
9 21 March 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Matters arising from the previous Board Meetings
3. Internal Audit Summary
4. Variety of Charges (TMM) & Variety of Debts (MMU) 5. Finance Update:
a. Mid-Year Budget Meeting
b. Benchmarking Top 10 Banks December 2016 c. Update on Tax Cases
2. Wan Razly Abdullah 3. Rita Mas’Oen 4. Vera Handajani 5. Lani Darmawan 6. Fransiska Oei 7. Hedy Lapian 8. Pandji Djajanegara
10 4 April 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Branch Operation Services during the Jakarta Governor Election on April 19,
2017
3. Demerit Framework and Workplace Wellness @CIMB
4. Internal Audit of CIMB Niaga Q1, 2017 performance ; review and 2017 initiatives:
Foundation for 2018 - 2020 Road Map 5. RBB Realization in Q I, 2017
6. T18 In-Country Project Progress update and approval of membership 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 18 April 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Branch Operation Services during the Jakarta Governor Election on April 19,
2017
3. Demerit Framework and Workplace Wellness @CIMB
4. Internal Audit of CIMB Niaga Q1, 2017 performance review and 2017 initiatives:
Foundation for 2018-2020 Road Map 5. RBB Realization in Q I, 2017
6. T18 In-Country Project Progress update and approval of membership 7. IDR NCD and Shelf Registration Bond (PUB) II, Phase II Issuance
8. Annual General Shareholder Meeting (AGM) Extraordinary General Shareholder Meeting (EGM) ; Press Conference BUKU IV
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
12 2 May 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Manual MIS Report Management
3. Be the 1st Sharia Ambassador - Survey Result 4. Strategic Risk Framework - GMC Update 5. Final tax assessment
6. Consolidated financial performance as of April 2017 2. Wan Razly Abdullah
3. Megawati Sutanto 4. Vera Handajani 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Hedy Lapian 9. Pandji Djajanegara
13 16 May 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Financial Information Service System (SILK)
3. Benchmarking Top 10 Banks 4. Revised RBB 2017 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
No Meeting Date Meeting Participant Agenda
14 23 May 2017 1. Tigor M. Siahaan Government Regulation in Lieu of Law No 1/2017 - Access to Financial Information for Tax Interests
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 Djajanegara
15 30 May 2017 1. Tigor M. Siahaan 1. Others 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Pandji Djajanegara
16 6 June 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. The Use of External (Public Appraisers) and Internal Appraisal 3. Revised RBB 2017
4. Update Delegation of Authority (DoA) 2017 5. Consolidated financial performance as of May 17 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 Djajanegara
17 13 June 2017 1. Tigor M. Siahaan 1. Internal Audit Summary as of May 2017
2. Request for approval of branch readiness for Lebaran Holiday 1438H 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Vera Handajani 5. John Simon 6. Fransiska Oei 7. Hedy Lapian 8. Pandji P. Djajanegara
18 20 June 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Extraordinary General Meeting of Shareholders
3. Compliance with Periodic Monitoring Review, 2017
4. Socialization of SEBI No.18/23/DSta concerning monitoring of foreign exchange activities of banks and customers
5. Sharia Banking update:
a. UUS Spin-off Roadmap and Capital Addition Proposal
b. Use of Religious Courts as a forum for settlement of disputes of Sharia Financial Institutions
6. Recovery Plan
7. ATM installation & monitoring process improvement 8. Mobile Office Apps
9. Others
a. Revised RBB 2017 b. Payment System Project 2. Wan Razly Abdullah
3. Rita Mas’Oen 4. Megawati Sutanto 5. John Simon 6. Lani Darmawan 7. Fransiska Oei 8. Hedy Lapian 9. Pandji Djajanegara
No Meeting Date Meeting Participant Agenda 19 11 July 2017 1. Wan Razly Abdullah 1. Update on Microfinance Asset Sales
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
20 20 July 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Risk Profile Q2, 2017 & RBBR H1,2017
3. Forecast & 3 Year Target
4. Internal Audit of CIMB Niaga Q2,, 2017 Performance Review 5. Realization of RBB of Q2, 2017
6. ‘Shelter Our Home’ in Kuala Lumpur 7. Update on Microfinance Asset Sales 8. Halal Bi Halal CIMB Niaga 1438H 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
21 1 August 2017 1. Tigor M. Siahaan 1. Confirmation of the Minutes of the previous Board of Directors Meeting 2. Senior Bond Issuance PUB II Phase II, 2017
3. Integrated Risk Profile of CIMB Indonesia as of June 2017 4. Integrated Capital Adequacy Assessment of CIMB Indonesia
5. Framework for tagging and recognizing cross selling between Business &
Consumer Banking 6. Product Codes Management 7. Strategic Risk Framework
8. Approval on T18 In-Country project benefit & timeline 9. Talent Management Framework
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
22 8 August 2017 1. Tigor M. Siahaan 1. July 2017 Consolidated Financial Statements 2. Material Drafts for BNM
3. Update the process and approval of micro finance asset sales 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