BOC Committees

Audit Committee (AC)

  • Audit Committee Charter
  • Audit Committee Membership Composition in 2020

    No. Name Position in Bank Position in the Committee Term of Office
    1. Jeffrey Kairupan Independent Commissioner Chairman concurrently as Member 2020 - 2024
    2. Endang Kussulanjari S. Independent Party Member 2020 - 2024
    3. Ronald T. A. Kasim Independent Party Member 2020 - 2024

  • Qualifications & Profile of Audit Committee’s Members

    Member's Profile Career & Educational Background

    Jeffrey Kairupan
    Chairman concurrently as Member
    Appointed as the Chairman of Audit Committee since 1 January 2019 and concurrently acting as Chairman of Risk Oversight Committee.

    He also serves as Independent Commissioner of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles.

    Endang Kussulanjari S.
    Member

    Appointed as Member of Audit Committee since 9 April 2020 and concurrently acting as the Member of Integrated Governance Committee.

    Age

    :

    63 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • Master of Arts, University of Colorado, Boulder, Colorado – USA (1987)

    • Bachelor of Economics from University of Gadjah Mada, Yogyakarta, Indonesia (1981)

    Work Experience

    :
    • Deputy Commissioner AIMRPK in Otoritas Jasa Keuangan (April 2015 – Mei 2016)

    • Deputy Commissioner DKB2 in Otoritas Jasa Keuangan (January 2014 – March 2015)

    • Head of Department in DPB2 in Bank Indonesia (August 2008- April 2013)

    Other Positions

    :
    • Commissioner at PT Pefindo Credit Bureau (2016 - present)

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders


    Ronald T. A. Kasim
    Member

    Appointed as Member of the Audit Committee since 20 April 2020

    Age

    :

    53 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • Doctor of Philosophy (PhD) in Leadership and Policy Innovation from University of Gadjah Mada (UGM) – Yogyakarta, Indonesia (2019)

    • Master of Business Administration (MBA) – Business Administration & Management from Creighton University - Omaha, Nebraska, USA (1994)

    • Bachelor of Science in Business Administration, majoring in Finance (BSBA) Management from Creighton University - Omaha, Nebraska, USA (1992)

    Work Experience

    :
    • President Director PT Pefindo Biro Kredit (PBK) – Jakarta, Indonesia (2015 – 2017)

    • President Director PT Pemeringkat Efek Indonesia (PEFINDO) – Jakarta, Indonesia (2010 – 2015)

    • Senior Vice President – Strategic Information Management PT Permata Bank Tbk – Jakarta, Indonesia (2009 – 2010)

    • Project Manager – FERMAT Risk Management Products Fermat (a business unit of Moody Analytics) – Paris, Dubai, Singapore (2007 – 2009)

    • Senior Risk Management Consultant – Banking Risk Product IPS-Sendero (a business unit of Fiserv, Inc.) – Scottsdale, AZ, USA (2004 – 2007)

    • Finance Officer and Head of Financial Strategic Group First National Capital Markets, Inc. – Omaha, NE, USA (2001 – 2004)

    • Lead Financial Analyst of Asset-Liability Management Group First National Bank of Omaha – Omaha, NE, USA (1999 – 2001)

    • Head of Financial Institution Ratings Division PT Pemeringkat Efek Indonesia (PEFINDO) – Jakarta, Indonesia (1994 – 1998)

    Other Positions

    :
    • Country Director PT Trusting Social Indonesia – Jakarta, Indonesia (2017 – present)

    • Director PT Trust Teknologi Finansial (TrustIQ) – Jakarta, Indonesia (2017 – present)

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders

Risk Oversight Committee (ROC)

  • Risk Oversight Committee Charter
  • Risk Oversight Committee Membership Composition in 2020

    No. Name Position in Bank Position in the Committee Term of Office
    1. Jeffrey Kairupan Independent Commissioner Chairman concurrently as Member 2020 - 2024
    2. Didi Syafruddin Yahya President Commissioner Member 2019 - 2023
    3. Glenn Muhammad Surya Yusuf Vice President Commissioner (Independent) Member Until 2024
    3. David Richard Thomas Commissioner Member 2020 - 2022
    4. Firmanzah Independent Party Member 2020 - 2024
    5. Sri Indrastuti (Tuti) S. Hadiputranto Independent Party Member 2020 - 2024

  • Qualifications & Profile of Risk Oversigth Committee’s Members

    Member's Profile Career & Educational Background

    Jeffrey Kairupan
    Chairman concurrently as Member
    Appointed as the Chairman of Risk Oversight Committee since 17 June 2020 and concurrently acting as the Chairman of the Audit Committee.

    He also serves as the Company's Independent Commissioner.

    The complete profile is available in the Board of Commissioners’ Profiles.

    Didi Syafruddin Yahya
    Member
    Appointed as Member of Risk Oversight Committee since May 2020 and concurrently acting as Member of the Nomination and Remuneration Committee.

    He also serves as President Commissioner of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles

    Glenn Muhammad Surya Yusuf
    Member
    Appointed as Member of Risk Oversight Committee since May 2020 and concurrently acting as Member of the Nomination and Remuneration Committee.

    He also serves as the Vice President Commissioner (Independent) of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles.

    David Richard Thomas
    Member
    Appointed as Member of the Risk Oversight Committee since November 2014 and reappointed on 15 April 2016 and 9 April 2020.

    He also serves as Commissioner of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles

    Firmanzah
    Member

    Appointed as Member of the Risk Oversight Committee since April 2016 and reappointed on 9 April 2020.

    Age

    :

    43 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • PhD in Strategic & International Management from the University of Pau et Pays de l’Adour, France (2015).

    • Master of Philosophy from University of Science and Technology of Lille 1, France (2002).

    • MBA degree from University of Pierre Mendes-Grenoble II, France and Master of Management (2001).

    • Bachelor of Economics from University of Indonesia (1998)

    Work Experience

    :
    • Commissioner of PT. Perusahaan Gas Negara (PGN) (2012-2015)

    • Special Staff of the President of RI in Economic and Development (2012-2014)

    • President Commissioner of PT. Rajawali Nusantara (RNI) (2012 -2013)

    • Independent Commissioner of CIMB-Asset Principal Indonesia (2012)

    • Member of the Advisory Council of the Minister of Fisheries and Maritime Affairs of the RI (2012-2013)

    • Indonesian Advisory Council for Public Policy Studies (ICPPS) (2011-2012)

    Other Positions

    :
    • Independent Commissioner of PT Bakrie & Brothers (2018 – present)

    • Member of Index SMInfra 18 Committee of PT. Sarana Multi Infrastruktur (SMI) (2015-present)

    • Rector of Paramadina University (2015-present)

    • Professor of the Faculty of Economics and Business of University of Indonesia (2010-present)

    • Permanent Lecture of the Faculty of Economics and Business of University of Indonesia (2005-present)

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders


    Sri Indrastuti (Tuti) S. Hadiputranto
    Member

    Appointed as Member of the Risk Oversight Committee since July 2016 and reappointed on 9 April 2020.

    Age

    :

    76 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • Law Degree from the University of Indonesia (1970)

    • Master of Laws from the University of Washington (1981).

    Work Experience

    :
    • One of the founding partners of Hadiputranto, Hadinoto & Partners, the largest Law Firm in Indonesia, a member of the Baker & McKenzie International Law Firm. Became an International Partner (1989 – 2016).

    • Member of the Board of Commissioner of the Indonesian Stock Exchange (“IDX”) for the period of 2001-2004. Furthermore, for more than a decade, she has been a member of various committees in IDX with the most recent position as a member of the Discipline Committee.

    Other Positions

    :
    • Senior Advisor of GT Group (2016 – present).

    • President Commissioner of PT Bali Turtle Island Development (2017 – present).

    • Independent Commissioner of PT Astra International Tbk (2018 – present).

    • Senior Advisor of PT Morgan Stanley Indonesia (2016 – present)

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders

Nomination & Remuneration Committee (NRC)

  • Nomination & Remuneration Committee Charter
  • Nomination and Remuneration Committee Membership Composition in 2020

    No. Name Position in Bank Position in the Committee Term of Office
    1. Sri Widowati Independent Commissioner Chairman concurrently as Member 2020 - 2023
    2. Glenn M.S. Yusuf Vice President Commissioner (Independent) Member 2020 - 2024
    3. Didi Syafruddin Yahya President Commissioner Member 2019 - 2023
    4. Joni Raini Executive Officer in charge of HR Secretary concurrently Member 2020 - 2024

  • Qualifications & Profiles of Nomination and Remuneration Committee’s Members

    Member's Profile Career & Educational Background

    Sri Widowati
    Chairman concurrently as Member
    Appointed as Chairman of Nomination and Remuneration Committee since 9 April 2020 and concurrently acting as Chairman of the Integrated Governance Committee.

    She also serves as Independent Commissioner of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles.

    Didi Syafruddin Yahya
    Member
    Appointed as Member of Nomination and Remuneration Committee since 26 November 2019 and concurrently acting as Member of Risk Oversight Committee.

    He also serves as President Commissioner of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles.

    Glenn Muhammad Surya Yusuf
    Member
    Appointed as Member of the Nomination and Remuneration Committee since 9 April 2020 and concurrently acting as Member of the Risk Oversight Committee.

    He also serves as Vice President Commissioner (Independent) of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles.

    Joni Raini
    Secretary concurrently Member
    Appointed as Secretary of the Nomination and Remuneration Committee since 2015 and reappointed on 15 April 2016 and 9 April 2020.

    He is the Executive Officer in charge of Human Resources.

    The complete profile is available in the Senior Executive’s Profiles

Integrated Governance Committee (IGC)

  • Integrated Governance Committee Charter
  • Member of CIMB Indonesia Financial Conglomerate

    1. PT Bank CIMB Niaga Tbk as Main Entity

    2. PT CIMB Niaga Auto Finance

    3. PT CIMB Niaga Sekuritas

  • Integrated Governance Committee Composition in 2020

    No. Name Position in the FSI as Member of the CIMB Indonesia Financial Conglomeration Position in the Committee Term of Office
    1. Sri Widowati Independent Commissioner Chairman concurrently as Member 2020 - 2023
    2. Endang Kussulanjari S. Independent Party Member 2020 - 2024
    3. Serena K. Ferdinandus Independent Commissioner of CIMB Niaga Auto Finance Member 2020 - 2021
    4. Dr. Yulizar Djamaluddin Sanrego, M.Ec. Sharia Supervisory Board of CIMB Niaga Member 2019 - 2023
    5. Achiran Pandu Djajanto Independent Commissioner of CIMB Niaga Sekuritas Member 2019 - 2022


  • Qualifications & Profiles of Integrated Governance Committee’s Members

    Member's Profile Career & Educational Background

    Sri Widowati
    Chairman concurrently as Member
    Appointed as the Chairman Integrated Governance Committee. Committee since 17 June 2020 and concurrently acting as the Chairman of Nomination and Remuneration.

    She also serves as Independent Commissioner of the Bank.

    The complete profile is available in the Board of Commissioners’ Profiles.

    Endang Kussulanjari S.
    Member

    Appointed as Member of the Integrated Governance Committee since April 2016 and reappointed on 9 April 2020. She is concurrently acting as the Member of the Audit Committee.

    Age

    :

    63 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • Master of Arts, University of Colorado, Boulder, Colorado – USA (1987)

    • Bachelor of Economics from University of Gadjah Mada, Yogyakarta, Indonesia (1981)

    Work Experience

    :
    • Deputy Commissioner AIMRPK in Otoritas Jasa Keuangan (April 2015 – Mei 2016)

    • Deputy Commissioner DKB2 in Otoritas Jasa Keuangan (January 2014 – March 2015)

    • Head of Department in DPB2 in Bank Indonesia (August 2008- April 2013)

    Other Positions

    :
    • Commissioner at PT Pefindo Credit Bureau (2016 - present)

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders


    Serena K. Ferdinandus
    Member

    Appointed as Member of the Integrated Governance Committee since March 2015 and reappointed on 15 April 2016 and 9 April 2020.

    Age

    :

    60 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • Bachelor of Economics from University of Indonesia (1986)

    Work Experience

    :
    • Commissioner at PT Anpa Internasional (2012 – 2018)

    • Audit Committee member at PT Elnusa Tbk (2015 – 2016)

    • Audit Committee member at PT Chandra Asri Petrochemical Tbk (2009 – 2015)

    • Audit Committee member at PT Barito Pacific Tbk (2009 – 2013)

    • Senior Vice President Investment Banking Division at PT NC Securities (2002 – 2009)

    • Vice President Investment Banking Division and Direct Investment Division at PT Danareksa (Persero) and PT Danareksa Finance (1996 – 2001)

    • Manager Audit Division at Ernst & Young, Sarwoko & Sandjaja in Indonesia (1986 – 1995) and Ernst & Young, Dallas.

    Other Positions

    :
    • Risk Management Committee member at PT Elnusa Tbk (2016 - present)

    • Independent Commissioner and Audit Committee Chairman at PT CIMB Niaga Auto Finance (2012 - present)

    • Audit Committee member at PT Blue Bird Tbk (2014 – present)

    • Chief Audit Executive (Internal Audit & Risk Management Head) at PT Ithaca Resources (2009 - present)

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders


    Dr. Yulizar Djamaluddin Sanrego, M.Ec.
    Member
    Appointed as Integrated Governance Committee member since March 2015 and reappointed on 15 April 2016 and 15 April 2019.

    He also serves as the Sharia Supervisory Board in the CIMB Niaga Sharia Business Unit.

    The complete profile is available in the Sharia Supervisory Board’s Profile

    Achiran Pandu Djajanto
    Member

    Appointed as Member of the Integrated Governance Committee since 7 August 2019.

    Age

    :

    61 years old

    Nationality

    :

    Indonesian

    Domicile

    :

    Jakarta

    Education

    :
    • Bachelor of Law from University of Gadjah Mada (1983)

    • Magister of Manajemen from Enterpreneur Development Institute (1997)

    • Phd in Law from University of Gadjah Mada (2015)

    Work Experience

    :
    • Compliance and Risk Management Director of PT Jasa Marga (Persero) Tbk. (2015-2016)

    • Expert Staff of the Minister of SOEs for Governance and Synergy (2014- 2015)

    • Expert Staff of the Minister of SOEs for Human Resources and Technology (2014–2015)

    • Deputy for Strategic Planning and Restructuring (2013–2014)

    • Expert Staff of the Minister of SOEs for Corporate Governance (2010–2013).

    Other Positions

    :
    • Independent Commissioner of PT CIMB Niaga Sekuritas since 2018

    Shareholding

    :

    Nil

    Affilated Relations

    :

    Has no affiliations with other members of the Committee, members of the Board of Commissioners, members of the Board of Directors, or the Majority and Controlling Shareholders