Darmawan Junaidi Named Permanent Mandiri MD, Riduan Replaces Alexandra

by Archynetys Economy Desk

Bank Mandiri Announces Leadership Reshuffle at Annual General Meeting


Strategic Leadership Changes at Bank Mandiri

In a significant move signaling a new chapter, Bank Mandiri, one of Indonesia‘s leading financial institutions, unveiled a series of key leadership changes during its Annual General Meeting of Shareholders (AGM) held in Jakarta today. The reshuffle impacts both the Board of Directors and the Board of Commissioners, reflecting the bank’s strategic vision for the future.

New Appointments to Drive Growth

A pivotal change sees Riduan stepping into the role of Deputy President Director, succeeding Alexandra Askandar. Riduan’s prior experience as Director of Corporate Banking positions him well to contribute to the bank’s strategic objectives. Furthermore, Mochamad Rizaldi has been appointed as the new Director of Corporate banking. Ari Rizaldi assumes the position of Director of Treasury & International Banking, while Novita takes on the role of Finance Director, adding fresh perspectives to the executive team.

Departures and Recognition of Service

the AGM also involved the dismissal of several directors, including Agus Dwi Handaya (Director of Compliance and HR), Aquarius Rudianto (Netal banking Director and Retail Banking), Toni EB Subari (Director), Rohan Hafas (Institutional Relations Director), and Sigit Prastowo (Finance and Strategy director). These changes reflect the evolving needs of the association and the strategic direction it is indeed pursuing.

Changes in the Board of Commissioners

Significant shifts also occurred within the Board of Commissioners. M. Chatib Basri has been replaced by Kuswiyoto as President Commissioner/Independent. Rionald Silaban, Faried Utomo, Tedi Bharata, and Arief Budimanta have also departed from their roles as commissioners. Loeke Larasati Agoestina, Muliadi Rahardja, and Heru Kristiyana have stepped down from their positions as Independent Commissioners.

New Faces on the Supervisory Board

The bank welcomes Mia Amiati as an Independent Commissioner, Yuliot as a Commissioner, and Luky Alfirman as a Commissioner. These appointments bring diverse expertise and perspectives to the supervisory board, enhancing its ability to guide Bank Mandiri’s strategic direction.

Revised Leadership Structure

The AGM resulted in the following composition of the Board of Commissioners and Directors:

board of Commissioners

  1. President Commissioner/Independent: kuswiyoto
  2. Deputy Commissioner of the President/Independent: Zainudin Amali
  3. commissioner: Muhammad Yusuf Ateh
  4. Commissioner: Luky Alfirman
  5. Commissioner: Yuliot
  6. Independent Commissioner: Mia Amiati

Board of Directors

  1. President Director: Darmawan Junaidi
  2. Deputy President Director: Riduan
  3. Director of Operations: Toni Eb Subari
  4. Director of Information Technology: Timothy Utama
  5. Director of Human Capital & Compliance: Eka Fitria
  6. Director of Risk Management: Danis Subyantoro
  7. Director of Commercial Banking: Totok Priyambodo
  8. Director of Corporate Banking: M. Rizaldi
  9. Director of Consumer Banking: Saptari
  10. Director of Network & Retail Funding: Jan Winston Tambunan
  11. Director of Treasury & International Banking: Ari Rizaldi
  12. Finance & Strategy Director: Novita Anggraini

Industry Context and Future Outlook

These leadership changes come at a time of significant transformation in the Indonesian banking sector. According to recent data from Bank Indonesia,the sector is experiencing rapid growth in digital banking and a heightened focus on lasting finance. Bank Mandiri’s reshuffle appears to be strategically aligned with these trends, positioning the bank to capitalize on emerging opportunities and navigate the evolving landscape.

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