Indonesian Political, Business & Finance News

Bank Jatim (BJTM) Declares Dividend of Rp850 Billion and Restructures Management

| Source: CNBC Translated from Indonesian | Banking
Bank Jatim (BJTM) Declares Dividend of Rp850 Billion and Restructures Management
Image: CNBC

Jakarta, CNBC Indonesia - PT Bank Pembangunan Daerah Jawa Timur Tbk. (BJTM), or Bank Jatim, has agreed to distribute dividends for the 2025 fiscal year amounting to Rp850.17 billion, or Rp56.62 per share. The decision was made at the Annual General Meeting of Shareholders (AGMS) for the 2025 fiscal year, held in the Bromo Room at Bank Jatim’s Head Office in Surabaya on Wednesday (6/5/2026).

The dividend distribution equates to 55% of the 2025 net profit of Rp1.54 trillion. This year’s dividend value is also higher than the previous year’s dividend of Rp54.71 per share.

During the meeting, BJTM shareholders also approved changes to the management structure. In the board of directors, Bank Jatim appointed Andry Wicaksono as Director of Risk Management.

Moh. Nasih, previously serving as a Member of the Sharia Supervisory Board, was appointed as Independent Commissioner at the 2025 Fiscal Year AGMS. The position of Member of the Sharia Supervisory Board is now filled by Abdullah Syamsul Arifin.

Thus, based on the results of the 2025 Fiscal Year AGMS, the composition of the Board of Commissioners, Sharia Supervisory Board, and Board of Directors of Bank Jatim following the AGMS is as follows:

Independent Chief Commissioner: Adi Sulistyowati

Commissioner: Adhy Karyono

Independent Commissioner: Muhammad Mas’ud

Independent Commissioner: Dadang Setiabudi

Independent Commissioner: Asri Agung Putra

Prospective Independent Commissioner: Moh. Nasih

President Director: Winardi Legowo

Vice President Director: R. Arief Wicaksono

Director of Retail & Sharia: Tonny Prasetyo

Compliance Director: Umi Rodiyah

Finance & Treasury Director: RM Wahyukusumo Wisnubroto

Director of Middle Market, Corporate, and Institutional: Arif Suhirman

Director of Information Technology, Digital & Operations: Wiweko Probojakti

Prospective Director of Risk Management: Andry Wicaksono

Chairman of the Sharia Supervisory Board: KH Afifuddin Muhajir

Member of the Sharia Supervisory Board: Tamhid Masyhudi

Prospective Member of the Sharia Supervisory Board: Abdullah Syamsul Arif

The AGMS was attended in person by the Governor of East Java, Khofifah Indar Parawansa, representing the East Java Provincial Government as the controlling shareholder, along with the entire board of commissioners, Sharia supervisory board, and board of directors of Bank Jatim.

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