Indonesian Political, Business & Finance News

KB Bank Appoints New Deputy Chief Commissioner and Two Board Directors

| Source: CNBC Translated from Indonesian | Business
KB Bank Appoints New Deputy Chief Commissioner and Two Board Directors
Image: CNBC

PT Bank KB Indonesia Tbk (BBKP), known as KB Bank, held an Extraordinary General Shareholders’ Meeting (EGSMRA) on Thursday, 12 March 2026 in Jakarta.

At the meeting, shareholders approved several strategic agenda items, including changes to the composition of the board of commissioners and board of directors as part of strengthening corporate governance and accelerating business transformation at KB Bank.

In this agenda, the EGSMRA approved the resignation of Seng Hyup Shin as deputy chief commissioner of the company, effective upon closure of the meeting. The EGSMRA also approved the appointment of Tae Doo Kwon as deputy chief commissioner of the company.

Tae Doo Kwon previously served as Head of Global Growth Support Division at KB Kookmin Bank. Prior to this, he also served as Managing Director of Global Business Group and General Manager of Global Planning Department at KB Kookmin Bank.

Additionally, the EGSMRA also approved the appointment of two new board members: Ju Hwan Yi and Yungki Prabowo.

Ju Hwan Yi has experience in risk management, including serving as Executive Vice President and Chief Risk Officer at KB Prasac Bank Cambodia. Meanwhile, Yungki Prabowo previously served as Technology and Operations Director and Chief Technology Officer at Bank ANZ Indonesia.

Their appointments become effective once confirmed by the company after meeting all requirements set out in Financial Services Authority Regulation Number 27/POJK.03/2016 regarding the assessment of competence and suitability for key personnel of financial services institutions, and/or other applicable legislation, as well as Financial Services Authority Regulation Number 37/POJK.03/2017 concerning the utilisation of foreign workers and knowledge transfer programmes in the banking sector.

KB Bank Chief Executive Officer Kunardy Darma Lie stated that this strengthening of the leadership structure is a strategic step to ensure the continuity of the bank’s transformation.

“This change in management composition is part of our commitment to continuously strengthen corporate governance, risk management, and digital transformation on an ongoing basis. With a combination of global experience and strong local capabilities, we are confident that KB Bank can continue its transformation momentum and strengthen healthy and sustainable growth,” Kunardy said.

As a result, the composition of KB Bank’s Board of Commissioners and Board of Directors is as follows:

Board of Commissioners

  • Chief Commissioner: Jerry Marmen

  • Deputy Chief Commissioner: Tae Doo Kwon

  • Independent Commissioner: Stephen Liestyo

  • Independent Commissioner: Hae Wang Lee

Board of Directors

  • Chief Executive Officer: Kunardy Darma Lie

  • Director: Robby Mondong

  • Director: Dodi Widjajanto

  • Director: Henry Sawali

  • Director: Jung Ho Han

  • Director: Jang Hyuk Im

  • Director: Widodo Suryadi

  • Director: Ju Hwan Yi

  • Director: Yungki Prabowo

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