Indonesian Political, Business & Finance News

No Changes Made: Here is the Composition of Bank Mandiri's Board of Commissioners and Directors

| Source: CNBC Translated from Indonesian | Banking
No Changes Made: Here is the Composition of Bank Mandiri's Board of Commissioners and Directors
Image: CNBC

PT Bank Mandiri (Persero) Tbk. (BMRI) has decided to reorganise its management structure once again. This decision was approved at the Annual General Meeting of Shareholders (AGMS) held today, Wednesday (29/4/2026) at 14:00 WIB.

The management change was the tenth and final agenda item of the AGMS. Before that agenda was discussed, the meeting was adjourned for nearly two hours, until 18:55 WIB.

The state-owned bank agreed to dismiss Timothy Utama as Director of Operations and reappoint him to the same position. On the board of commissioners, the shareholders decided to dismiss Muhammad Yusuf Ateh as commissioner.

This change in Bank Mandiri’s management is the fourth in the era of the new government. State-owned banks, including Bank Mandiri as part of the Himbara group, held their Annual General Meetings of Shareholders in the last week of March 2025. In addition to approving the distribution of dividends for the 2025 fiscal year, these state-owned banks reorganised their management structures.

In August 2025, the bank with the golden ribbon logo held an Extraordinary General Meeting of Shareholders (EGMS) and agreed to appoint a new president director. Then, in the December EGMS, Bank Mandiri appointed a new president commissioner.

Thus, the latest management composition of Bank Mandiri is as follows:

Board of Commissioners

President Commissioner/Independent: Zulkifli Zaini

Vice President Commissioner: M. Rudy Salahuddin Ramto*

Independent Commissioner: B. Bintoro Kunto Pardewo

Commissioner: Luky Alfirman

Commissioner: Yuliot

Independent Commissioner: Mia Amiati

Board of Directors

President Director: Riduan

Vice President Director: Henry Panjaitan

Director of Operations: Timothy Utama*

Director of Information Technology: Sunarto Xie

Director of Human Capital & Compliance: Eka Fitria

Director of Risk Management: Danis Subyantoro

Director of Commercial Banking: Totok Priyambodo

Director of Corporate Banking: M. Rizaldi

Director of Consumer Banking: Saptari

Director of Network & Retail Funding: Jan Winston Tambunan

Director of Treasury & International Banking: Ari Rizaldi

Director of Finance & Strategy: Novita Widya Anggraini

*effective after obtaining OJK approval for the Assessment of Capability and Propriety

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