PT Bank Mandiri (Persero) Tbk (BMRI) has officially appointed Riduan as the new President Director during an Extraordinary General Meeting of Shareholders (RUPSLB) held on Monday, August 4, 2025. He replaces Darmawan Junaidi, who has held the position since 2020.

According to Kompas.com, the meeting approved several structural changes, including the appointment of Zulkifli Zaini as an Independent Commissioner. Zaini is a former President Director of Bank Mandiri and PLN.

Also named was Henry Panjaitan as Vice President Director, previously serving as Director of Guarantees at PT Jamkrindo.

Timothy Utama was appointed Director of Operations, replacing Toni EB Subari. Sunarto Xie now fills Timothy's previous position as Director of Information Technology.

Corporate Secretary Ashidiq Iswara stated that this reshuffle is part of the company’s strategy to enhance governance and leadership continuity in response to industry developments.

“This change is part of Bank Mandiri’s long-term strategy to strengthen the organizational structure, increase cross-functional synergy, and accelerate strategic decision-making to support business transformation and contribute to a people-based economy,” said Ashidiq in a written statement.

Riduan’s Career Journey

Riduan joined Bank Mandiri in 1999 and has held various leadership roles. From 2016 to 2017, he served as Regional CEO II Sumatera, overseeing expansion and business development in key areas.

In January 2019, he was appointed Director of Commercial Banking, responsible for financing the national mid-market segment. In 2024–2025, he moved into the role of Director of Corporate Banking, handling large corporate clients.

Riduan became Vice President Director following the Annual General Meeting on March 25, 2025, replacing Alexandra Askandar. Four months later, shareholders elevated him to the top leadership position.

From 2013 to 2016, he served outside the bank as Director of Finance and Investment at BPJS Kesehatan. He holds undergraduate and graduate degrees from Universitas Sriwijaya, Palembang, where he was born in 1970.

Ashidiq emphasized that the leadership adjustment is aimed at keeping the organization responsive to economic policy directions and industry challenges.

Official List of New Board of Commissioners and Directors

Board of Commissioners:

• President Commissioner/Independent: Kuswiyoto
• Vice President Commissioner/Independent: Zainudin Amali
• Commissioner: Muhammad Yusuf Ateh
• Commissioner: Luky Alfirman*
• Commissioner: Yuliot*
• Independent Commissioner: Mia Amiati*
• Independent Commissioner: Zulkifli Zaini*

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*

(*Appointees marked with an asterisk await approval from the Financial Services Authority (OJK) after completing the Fit and Proper Test and fulfilling applicable legal regulations.)

PHOTO: INFOBANKNEWS/ERMAN SUBEKTI

This article was created with AI assistance.