PT Bank Central Asia Tbk (“BCA” or “the Company”) held its Annual General Meeting of Shareholders (AGM) at Menara BCA Grand Indonesia, Jakarta, on 12/03. The meeting was conducted physically and electronically using PT Kustodian Sentral Efek Indonesia’s eASY.KSEI platform.

The AGM approved BCA’s annual report, including financial statements and the supervisory report of the Board of Commissioners for the fiscal year ending 31 December 2025. Shareholders granted full release of responsibility (acquit et de charge) to the Board of Directors and Board of Commissioners for their management and oversight during the period.

Cash Dividend Distribution and Profit Allocation

BCA reported a net profit of IDR 57.5 trillion for 2025. Shareholders approved a cash dividend of IDR 336.00 per share, equal to 72% of net profit. This includes an interim dividend of IDR 55.00 per share already paid on 22/12/2025. The remaining IDR 281.00 per share will be paid on a date set by the Board.

The Board also informed that, if financial conditions allow, BCA may distribute up to three interim dividends in 2026, planned per quarter, with approval from the Board of Commissioners.

Executive Compensation and Governance Decisions

The AGM authorized the Board of Commissioners to determine salaries, allowances, and benefits for directors for 2026 until the end of their term. Majority shareholders were empowered to set honorariums, allowances, and other compensation for commissioners and approve the distribution of tantiem (bonuses) for 2025.

Appointment of Auditors and Share Buyback Program

Shareholders approved the appointment of Rintis, Jumadi, Rianto, & Rekan, a member of PwC global network (“PwC Indonesia”), as the Company’s public accountant, and Eddy Rintis as the public accountant for auditing BCA’s 2026 financial statements.

The AGM also approved a share buyback program of up to IDR 5 trillion. Changes to the Company’s Articles of Association were approved to align with applicable laws, granting the Board authority to recompile and restate all provisions.

Board of Commissioners and Directors Appointments

The AGM confirmed the terms of the Board of Commissioners and Directors until the next AGM in 2029, without limiting shareholders’ rights to dismiss members at any time.

Board of Commissioners:

• President Commissioner: Jahja Setiaatmadja
• Commissioner: Tonny Kusnadi
• Independent Commissioners: Raden Pardede, Sumantri Slamet

Board of Directors:

• President Director: Hendra Lembong
• Vice Presidents: Armand Wahyudi Hartono, John Kosasih
• Directors: Subur Tan, Lianawaty Suwono, Santoso, Vera Eve Lim, Haryanto Tiara Budiman, Frengky Chandra Kusuma, Antonius Widodo Mulyono, Hendra Tanumihardja, David Formula

The AGM expressed gratitude to outgoing Independent Commissioner Cyrillus Harinowo and Director Rudy Susanto. David Formula was appointed Director of Information Technology after passing the OJK fit and proper test (KEPR-11/D.03/2026, 13/02/2026).

Strategic Outlook for 2026

President Director Hendra Lembong expressed appreciation for support from stakeholders, including the government, regulators, and authorities throughout 2025. He highlighted that BCA’s solid performance enabled a 12% increase in cash dividends compared to 2024.

“We are optimistic that the domestic economy will continue positive growth in 2026, despite global economic and geopolitical challenges. BCA will support Indonesia’s economic momentum by distributing credit prudently across sectors. Today’s AGM decisions reflect our commitment to sustainable shareholder value and business fundamentals,” said Hendra Lembong.

PHOTO: BCA

This article was created with AI assistance.

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