Bank Banten Director Resigns: Analysis and Impact

Background of Resignation

PT Bank Pembangunan Daerah Banten (Perseroda) Tbk., known as Bank Banten (BEKS), has announced the resignation of its Director of Business, Bambang Widyatmoko, effective November 19, 2025. The bank confirmed that the resignation was received by management on the same date. The decision regarding his resignation will be made during a General Meeting of Shareholders in accordance with prevailing regulations.

Professional Background of Bambang Widyatmoko

Bambang Widyatmoko, who served as Director of Business at Bank Banten, has a rich background in banking. Previously, he held various strategic positions, including Director of Operations at Bank Banten following his approval from the Financial Services Authority (OJK) in January 2023. Before joining Bank Banten, he held key roles at PT Bank Bukopin Tbk, including Head of Commercial Credit Division (2017-2018), General Manager Regional II (2018-2019), and General Manager Regional IV (2019-2020).

Impact Assessment

Bank Banten management has assured stakeholders that Bambang Widyatmoko's resignation will not have any material impact on the bank's operations, legal standing, financial condition, or business continuity. The bank emphasized that all activities will proceed normally despite the change in leadership.

Corporate Governance Implications

The resignation highlights the importance of corporate governance practices in Indonesian banking. As a publicly listed company (BEKS), Bank Banten must adhere to strict regulatory requirements and maintain transparency in its operations and leadership changes. The upcoming General Meeting of Shareholders will be crucial in determining the future of this leadership position.