Executive Summary

Key insights and market outlook

PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR) has appointed Ayi Subarna as Acting CEO following the sudden passing of former CEO Yusuf Saadudin on November 14, 2025 ¹

³. The appointment, effective for six months or until a definitive CEO is appointed, was made through a board resolution dated November 15, 2025. Ayi, currently Director of Operations and Information Technology, brings extensive experience in banking operations, network management, and digital transformation.

Full Analysis

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Deep Dive Analysis

Bank BJB Appoints Ayi Subarna as Acting CEO Following Yusuf Saadudin's Passing

Smooth Leadership Transition Ensured

PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR), commonly known as Bank BJB, has announced the appointment of Ayi Subarna as Acting CEO following the sudden passing of former CEO Yusuf Saadudin on November 14, 2025 ¹

³. The decision was made through a board resolution (No. 0565/SK/DIR-CSE/2025) dated November 15, 2025, ensuring continuity in the bank's operations.

Ayi Subarna's Background and Experience

Ayi Subarna, currently serving as Director of Operations and Information Technology at Bank BJB, brings extensive experience in various aspects of banking operations. His career highlights include having led several branch offices, such as the Jatinangor Branch (2019–2021), Cimahi Branch (2021–2023), and Soreang Branch (2023–2024) ²

. Additionally, he served as the Head of Corporate Secretary Division from 2024 to 2025, demonstrating his capabilities in strategic communication and corporate governance.

Operational Continuity and Strategic Direction

The bank has assured that all services and operational activities will continue normally under the coordination of the current management team. Corporate Secretary Herfinia emphasized the bank's commitment to providing official information through verified corporate communication channels ¹

. The leadership transition is seen as a strategic move to maintain stability and ensure the continuation of the bank's transformation agenda.

Market and Stakeholder Implications

As a publicly listed company, Bank BJB has duly informed the Financial Services Authority (OJK) and the Indonesia Stock Exchange (BEI) about the leadership change, adhering to regulatory requirements ²

. The appointment of Ayi Subarna is expected to provide continuity in the bank's strategic direction, particularly in digital transformation and regional development initiatives.

References