Bank Mandiri Restructures Leadership: Zulkifli Zaini Appointed as New President Commissioner
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PublishedDec 20
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Bank Mandiri Restructures Leadership: Zulkifli Zaini Appointed as New President Commissioner

AnalisaHub Editorial·December 20, 2025
Executive Summary
01

Executive Summary

Key insights and market outlook

PT Bank Mandiri (Persero) Tbk (BMRI) has restructured its board of commissioners following an Extraordinary General Meeting of Shareholders (EGMS) on December 19, 2025. Zulkifli Zaini was appointed as the new President Commissioner, replacing Kuswiyoto who was appointed earlier in March 2025. The changes also included approval of amendments to the Articles of Association and delegation of authority for the 2026 Work Plan and Budget. These decisions reflect shareholder support for management's strategic steps to accelerate sustainable business growth while maintaining strong governance and risk management.

Full Analysis
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Deep Dive Analysis

Bank Mandiri Undergoes Leadership Restructuring and Strategic Adjustments

Key Changes in Leadership and Governance

PT Bank Mandiri (Persero) Tbk (BMRI) conducted an Extraordinary General Meeting of Shareholders (EGMS) on December 19, 2025, resulting in significant changes to the bank's leadership structure and strategic direction 1

2. The most notable change was the appointment of Zulkifli Zaini as the new President Commissioner, succeeding Kuswiyoto who had been appointed earlier in 2025 during the Annual General Meeting on March 25, 2025 1.

Strategic Decisions and Their Implications

The EGMS approved several key agenda items that will shape Bank Mandiri's future operations:

  1. Amendments to the Articles of Association: The shareholders approved changes to the bank's Articles of Association to harmonize with the new State-Owned Enterprises Law and enhance governance practices 2.
  2. Delegation of Authority for 2026 Work Plan and Budget: The meeting authorized the management to finalize the 2026 Work Plan and Budget (RKAP), enabling more flexible and efficient business planning for the upcoming year 2.
  3. Leadership Restructuring: The changes in the board composition are aimed at strengthening strategic leadership and supporting the bank's long-term transformation agenda.

Shareholder Support and Future Outlook

Corporate Secretary Adhika Vista stated that the EGMS decisions reflect shareholders' full support for management's strategic initiatives to drive sustainable business growth while maintaining robust governance and risk management practices 2

. The restructuring and strategic adjustments position Bank Mandiri to better navigate future economic and industry challenges.

Original Sources

Story Info

Published
0 months ago
Read Time
11 min
Sources
2 verified

Topics Covered

Banking Leadership ChangesCorporate GovernanceStrategic Planning

Key Events

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Leadership Restructuring

2

Articles of Association Amendment

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2026 Budget Approval Delegation

Timeline from 2 verified sources