OJK Approves Riduan as Bank Mandiri CEO, Strengthening Leadership

New Leadership Structure

The Financial Services Authority (OJK) has officially appointed Riduan as the new CEO and Henry Panjaitan as Deputy CEO of Bank Mandiri (BMRI) following their successful completion of the Fit and Proper Test. This decision strengthens the bank's management structure as it moves forward with business acceleration and governance enhancements.

Riduan's Extensive Banking Experience

Riduan, previously serving as Deputy CEO, brings a wealth of experience in corporate and commercial banking segments. His background includes leading various strategic functions within the bank, including regional banking operations. This experience is seen as crucial in strengthening the bank's intermediation function and promoting productive financing.

Strategic Implications

The new leadership appointment is expected to drive business growth and enhance governance practices at Bank Mandiri, Indonesia's largest bank by assets. The strengthened leadership structure positions the bank to better navigate the competitive banking landscape while maintaining its market leadership.