OJK Rejects Two Candidates for Bank BJB Commissioner Positions

Comprehensive Background Checks Lead to Rejection

The Financial Services Authority (OJK) has rejected the appointments of Mardigu Wowiek Prasantyo and Helmy Yahya as commissioners of PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (Bank BJB). The decision was based on the results of a comprehensive fit and proper test conducted by OJK.

Regulatory Requirements for Bank Commissioners

To be eligible for commissioner positions in Indonesian banks, candidates must meet stringent regulatory requirements. These include being of good moral character, having no history of criminal convictions related to financial crimes, and not having been declared bankrupt. Additionally, candidates must demonstrate professional competence and independence, particularly for independent commissioner roles.

Implications for Bank BJB

Following OJK's decision, Bank BJB will now proceed to nominate new candidates for the vacant commissioner positions. The bank's shareholders had previously agreed to appoint Mardigu Wowiek Prasantyo as independent commissioner, Helmy Yahya as commissioner, and Joko Hartono Kalisman as compliance director during their Extraordinary General Meeting of Shareholders (RUPSLB) in April 2025. However, these appointments were contingent upon OJK's approval.

Fit and Proper Test Process

Yuzirwan, Director of Supervision of Financial Services Behavior, Consumer Education and Protection, and Strategic Management at OJK West Java, explained that the fit and proper test involves a thorough examination of candidates' documents and backgrounds. The process typically takes around 30 working days after all required documents are received by OJK.

Future Appointment Process

Bank BJB will now initiate the process of nominating new candidates for the commissioner positions. OJK will conduct another round of fit and proper tests for the new nominees. The process will follow the same rigorous standards to ensure that appointed commissioners meet all regulatory requirements and can effectively oversee the bank's operations.