As the implementation of Good Corporate Governance principles, Bank DKI complies with prevailing Laws, Regulations and Provisions implemented by DKI Jakarta Provincial Government as majority shareholder of Bank DKI, Bank Indonesia and Bapepam LK as regulators, as well as other regulations that govern Bank and limited company management.
“Not only as a system or compliance with several prevailing laws and regulations, Bank DKI views corporate governance as an awareness that is implemented as a culture and ethical business.”
Pursuant to Republic of Indonesia Law Number 40 of 2007 concerning Limited Company, Bank DKI as a Limited Company has regulated Corporate Bodies comprising of General Meeting of Shareholders (GMS), Board of Commissioners and Board of Directors. The Board of Commissioners and the Board of Directors have also been regulated for their authorities and responsibilities clearly according to each function as mandated in Articles of Association and Law. However, both have a responsibility to maintain the sustainability of the company's long-term business. Therefore, the Board of Commissioners and Board of directors has to have same perception about vision, mission, and values of the company.
In exercising Bank DKI’s management, Board of Directors is supported by an effective management structure. In carrying out supervisory and advisory functions, the Board of Commissioners is also assisted by supporting bodies such as the Audit Committee, Remuneration and Nomination Committee as well as Risk Monitoring Committee.