|
The Audit Committee was formed by the Company by the provisions of POJK No.55/POJK.04/2015, based on the Decree of the Board of Commissioners dated July 1, 2019, regarding the Appointment of the Chairman and Members of the Company’s Audit Committee. In addition, the Audit Committee Charter has also been approved by the Board of Commissioners.
This committee is a committee formed by and responsible to the Board of Commissioners in helping carry out the duties and functions of the Board of Commissioners.
The composition of the Audit Committee is as follows:
| Poernomo |
: |
Chairman of the Audit Committee
Indonesian citizen.
Currently 67 years old.
He obtained a Bachelor of Law degree from Gajah Mada University, Yogyakarta in 1981.
Served as Independent Commissioner of the Company based on Deed No. 17 dated June 15, 2022.
Before serving as Commissioner of the Company, most of his career while at Bank Indonesia was in the fields of credit, banking, human resources, payment systems, Bank Indonesia Branch Office in Makassar, Bank Indonesia Museum Special Unit and Secretariat. Besides that, he had a experience as commissioner of a subsidiary of the Bank Indonesia Pension Fund Foundation (namely PT. Binakarsa Swadaya and PT. Bidakara Taruma Sakti) and as Corporate Secretary at PT. Saraswanti Utama until 2020.
|
| Wahyu Purwandaka |
: |
Audit Committee Member
Indonesian citizens.
Currently 50 years old.
He earned a Bachelor’s degree in International Relations from the Faculty of Social and Political Sciences from Gadjah Mada University in 1994 and a Masters of Management from Gadjah Mada University in 1996
Appointed as a member of the Audit Committee based on the Decree of the Board of Commissioners dated July 1, 2019, regarding the Appointment of the Chairman and Members of the Company’s Audit Committee.
Some of the positions once held and is still held among others: Entrepreneurs (2018 – present), VP Procurement of PT Bank Negara Indonesia (2016 – 2017), General Manager of PT Bank Negara Indonesia Bekasi branch (2015 – 2016), General Manager of PT Bank Negara Indonesia Singapore branch (2011 – 2015), Investor Relations of PT Bank Negara Indonesia (2010 – 2011), Corporate and Correspondent Banking Relationship of PT Bank Negara Indonesia (2007 – 2010), Business Support Manager, Overseas branches Supervision Group, International Division of PT Bank Negara Indonesia (2006 – 2007), Banknote Operation Manager, Treasury Division of PT Bank Negara Indonesia (2004 – 2006), Foreign Exchange Liquidity Manager, Treasury Division of PT Bank Negara Indonesia (2002 – 2004).
|
| Ade Irma Hidayah |
: |
Anggota Komite Audit
Indonesian citizens.
Currently 36 years old.
She holds a Bachelor’s degree in Economics from Brawijaya University in 2007
Appointed as a member of the Audit Committee based on the Decree of the Board of Commissioners dated July 1, 2019, regarding the Appointment of the Chairman and Members of the Company’s Audit Committee.
Some positions that have been held and are still held include Member of the Audit Committee of PT Beton Manunggal Tbk (2017 – present), Extraordinary Lecturer of FEB Brawijaya University (2016 – present), Senior Manager at KAP DBSDA Malang (2009 – present), Finance Manager Cempaka Group (2009 – 2010).
|
Length of Service
Referring to POJK No. 55/POJK.04/2015 Article 8, the term of office of the Company’s Audit Committee may not be longer than the term of office of the Board of Commissioners as stipulated in the Company’s Articles of Association and may be re-elected for the next period.
Statement of Independence of the Audit Committee
In carrying out their duties and responsibilities, all members of the Audit Committee are independent and do not have a conflict of interest in the Company’s business as well as in carrying out their duties and responsibilities. The Audit Committee formed by the Company has met the criteria of independence, experience, expertise, and integrity.
Duties and Responsibilities of the Audit Committee
The Audit Committee is tasked with assisting the Board of Commissioners in supervising the management of the Company and providing independent opinions and recommendations on policies to be implemented by the Company’s management, including:
- Reviewing compliance with laws and regulations related to the Company’s activities;
- Provide an independent opinion in the event of a difference of opinion between the Management and the Public Accountant on the services provided;
- Provide recommendations to the Board of Commissioners regarding the selection and dismissal of a Public Accounting Firm;
- Reviewing the effectiveness of the implementation of the Internal Audit and Public Accountant functions;
- Reviewing the risk management implementation activities carried out by the Board of Directors;
- Review and provide advice to the Board of Commissioners regarding potential conflicts of interest in the Company; and
- Maintain the confidentiality of the Company’s documents, data, and information.
Audit Committee Charter
The Audit Committee Charter has been established to complement the implementation of the Audit Committee’s activities in the Company. The coverage is as follows:
- Duties and responsibilities including the rights and authorities they have
- Composition, structure, and membership requirements
- Work procedures and procedures
- Policy for holding meetings
- Activity reporting system
- Provisions regarding the handling of complaints or reporting in connection with alleged violations related to financial reporting
- Term of office of the Audit Committee
- Audit Committee Performance Assessment
Audit Committee Activities in 2021
The committee, which was formed in mid-2019, has duties and responsibilities, including compiling work guidelines, studying the activities of the Internal Audit Unit, and discussing with the Public Accounting Firm.
In 2021, the Audit Committee has prepared the Annual Work Plan and its budget including conducting a general audit of the Company’s financial statements for the 2021 financial year and conducting a limited review with the Public Accounting Firm.
|
