Loan Disbursement Organization and Human Resources

33 2013 Annual Report BNI After considering the recommendation from the Audit Committee and the Public Accountant Procurement Team, the Board of Commissioners appointed KAP Tanudiredja, Wibisana Rekan PwC Indonesia to conduct the audit of the Consolidated Financial Statements of BNI, Financial Statements of Partnership Program and Community Development Program, Financial Statement and Investment Portfolio Report of DPLK, Custodian Department Operation, Performance Evaluation and Bank Indonesia Scripless Securities Settlement System BI S4 for the financial year ended December 31, 2013. The appointment of KAP has been done in accordance of the procedure and prevailing laws.

3. Loan Disbursement

During 2013, the Board of Commissioners advised and provided its opinion regarding decisions by the Board of Directors to extend loan facilities to debtors with individual loan facility value of more than Rp750 billion to 37 debtors, comprised of 9 State-Owned Companies and 28 private companies. In addition, with the consideration that the Board of Directors has conducted reviews and granted approvals through a process in accordance with the provisions, the Board of Commissioners has given its approval for the extension of funding to one related party, who is an individual debtor.

4. Organization and Human Resources

BNI Reformasi 1.0 Program has been implemented since 2009. The policies and implementation of BNI Reformasi 1.0 for the period of 2009-2012 was directed toward organization development and capability building to strengthen the financial foundation. For the period of 2013- 2014, efforts will be directed to deliver sustainable financial growth by fine tuning the organization transformation process. The implementation of organization transformation steps based on BNI Reformasi 1.0 was generally viewed as adequate and in accordance with the steps defined in the blue print. The implementation of projects within BNI Reformasi 1.0 needs to be improved in some aspects, taking into consideration the GCG principles to ensure effective and efficient transformation processes to support the Bank’s mission and objectives. The fine tuning stage needs to be performed adequately through regular evaluation to minimize the adverse effect of the program to the Bank’s operation stability and to ensure successful attainment of the business targets. Efforts to increase the human capital capacity and capabilities need to continue through structured and well planned program implementation to develop a professional and quality talent pool that supports the needs of the organization in accordance with the objectives of the organization transformation as described in BNI Reformasi 1.0.

5. The approval on BNI Business Plan RBB and RBB Supervision Report