PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2013 AND 2012
Expressed in millions of Rupiah, unless otherwise stated
Appendix 511 1. GENERAL continued
g. Subsidiaries and Associates continued PT Mandiri AXA General Insurance continued
In Bank Mandiri’s General Shareholder Meeting dated 23 May 2011, Bank Mandiri’s shareholders approved the Bank’s plans to acquire 120,000 one hundred and twenty thousand new shares
issued by PT Asuransi Dharma Bangsa. The Bank’s investment in PT Asuransi Dharma Bangsa was approved by Bank Indonesia through its letter No. 1359DPB1TPB1-1 dated 28 July 2011.
On 11 October 2011, Bank Mandiri acquired 120,000 one hundred and twenty thousand new shares issued by PT Asuransi Dharma Bangsa with a total value of Rp60,000 as notarised by
Notarial deed of Yualita Widyadhari, S.H. No. 23 dated 11 October 2011. After this acquisition, Bank Mandiri became the controlling shareholder of PT Asuransi Dharma Bangsa with 60.00 ownership.
This was ractified in the General Shareholder Meeting of PT Asuransi Dharma Bangsa in accordance with notarial deed of Yualita Widyadhari, SH No. 22 dated 11 October 2011. The
notarial deed had been submitted and received by the Ministry of Justice and Human Rights Republic of Indonesia as documented in its letter No. AHU-AH.01.10-10-33252 dated 17 October
2011 regarding Acceptance Notification on the
Amendment of PT Asuransi Dharma Bangsa’s Article of Association.
Subsequently, the name of PT Asuransi Dharma Bangsa, was changed to PT Mandiri AXA General Insurance in accordance with the notarial deed of Yualita Widyadhari, S.H. No. 90 dated 18 October
2011. The notarial deed had been submitted and received by the Ministry of Justice and Human Rights of the Republic of Indonesia as documented in its letter No. AHU-51976.AH.01.02 dated
25 October 2011 regarding Acceptance Notification on the amendment of PT Mandiri AXA General
Insurance’s Article of Association. In conducting its business, MAGI already obtained a license from the Insurance Bureau of Bapepam
and LK Ministry of Finance of the Republic of Indonesia Biro Perasuransian Bapepam dan LK Kementerian Keuangan through letter No. S-12583BL2011 dated 22 November 2011 concerning
the Activation of General Insurance Business License and Change of the Company Name from PT Asuransi Dharma Bangsa to PT Mandiri AXA General Insurance.
h. Structure and Management
Bank Mandiri’s head office is located on Jl. Jend. Gatot Subroto Kav. 36-38, South Jakarta, Indonesia. As at 31 December 2013 and 2012
, Bank Mandiri’s domestic and overseas offices are as follows:
2013 2012
Domestic Regional Offices 12
12 Domestic Branches:
Area Community Branches
Mandiri Mitra Usaha offices Cash Outlets
70 992
687 301
68 949
502 291
2,050 1,810
Overseas Branches 5
5
Unaudited
As at 31 December 2013 and 2012, Bank Mandiri has overseas branches located in Cayman Islands, Singapore
, Hong Kong, Timor Leste and Shanghai People’s Republic of China. Bank Mandiri has obtained branch establishment license from China Banking Regulatory
Commission on 3 November 2010. The Shanghai branch commenced its operations on 17 November 2011.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2013 AND 2012
Expressed in millions of Rupiah, unless otherwise stated
Appendix 512 1. GENERAL continued
h. Structure and Management continued
To support Bank Mandiri’s vision to be Indonesia’s most admired and progressive financial institution, Bank Mandiri has amended its organisation structure into Strategic Business Units SBU.
In general, SBU consists of three major groups, which are:
1. Business Units, responsible for the Bank’s main business development consists of 7 seven
Directorates namely Institutional Banking, Corporate Banking, Commercial Business Banking, Consumer Finance, Micro Retail Banking, Treasury, Financial Institution Special Asset
Management and Transaction Banking;
2. Corporate Center, responsible for the management of the Bank’s critical resources and providing
support for the Bank’s policies, consisting of 6 six Directorates which are Risk Management,
Compliance Human Capital, Finance Strategy, Retail Risk, Change Management Office and
Internal Audit; 3. Shared Services,
as a supporting unit to the Bank’s operational activities and is managed by the Directorate of Technology Operations.
As at 31 December 2013 and 2012 , the members of Bank Mandiri’s Board of Commissioners and
Directors are as follows:
2013 2012
Board of Commissioners Chairman and Independent
Commissioner : Edwin Gerungan
Edwin Gerungan Deputy Chairman
: - Muchayat
Commissioner : -
Cahyana Ahmadjayadi Commissioner
: Wahyu Hidayat Wahyu Hidayat
Independent Commissioner : Pradjoto
Pradjoto Independent Commissioner
: Gunarni Soeworo Gunarni Soeworo
Independent Commissioner : Krisna Wijaya
Krisna Wijaya Commissioner
: Agus Suprijanto -
Commissioner : Abdul Aziz
-
2013 2012
Board of Directors President Director
: Budi Gunadi Sadikin Zulkifli Zaini
Deputy President Director : Riswinandi
Riswinandi Institutional Banking Director
: Abdul Rachman Abdul Rachman
Risk Management Director : Sentot A. Sentausa
Sentot A. Sentausa Compliance Human Capital Director
: Ogi Prastomiyono Ogi Prastomiyono
Finance Strategy Director : Pahala N. Mansury
Pahala N. Mansury Corporate Banking Director
: Fransisca N. Mok Fransisca N. Mok
Commercial Business Banking Director : Sunarso Sunarso
Technology Operations Director : Kresno Sediarsi
Kresno Sediarsi Treasury, Financial Institution
Special Asset Management Director : Royke Tumilaar
Royke Tumilaar Micro Retail Banking Director
: Hery Gunardi Budi Gunadi Sadikin
As at 31 December 2013 and 2012, the members of Bank Mandiri’s Audit Committees are as
follows:
2013 2012
Chairman, concurrently as member : Gunarni Soeworo Gunarni Soeworo
Member : Krisna Wijaya
Krisna Wijaya Member
: - Cahyana Ahmadjayadi
Member : Wahyu Hidayat
Wahyu Hidayat Member
: Agus Suprijanto -
Member : Zulkifli Djaelani
Zulkifli Djaelani Member
: Imam Soekarno Imam Soekarno
