Jakarta, 18 December 2015 - An Extraordinary General Meeting of Shareholders (EGM) of Bank Mandiri appointed Wimboh Santoso as the Bank's Chief Commissioner, replacing Darmin Nasution, who had earlier been appointed Coordinating Minister for the Economy.

As a result of the change, the members of the company's Board of Commissioners are now as follows: Wimboh Santoso (Chief Commissioner), Imam Apriyanto Putro (Deputy Chief Commissioner), Abdul Aziz (Independent Commissioner), Aviliani (Independent Commissioner), Askolani (Commissioner), Suwhono (Commissioner), Goei Siauw Hong (Independent Commissioner) and Bangun Sarwito Kusmuljono (Independent Commissioner).

'Bank Mandiri has a good organizational management system in place. So, we believe this change will not affect the consistency of the Bank's business growth. Going forward, we will continue to transform in order to be the bank of choice for the entire people of Indonesia in meeting their needs for financial services,' said Bank Mandiri CEO Budi G. Sadikin after the EGM, which was held at Plaza Mandiri in Jakarta on Friday (18/12).

Budi said that with the new management structure in place, Bank Mandiri would continue on the path of sustainable growth by providing the best value to all stakeholders and by fully gearing up for the dawn of the Asean Economic Community.

The Bank's commitment to sustainable growth, he said, is being realized through an expansion in its intermediation role. As of the end of September 2015, Bank Mandiri's loan book amounted to Rp 560.6 trillion, up 10.7% from the previous year.

He said that Bank Mandiri continued to grow despite the current unstable macroeconomic conditions, as shown by the fact that the Bank's operating profit in the third quarter was up 21.19% from Rp 22.5 trillion to Rp 27.3 trillion.

'Consistent discipline in maintaining healthy and quality growth is one of the ways in which we can provide renewed optimism about the Indonesian economy,' said Budi.

Public confidence in Bank Mandiri is also higher than ever, as indicated by an increase in third-party funds to Rp 654.6 trillion at the end of September 2015, up from Rp 590.9 trillion the previous year. Meanwhile, total Low Cost Funds amounted to Rp 415.9 trillion, representing an increase of 15.0% over the previous year.

In order to boost deposits through greater transaction convenience, Bank Mandiri continues to develop its branch, electronic, and other networks, and to provide innovative transaction products and services.

PT Bank Mandiri (Persero) Tbk issued this content on 2015-12-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-04 01:26:10 UTC

Original Document: http://ir.bankmandiri.co.id/phoenix.zhtml?c=146157&p=irol-newsArticle&ID=2125550