Bandung. The West Java and Banten Development Bank, or bank bjb, approved a dividend payout of Rp 900 billion (US$52.15 million) and appointed a new management team at its 2025 Annual General Meeting of Shareholders held on Tuesday.

The meeting was conducted in a hybrid format, with limited in-person attendance at Gedung Negara Pakuan and online participation through the eASY.KSEI platform.

The dividend distribution equals Rp 85.54 per share and reflects the bank’s commitment to delivering value to shareholders following what it described as a year of solid performance.

Shareholders also approved the company’s 2025 annual report, including consolidated financial statements and the supervisory report of the board of commissioners, granting full discharge of responsibility to directors and commissioners for their management during the fiscal year.

In addition, shareholders approved the appointment of a public accounting firm to audit the bank’s 2025 financial statements, with the board of commissioners authorized to select an independent auditor registered with Indonesia’s Financial Services Authority.

The meeting also endorsed an updated recovery plan aimed at strengthening risk mitigation and ensuring long-term operational continuity amid macroeconomic uncertainty.

bank bjb further approved amendments to its articles of association after being designated as the holding company of a financial conglomerate.

A restructuring of the board of directors was also approved, reflecting the growing strategic importance of information technology, digital transformation, stronger corporate governance, and service quality improvement.

New Board Structure
Several appointments will become effective after passing fit-and-proper assessments by the Financial Services Authority (OJK).

Board of Commissioners

• President Independent Commissioner: Susi Pudjiastuti*
• Independent Commissioner: Novian Herodwijanto
• Independent Commissioner: Eydu Oktain Panjaitan*
• Commissioner: Rudie Kusmayadi
• Commissioner: Herman Suryatman
• Commissioner: Tomsi Tohir

Board of Directors

• President Director: Ayi Subarna
• Compliance Director: Asep Dani Fadillah
• Finance Director: Hana Dartiwan
• Corporate and MSME Director: Mulyana
• Consumer and Retail Director: Nunung Suhartini
• Information Technology Director: Muhammad As’adi Budiman
• Operations Director: Herfinia

*Subject to regulatory approval.

West Java Governor Dedi Mulyadi, representing the controlling shareholder, said he had recommended individuals with integrity to join the board, including former maritime and fisheries minister Susi Pudjiastuti.

“I recommended people within bank bjb whom I believe have integrity,” Dedi said.

He added that Susi would bring valuable advisory capacity to regional leadership and strategic decision-making.

Strong 2025 Performance
Bank BJB reported total assets of Rp 221.3 trillion in 2025, making it the largest regional development bank in Indonesia by assets.

The bank attributed the performance to strong market positioning, continued technology upgrades, and close collaboration with key shareholders.

The annual meeting also served as a platform to reaffirm bank bjb's commitment to supporting economic growth, particularly in West Java and Banten.

The lender said it remains focused on expanding services while maintaining strong corporate governance standards and pursuing long-term sustainable growth.