The Multiple Burdens of State-owned Banks
The new board of directors at state-owned banks faces a challenging situation. They are squeezed by economic conditions and the weight of assignments tied to the President's projects.
Khairul Anam
April 7, 2025
AT the annual general meeting of shareholders of Bank Rakyat Indonesia (BRI), held on Monday, March 24, 2025, there were significant changes in the company’s leadership positions. In addition to replacing Sunarso with Hery Gunardi as Chief Executive Officer (CEO), the shareholders’ meeting decided to reduce the number of commissioners from 10 to six.
In the latest list of executives, BRI now has three independent commissioners, down
...
