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PT Bank OCBC NISP Tbk Financial Performance – Full Year 2018(Audited)
This report is solely for the use of PT. Bank OCBC NISP Tbk. No part of it may be circulated,
quoted, or reproduced for distribution outside the organization without prior written approval from
PT. Bank OCBC NISP Tbk. This material was used by PT. Bank OCBC NISP Tbk.during an oral
presentation; it is not a complete record of the discussion.
2
• Full Year Performance
• Financial Results
• Corporate Updates
• Appendix
Agenda
3
• NPAT reached Rp 2.6 trillion or increased by 21% YoY in 2018
• Total Assets grew 13% YoY to Rp 174 trillion per end of 2018
• Loans rose 11% YoY to Rp 118 trillion per end of 2018
• Deposits increased 11% YoY to Rp 126 trillion per end of 2018
• LDR ratio was 93.5% while Loan-to-funding ratio was 88.9% per end of 2018
• Gross NPL stood at 1.7% per end of 2018, below the industry average
• CAR maintained at 17.6 %, with tier 1 capital ratio of 16.6% per end of 2018
• Corporate Rating is AAA with stable outlook
• Network coverage was 308 Offices and 719 ATMs along with various digital channels
Executive Summary
Bank OCBC NISP Serves Its Clients Across Indonesia
308 branches including
sharia offices in 61 cities
− Jabotabek, Banten (131)
− West Java (57)
− Central Java (22)
− East Java (31)
− Bali, Lombok, Sumatera,
Kalimantan, Sulawesi,
Others (67)
719 ATM OCBC NISP and
access to:
−more than 190,000 ATM
Network in Indonesia
−more than 800 ATM OCBC
Group Network in Singapore
and Malaysia
A wide variety of online
banking services available
from our Internet Banking,
easily accessible from
https://online.ocbcnisp.com/
A variety of mobile
banking services available
from our One Mobile app
downloadable from Apple
App Store & Google Play
Store
− Hotline Treasury
08001 111 898
− Corporate Website -
www.ocbcnisp.com
Branches
Electronic Channel
Corporate Internet Banking
(Velocity) is a web based
application to support Customer’s
business activity both financial and
non financial transaction
https://newvelocity.ocbcnisp.com/
4
Call Centre
Kalimantan
Sulawesi Papua
Flores
Sumba
Halmahera
Seram
Bali
Rp. billion 2017 2018 �YoY 1Q18 2Q18 3Q18 4Q18 �QoQ
Net Interest Income 6,039 6,378 6% 1,551 1,596 1,628 1,603 (2%)
Non Interest Income 1,513 1,411 (7%) 386 194 391 440 13%
Operating Income 7,552 7,789 3% 1,937 1,790 2,019 2,043 1%
Operating Expenses (3,363) (3,513) 4% (885) (866) (875) (887) 1%
Pre Provision Operating Profit 4,189 4,276 2% 1,052 924 1,144 1,156 1%
Provision Expense (1,311) (790) (40%) (175) (37) (222) (356) 61%
Non Operating Income - Net - - nm - 1 1 (2) nm
Profit Before Tax 2,878 3,486 21% 877 888 923 798 (14%)
Net Profit After Tax 2,176 2,638 21% 663 672 698 605 (13%)
Income Statement Highlights
5
Rp. billion 2017 2018 �YoY 1Q18 2Q18 3Q18 4Q18 �QoQ
Placement in other Bank (net) 1) 4,836 5,264 9% 2,240 3,711 1,651 5,264 219%
Marketable Securities 2) 26,831 32,222 20% 31,670 32,894 26,403 32,222 22%
Loans (gross) 3) 106,349 117,835 11% 110,746 116,924 119,906 117,835 (2%)
Impairment Allowance (4,160) (4,344) 4% (4,325) (4,374) (4,617) (4,344) (6%)
Total Assets 153,774 173,583 13% 161,554 170,302 163,995 173,583 6%
Current Account 26,138 22,320 (15%) 24,441 24,187 23,413 22,320 (5%)
Savings 17,581 23,546 34% 17,878 19,916 21,300 23,546 11%
Time Deposit 69,722 79,694 14% 78,813 76,406 73,731 79,694 8%
Total Customer Deposits 3) 113,441 125,560 11% 121,132 120,509 118,444 125,560 6%
Marketable Securities Issued 6,149 4,373 (29%) 4,916 5,596 5,346 4,373 (19%)
Subordinated Debt - 144 nm - - 149 144 (4%)
Total Liabilities 131,990 149,155 13% 139,161 147,491 140,464 149,155 6%
Equity 21,784 24,428 12% 22,393 22,811 23,530 24,428 4%
Note: 1) Including Placement in Bank Indonesia
2) Exclude Securities purchase under resale agreement
3) Including Sharia products
Financial Position Highlights
6
% 2017 2018 �YoY 1Q18 2Q18 3Q18 4Q18 �QoQ
Net Interest Margin 4.5 4.2 (0.3) 4.2 4.1 4.3 4.0 (0.3)
Non Int. Income / Operating Income 20.0 18.1 (1.9) 19.9 10.9 19.3 21.6 2.3
Cost / Income 44.5 45.1 0.6 45.7 48.4 43.3 43.4 0.1
ROA 2.0 2.1 0.1 2.2 2.1 2.3 1.9 (0.4)
ROE 10.7 11.8 1.1 12.3 12.2 12.3 10.4 (1.9)
Loan / Deposit 93.4 93.5 0.1 91.1 96.7 100.9 93.5 (7.4)
Loan / Funding 1) 88.6 88.9 0.3 87.6 92.4 96.4 88.9 (7.5)
CASA / Deposit 38.5 36.5 (2.0) 34.9 36.6 37.8 36.5 (1.3)
NPL – Gross 1.8 1.7 (0.1) 1.7 1.8 1.8 1.7 (0.1)
NPL – Net 0.7 0.8 0.1 0.7 0.7 0.7 0.8 0.1
Loan Loss Provision (LLP) / NPL 219.0 213.9 (5.1) 228.0 212.5 220.6 213.9 (6.7)
NOP 3.5 5.1 1.6 6.4 1.0 1.8 5.1 3.3
CAR 17.5 17.6 0.1 17.0 16.7 17.0 17.6 0.6
Note:
1) Funding includes Customer Deposits, Bonds, Subordinated Debt and Borrowings
Key Ratios
7
Foreign Exchange Gain
2018: 31%
2017: 21%
Net Interest IncomeIDR billion
Non-Interest Income 2018: Rp 1,411 billion
2017: Rp 1,513 billion
Non-Interest Income by TypeFull Year
*) Including Mutual Funds, Remittance, e-channel and Other fee
Net Interest Margin
�
NIM recorded at 4.2% in 2018 along with diversified Non-Interest Income channels
Trade Finance2018: 13%
2017: 11% Deposit Administration
2018: 5%
2017: 5%
Bancassurance2018: 9%
2017: 9%
Others *)
2018: 14%
2017: 12%
Gain from Sale of Marketable Securities2018: 6%
2017: 21%
Credit Related2018: 22%
2017: 21%
Net Interest Margin
�
8
4.5%4.2% 4.4%
4.2% 4.1% 4.3% 4.0%
6,039
6,378
1,574 1,551 1,596 1,628 1,603
2017 2018 4Q17 1Q18 2Q18 3Q18 4Q18
2 ,04 3 2 ,0 191,9 41 1,93 7 1,7 9 0
8 86 8 8 5 8 66 8 7 5 8 87
4Q17 1Q18 2Q18 3Q18 4Q18
58% 62% 61% 62% 63%
38% 39% 37% 38% 42%
7,7897,552
3,3633,513
2017 2018
61% 62%
38% 39%
Operating Expense and Operating IncomeIDR billion
Operating Income Employee Expense General Administration Expenses
Cost to Income Ratio
▼
Cost-to-Income Ratio at 45.1% in 2018
45.1%44.5%
43.4%43.3%
48.4%45.7%45.6%
9
45% 45% 47% 48% 47%
41%40%40%42%
42%
12%12%13%13%
13%
4Q17 1Q18 2Q18 3Q18 4Q18
Working Capital Investment Consumer
Services2018: 18%
2017: 17%
Loans CompositionIDR billion
Note: Consumer loans includes Employee loan
Loans by Sector31 December
Outstanding loans2018: Rp 117,835 billion
2017: Rp 106,349 billion
*) “Others” category Including Consumer loans
119,906 117,835
106,349110,746
116,924
Total loans increased by 11% YoY to Rp 118 trillion on the back of diversified loans growth
Manufacturing2018: 28%
2017: 27%
Others *)2018: 13%
2017: 14%
Construction2018: 4%
2017: 3%
Agricultural & Mining2018: 12%
2017: 13%
Trading2018: 25%
2017: 26%
10
Loans by Geography 31 December
Loans by Currency31 December
Outstanding loans2018: Rp 117,835 billion
2017: Rp 106,349 billion
Outstanding loans2018: Rp 117,835 billion
2017: Rp 106,349 billion
Sumatera2018: 9%
2017: 9%
East Java2018: 11%
2017: 11%
Central Java2018: 3%
2017: 3%
West Java2018: 12%
2017: 12%
Jakarta2018: 62%
2017: 61%
Sulawesi & Others2018: 2%
2017: 2%
Kalimantan2018: 1%
2017: 2%
The bank loans were spread over regions where most of economic activities are undertaken
Rupiah2018: 78%
2017: 74%
Foreign currencies2018: 22%
2017: 26%
11
159.4 166.2153.1 159.1
59.661.8
161.3
59.461.5 52.6
4Q17 1Q18 2Q18 3Q18 4Q18
General Specif ic
96.2% 96.1% 96.0%95.8% 96.6%
2.0%2.2%
2.2% 2.4% 1.7%1.8%
1.7%
1.8% 1.8% 1.7%
4Q17 1Q18 2Q18 3Q18 4Q18
Current Special mention NPL Gross
Loan Collectibility% Outstanding loans
Loan Loss Provision (LLP) / NPL %
Net NPL�
220.6213.9
219.0228.0
212.5
Gross NPL stood at 1.7%, while Net NPL was at 0.8%
0.7% 0.7% 0.7% 0.7%0.8%
119,906 117,835
106,349110,746
116,924
12
Deposit CompositionIDR billion
Deposit and Funding by Currency31 December
Total Deposit2018: Rp 125,560 billion
2017: Rp 113,441 billion
Total Funding2018: Rp 132,057 billion
2017: Rp 119,589 billion
Note: Funding includes Customer Deposits, Bonds and Borrowings
23% 20% 20% 20% 18%
16% 15% 17% 18% 19%
61%65% 63% 62%
63%
4Q17 1Q18 2Q18 3Q18 4Q18
Current Account Savings Time Deposits
118,444125,560
113,441
121,132 120,509
Rupiah2018: 73%
2017: 73%
Foreign currencies2018: 27%
2017: 27%
Rupiah2018: 74%
2017: 74%
Foreign currencies2018: 26%
2017: 26%
Total CASA represented 36.5% of Third party funds
13
93.4%91.1%
96.7%100.9%
93.5%
88.6% 87.6%
92.4%96.4%
88.9%
Loan-to-Deposit Ratio▼
Loans, Third Party Fund and FundingIDR billion
Note:
Funding includes Customer Deposits, Bonds, Subordinated Debt and Borrowings
▲
Loan-to-Funding Ratio
LDR was at 93.5%, while Loan-to-Funding ratio was 88.9% at end of 2018
117,835119,906116,924
110,746106,349
125,560118,444120,509121,132
113,441
126,105126,048119,589
123,939132,057
4Q17 1Q18 2Q18 3Q18 4Q18
Loans Deposit Funding
14
100
300
500
700
900
1,100
-
2,000
4,000
6,000
8,000
10,000
Jan-18 Apr-18 Jul-18 Sep-18 Dec-18
Daily share price and trading volumeNISP IJ
Source: Bloomberg
Share price (Rupiah)Daily trading volume (Thousand)
Ownership StructureAs of 31 December 2018
Number of shares
Ownership
OCBC Overseas
Investment Pte. Ltd*)
19,521,391,224 85.1%
Public 3,423,905,748 14.9%
Total 22,945,296,972 100.0%
ValuationIDR
Dec 17 Mar 18 Jun 18 Sep 18 Dec 18
Share Price 938 938 850 830 855
PBV 1.0x 1.0x 0.9x 0.8x 0.8x
EPS Quarterly 22 29 36 30 30
Note: *) OCBC Overseas Investment Pte. Ltd is owned by OCBC Bank, Singapore. OCBC Bank is Singapore’s longest established bank (est. 1912) and one of
Asia’s leading financial services groups, with group assets of SGD464 billion as of 30 September 2018 and employs more than 29,000 staff globally and
has a banking network of more than 570 branches and representative offices in 18 countries and territories.
Share Price
▼
Source: Bloomberg
Share Price and Credit RatingsRating
PEFINDO
Feb 2018
Corporate Rating idAAA / Stable
Continuous Bonds II and III idAAA / Stable
Fitch Ratings
April 2018
National Long-term AAA (idn) / Stable
National Short-term F1+ (idn)
Long-term Foreign Currency
Long-term Local Currency
BBB / Stable
A / Stable
Short-term Foreign Currency F 3
Continuous Bonds II and III
Viability Rating
Support Rating
AAA (idn)
Bb+
2Mar-18 Jun-18
15
• Full Year Performance
• Financial Results
• Corporate Updates
• Appendix
Agenda
16
Consumer Banking• Intensifying Tanda 360o plus and Taka campaign to acquire more new customers.
• Intensifying internet and mobile banking campaign to acquire more new users.
• Bank OCBC NISP Presents Banking Service Innovation at the Premium Guest House. Premium Guest
House is specially designed to provide a new banking experience through knowledge sharing process.
The concept of Premium Guest House where focus on providing added values with knowledge sharing,
experience and solutions offered by the Bank to meet customer’s needs and aspirations.
• Bank OCBC NISP adds online shopping feature to OCBC NISP Mastercard Debit Card. Supported by
Mastercard's advanced payment technology and security standards, the online shopping feature on the
OCBC NISP Debit Card provides convenient, safe, and seamless online shopping experience for
customers, anytime and anywhere. Moreover, customers can also set a daily limit for online
transactions.
• Launched insurance products collaboration with reputable insurance companies and launched mutual
products; such as Entrepreneur One Insurance, Travel First, Asset Link Protector with Great Eastern
Life, Syariah Investa Optima (Avrist), Manulife Saham Syariah Asia Pasifik Dollar and Batavia Proteksi
Utima 25.
• Launched One Mobile OCBC NISP, an innovative mobile banking app.
Business Initiatives and Corporate Actions
17
Business Initiatives and Corporate Actions (Cont’d)
Continuous Public Offering Bonds II Bank OCBC NISP Phase IV Year2018 and Continuous Public Offering Bonds III Bank OCBC NISPPhase I Year 2018
To diversify funding, Bank OCBC NISP raised Rp 1,060,000,000,000
through the Continuous Public Offering Bonds II Bank OCBC NISP Phase
IV Year 2018 on April 10, 2018 and Rp 1,000,000,000,000 through the
Continuous Public Offering Bonds III Bank OCBC NISP Phase I Year
2018 on July 6, 2018 .
The proceeds were fully used for loans expansion.
Bank OCBC NISP Ready to Finance Eco-Friendly ProjectsFollowing the recent issuance of Komodo Bond by International Finance
Corporation (IFC) - a member of the World Bank Group, Bank OCBC
NISP received funds from IFC worth IDR 2 Trillion, which will be used to
finance green projects. The loan facility has a 5-year tenor and will be
distributed by Bank OCBC NISP to fund eco-friendly projects such as
energy efficiency and renewable energy. This agreement is an early step
for Bank OCBC NISP to support the Bank’s clients in performing
sustainable business and enable them to contribute positive impacts
towards the governments goals. Collaboration between IFC and Bank
OCBC NISP is expected to help in finding innovative solutions that
provide large opportunities for private sector to contribute in economic,
social and environment aspects in sustainable manner.
18
Corporate Social Responsibility
Young Entrepreneurship Spirit (YES) WorkshopBank OCBC NISP together with Karya Salemba Empat (KSE) held
Young Entrepreneurship Spirit (YES) Workshop in February 2018,
which was attended by 38 Participants. In addition, the Mentoring
Phase was being held from March to August 2018 in Bandung and
Jabodetaser.
Financial Education Workshop• Bank OCBC NISP conducted a Financial Education and Literacy
Workshop for Start-up Entrepreneur in Cirebon with 38 participants
as well as for employees of Cahya Kawaluyan Hospital in Bandung
with 36 Participants.
• Bank OCBC NISP also held a Financial Edugames – Smart Future
for 80 Students of Universitas Parahyangan – Bandung in May 2018.
• Together with Kartini Magazine, Bank OCBC NISP held a Women
Entrepreneurship Workshop in April 2018, which was attended by
250 participants.
• In collaboration with Sharia Business Unit, Bank OCBC NISP
conducted a Simple Financial Education for housewives in May and
June 2018, which was attended by 400 participants.
• Bank OCBC NISP held Financial Edugames – Smart Future for
Students in several High Schools and Vocational Schools in Jakarta
& Bekasi in August – September and December 2018.
• Bank OCBC NISP conducted Thalassemia Bootcamp in October
2018, it was a workshop for Financial Education and Motivation
Session participated by 58 participants.
19
Corporate Social Responsibility (Cont’d)
Ramadhan CSR ActivitiesBank OCBC NISP held CSR Activities during Ramadhan 2018, such as
distributed donation packages, supported external Ramadhan Activities,
organized Mudik Asyik (in collaboration with Sharia Business Unit) with total of
5 buses, etc. The activities was being held in various cities accross Indonesia
Dompet Tanda Kasih for PaluGroceries packages and hygiene kits distributed to surrounding communities
and employees in Palu, Donggala, Banawa, Sigi and Balaesang Tanjungaffected by tsunami and earthquake, in November 2018.
OJK FIN EXPO & SUNDOWN RUN 2018
At Epiwalk Epicentrum Kuningan, 50 students from SDN 03 KaretKuningan participated in the event and get SIMPEL (Simpanan Pelajar)saving account, the event held in October 2018.
Donation Handover for PatientsIn November 2018, Bank OCBC NISP distributed donation with total amount of
IDR200 mio for communities (100 beneficiaries) in 3 cities (Tasikmalaya, Garut
and Malang) to support their financial needs toward health & education.
Bank OCBC NISP Supports the Improvement of Life Quality Toward theCommunity in Karawang RegionIn November 2018, joint CSR with Great Eastern Life Indonesia (GELI) to build
lighting facility for more than 100 houses as well as rehabilitate school facilities
for the residents of Dusun Cilele, Wanajaya Village, Karawang Regency, WestJava that still do not have electricity facilities.
20
.
Accolades
Indonesia Information Technology Awardby Economic Review
Magazine
in March 2018
Category: A (Platinum)
Satisfactory Loyalty Engagement Awardsby Infobank Magazine and Marketing Research
Indonesia (MRI) in May 2018
Categories:
- Rank II Experience for Conventional Commercial Bank
- Rank III Engagement for Conventional Commercial Bank
- Rank III Satisfaction for Conventional Commercial Bank
- Rank III Satisfaction (Customer Service) for
Conventional Commercial Bank
- Rank II Overall for Conventional Commercial Bank
Best Bank Award by Investor Magazine
in June 2018
Category: The Best Bank
with Core Capital IDR 5
Trillion – 30 Trillion
Asian Banking & Finance Retail Banking Awardby Asian Banking & Finance, Singapore
in July 2018
Categories:
- SME Bank of the Year – Indonesia
- International Retail Bank of the Year –
Indonesia
- Mobile Banking Initiative of the Year – Indonesia
Asian Banking & Finance Wholesale Banking Award
by Asian Banking & Finance,
Singapore
in July 2018
Categories:
- Indonesia Domestic Foreign
Exchange Bank of the Year
- Indonesia Domestic Technology
& Operation Bank of the Year
Indonesia Country Awards Programme for Technology Innovations
by The Asian Banker,
Singapore
in August 2018
Category: The Best Cloud
Based Initiative,
Application or Programme
Indonesia Country Awards Programme for Retail Financial
Services by The Asian Banker,
Singapore
in August 2018
Category: The Credit
Card Product of the
Year
Infobank Award by Infobank, Jakarta
in August 2018
Category: Titanium
Trophy 2018 for
Excellence Financial
Report for the period of
2003-2017
Indonesia Banking Award – The Best Bank in Retail Banking
Services by Majalah Tempo, Indonesia
in September 2018
Category: Conventional Bank with
Asset IDR 100T and above IDR
100T
21
Top 20 Financial Institution Awardby The Finance – Indonesia
Category: Commercial Bank –
The Best Bank BUKU 3
in November 2018
Best of The Best Awardby Forbes Magazine Indonesia
Category: The Top 50 Companies for 2018
in November 2018
Top Best SKNBI Participantsby Bank Indonesia
Category: Bank BUKU 3 & 4
in November 2018
IICD Corporate Governance Awardby Indonesian Institute for Corporate
Directorship (IICD)
Category: The Best Disclosure and
Transparency
in December 2018
IICD Corporate Governance Awardby Indonesian Institute for Corporate
Directorship (IICD)
Category: Top 50 Big Capitalization
Public Listed Companies
in December 2018
Corporate Governance Perception Index (CGPI) Award
by Indonesian Institute for Corporate
Governance (IICG)
Category: Most Trusted Companies
in December 2018
Accolades (Cont’d)
22
The Banker Awards 2018by The Banker Magazine (London)
Category: Bank of the Year – Indonesia
in December 2018
Human Capital
Others
• Team-up Senior executive OCBC Bank Singapore in Board ofCommissioners and Board of Directors OCBC NISP.
• Transfer knowledge throughout comprehensive training program,business event, comparative studies, job attachment and guestauditors.
• Provide capital support
• Create synergy to better support financing and transaction serviceneeds for customers
• Collaboration to build new capabilities in offering customer solutionsand services – inside and outside Indonesia
• Enhance Op & IT governance as well as information technologyimplementation, while improving operational excellence
• Speedy remittances between Singapore and Indonesia aside fromLink-up ATM in Singapore and Indonesia.
Supports from Controlling Shareholder
23
• Full Year Performance
• Financial Results
• Corporate Updates
• Appendix
Agenda
24
Vision
Mission
To be the Bank of choice with world-class standards, recognized for its caring and trustworthiness.
Bank OCBC NISP will conduct its business and will operate as an honorable corporate citizen that grows together with the society in a
sustainable manner.
Vision and Mission
25
• Fourth oldest bank in Indonesia was incorporated in 1941.
• Listed its shares on Indonesia Stock Exchange in 1994.
• Transformed the entire organization subsequent to adopted a new name PT Bank OCBC
NISP Tbk. by the end 2008.
• The merger with Bank OCBC Indonesia was completed on 7 February 2011 resulting in
one single banking entity and franchise for the group in Indonesia
• For over 77 years, the Bank has survived through any Indonesia economic crisis.
• The Indonesia’s eight largest bank at the end of November 2018.
• Currently employs 6,075 dedicated staff to serve customers in 61 cities across Indonesia
throughout 308 offices and 719 ATMs.
• Focus on serving the segment of SME and Retail.
• Solid financial performance with strong capital support from OCBC Bank Singapore.
Fact of OCBC NISP
26
Pramukti SurjaudajaChairman– Chairman, Board of Commissioners, Bank OCBC NISP since 2008
– President Director Bank OCBC NISP (1997-2008)
– Director of Bank OCBC NISP (1989-1997)
– Commissioner of Bank OCBC Indonesia (1997-2000)
– Council Member, South East Asia Council, INSEAD, France, since
2006
– Non Executive Director at OCBC Bank-Singapore since 2004
Peter Eko SutiosoDeputy Chairman (Independent Commissioner)– Deputy Chairman of Bank OCBC NISP since 1998
– Commissioner Bank OCBC NISP (1997-1998)
– Director of Bank OCBC NISP (1972-1997)
– Active in Perbanas (Indonesian Banking Association) West
Java as Chairman of Perbanas West Java (1983-1988), and
active in BMPD West Java (1977-1990)
Jusuf HalimIndependent Commissioner– Independent Commissioner of Bank OCBC NISP since 2006
– Chairman of CPA Examination Board, the Indonesian Institute of
Accountants (2003-2007)
– Chairman of Financial Accounting Standards Committee (1994-1998)
– Member of Honorary Board-the Indonesian Institute of Audit
Committee (2010-2016)
Lai Teck Poh (Dua Teck Poh)Commissioner– Commissioner of Bank OCBC NISP since 2008
– Non Executive Director in OCBC Bank (Malaysia) Bhd since
2011
– Non Executive Director in OCBC Bank Ltd since 2010
– OCBC Bank Ltd (1988-2010) with latest management
position as Head, Group Audit
– Managing Director, Citicorp Investment Bank (Singapore)
Ltd (1986-1987)
Kwan Chiew ChoiIndependent Commissioner– Commissioner Bank OCBC NISP since 2011
– Independent Commissioner of Bank OCBC Indonesia (2008-
2010)
– Senior Vice President & Head Credit Control and Approval,
OCBC Bank Ltd (1987-2008)
– Vice President of Corporate Banking, First National Bank of
Chicago (Singapore) (1984-1987)
– Loans Department Manager of Sumitomo Bank Ltd,
Singapore Branch (1973-1982)
Samuel Nag TsienCommissioner– Commissioner of Bank OCBC NISP since 2012
– Director of OCBC Wing Hang Bank, Limited since August 2014
– Director of Mappletree Investments Pte. Ltd. since March 2014.
– Chairman of the Association of Banks in Singapore since June 2013
– Joined OCBC Bank Ltd in 2007 and appointed as Group Chief
Executive Officer since April 2012 and as Director since February 2014
– Director of OCBC Bank (Malaysia) Berhard, OCBC Al-Amin Bank
Berhard, Great Eastern Holdings Ltd, and OCBC Overseas Investments
Pte. Ltd since April 2012
– Chairman of OCBC Bank (China) Ltd. since October 2012
– President and Chief Executive Officer of Bank of Amerika (Asia)
Hongkong, from1995-2006
Board of Commissioners as of 31 December 2018
Hardi JugandaIndependent Commissioner– Independent Commissioner of Bank OCBC NISP since
November 2017
– Commissioner of Bank OCBC NISP (July 2012-March 2017)
– Director Bank OCBC NISP (1997-May 2012)
– Head Positions in various branches and divisions of Bank
OCBC NISP (1985-1997)
Betti Setiastuti AlisjahbanaIndependent Commissioner– Independent Commissioner of Bank OCBC NISP since
December 2017
– Independent Commissioner of PT Bhinneka Mentari Dimensi
(December 2015 – September 2017)
– Independent Commissioner PT Anabatic Technologies Tbk.
Since March 2015
– Chairman of Trustee Board of Institut Teknologi Bandung
since May 2014.
27
Joseph Chan Fook OnnManaging Director– Director of Bank OCBC NISP since 2014
– OCBC Group Risk Management (Feb-Mar 2014)
– Head of Internal Audit Division, OCBC Bank Malaysia Bhd (2010-
Jan 2014)
– Head of Internal Audit Division, Bank OCBC NISP – Jakarta
(2006-2010)
– Senior Audit Manager – Consumer Credit Review, OCBC Bank –
Singapore (2004-2006)
– Audit Manager, Standard Chartered Bank – Singapore (2000-
2003)
– Have more than 19 years banking experience especially in
Internal Audit.
Parwati SurjaudajaPresident Director – President Director of Bank OCBC NISP since December 2008
– Deputy President Director Bank OCBC NISP (1997-2008)
– Director of Bank OCBC NISP (1990-1997)
– Senior Consultant at SGV Utomo/Andersen Consulting (1987-1990)
Emilya TjahjadiManaging Director– Director of Bank OCBC NISP since 2011
– Director of Bank OCBC Indonesia (2009-2010)
– SVP and Head Commercial Banking MME at HSBC, Jakarta
(2003-2009)
– American Express Bank Ltd., Jakarta (1996-2002) with last
position as Director of Corporate Banking
– Standard Chartered Group, Jakarta & Singapore (1991-1996)
with last position as Senior Relationship Manager
HartatiManaging Director (Independent Director)– Director of Bank OCBC NISP since 2011
– Chief Financial Officer of Bank OCBC NISP (2010-2011)
– Assistant Director of Bank OCBC NISP (2008-2010)
– Accounting & Finance Division Head Bank OCBC NISP (2006-2008)
– General Manager Bank OCBC NISP (2005-2006)
– Bank Mandiri (2001-2005) with last position as Accounting Group
Head (Senior Vice President)
– Bank Bali (1984-2001) with last position as Financial Control
Department Head (Vice President)
Andrae Krishnawan W.Managing Director– Director of Bank OCBC NISP since 2013
– Senior Corporate Executive Bank OCBC NISP (2009-2013)
– Assistant Director of Bank OCBC NISP (2007-2009)
– The Staff Director Bank OCBC NISP (2006-2007)
– Has experience in various positions in Bank International
Indonesia (1991-2006) with last position as Regional Head for
the last 7 years
Martin WidjajaManaging Director– Director of Bank OCBC NISP since 2012
– SVP & Head of International and Large Local Corporation in HSBC
(2010-2012)
– Senior Vice President, Commercial Banking, HSBC (2006-2010)
– Vice President, Commercial Banking (2004-2006) and Corporate &
Institutional Banking (2003-2004), HSBC
– Assistant Vice President Corporate & Institutional Banking, HSBC
(2002-2003)
– Manager Corporate Banking, HSBC Surabaya (2000-2002)
Johannes HusinManaging Director– Director of Bank OCBC NISP since 2013
– Treasurer Bank OCBC NISP (2011-2013)
– Executive Vice President, Head of Trading & Sales Bank Danamon
(2008-2011)
– Executive Director – JP Morgan Chase Bank (2005-2008)
– Senior Vice President, Head of Trading Bank Danamon (2004-2005)
– Vice President, Senior Interest Rate Trader-Standard Chartered
Bank (2000-2004)
– Currency Forward Trader-ABN Amro Bank (1998-2000)
– Foreign Exchange Trader-Bank Dagang Nasional Indonesia (1997-
1998)
Board of Directors as of 31 December 2018
Low Seh Kiat (Thomas) Managing Director– Director of Bank OCBC NISP since 2013
– National Emerging Business Head Bank OCBC NISP (2010-2013)
– Vice President, Business Head of Emerging Business OCBC Bank,
Singapore (2005-2010)
– VP, Head of Program Management & Marketing OCBC Bank,
Singapore (2004-2005)
– VP-GE Commercial Financing (S) Ltd, Singapore (2001-2004)
– Has experience in various head positions in Heller Factoring (S) Ltd,
Singapore (1995-1997) and Heller Asia Capital (S) Ltd, Singapore
(1998-2000)
– Sales Manager – D&D International Enterprise Ltd, USA (1992-1994)
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Board of Directors as of 31 December 2018 (Cont’d)
Mirah D. WiryoatmodjoManaging Director– Director of Bank OCBC NISP since June 2018
– Compliance Director of PT Bank Permata Tbk (2010-2018)
– Compliance Director of Citibank NA, Indonesia (2005-2010)
– Vice President of PT Bank Danamon Indonesia Tbk. (2004-2005)
– Senior Manager and Vice President of Citigroup Indonesia (1996-2004)
– Senior Manager of EXCO Nusantara Indonesia (1992-1996)
– Various positions at Bakrie Group
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Corporate Planning & Development
PT. Bank OCBC NISP Tbk
OCBC NISP Tower, 15th Floor
Jl. Prof. Dr. Satrio Kav. 25, Jakarta 12940
Phone : +62 21 255 33 888
Fax : +62 21 579 44 000
Website : www.ocbcnisp.com
Email : [email protected]
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