The Audit Committee assists the Board of Commissioners to evaluate the adequacy of internal controls, the effectiveness and appropriateness of audits conducted by Public Accountants Office. The Committee also reviews financial information in order to ensure compliance with accounting standards and regulations, and to oversee the effectiveness of risk management implementation with other Committees.

STRUCTURE OF AUDIT COMMITTEE

  1. Audit Committee is under the coordination of the Board of Commissioners and structurally responsible to the Board of Commissioners.
  2. Audit Committee is chaired by an Independent Commissioner.

MEMBERSHIP OF THE AUDIT COMMITTEE

  1. A member of the Audit Committee shall consist of at least 3 (three) members:
    1. an Independent Commissioner;
    2. an Independent Party having expertise in accounting and finance; and
    3. an Independent Party with expertise in law or banking.
  2. Members of the Board of Directors are prohibited from become members of the Audit Committee.
  3. Members of the Audit Committee from Independent Party are elected by the BOC through recruitment and selection mechanisms.
  4. Members of the Audit Committee are appointed and terminated by the BOC and stipulated through the Decree of the BOD.
  5. The Company shall submit the information to the Financial Services Authority on the appointment and termination of members of the Audit Committee at least 2 (two) working days following the appointment and termination and shall be published in the Stock Exchange Website and/or the Company Website.

The composition of BRI Audit Committee of BRI as of December 2017 was as follows:

No.NamePositionProfessionTerms of Office
1.A. Fuad RahmanyChairmanIndependent CommissionerJune 2015 - Now
2.A. Sonny KerafMemberIndependent CommissionerJune 2015 - Now
3.Rofikoh RohimMemberIndependent PartyOctober 2017 - Now*
4.Sunuaji Noor WidiyantoMemberIndependent PartyDecember 2016- Now
5.Pamuji Gesang RaharjoMemberIndependent PartyFebruary 2016 - Now
6.I Gde Yadnya KusumaMemberIndependent PartyFebruary 2016 - Now
*) Based on the decree of the Board of Commissioners of OJK No. KEP-15/D.03/2018 dated 24 January 2018