Implementing Best Governance Practices, BCA Wins the 10th IICD Corporate Governance Award 2018

Jakarta, 10 December 2018 – PT Bank Central Asia tbk (BCA) continues to improve corporate governance through the implementation of good corporate governance (GCG), which assessed information openness and corporate transparency. The hard work of BCA has gained recognition at the 10^th IICD Corporate Governance Award 2018, where BCA received the Top 50 Issuer with the Biggest Market Capitalization Public Listed Companies, received by Executive Vice President of Compliance of BCA Arif Singgih in Jakarta, Monday (10/12).

“BCA is increasingly aware of the importance of implementing good corporate governance principles, which in addition to adding value added to all stakeholders, it also helps facing the risks and challenges in the banking industry. It is an honor for BCA to be crowned once again at the 10th IICD Corporate Governance Award 2018. This award further motivates us to continue providing the best banking services by maintaining and improving a healthy competitive business continuity,” said Arif.

The 10^th IICD Corporate Governance Award 2018 is annual award initiated by Indonesian Institute for Corporate Directorship (IICD) in collaboration with Kontan, given to corporations for their high commitment in Good Corporate Governance (GCG). Under the theme of “Bringing About CG Changes: Opportunities and Challenges for Directors”, this time, the award highlights the importance of comprehensive GCG reforms in regards to improving business performance and the company’s investment climate. It gives appreciation to 200 public companies with the best market capitalization in Indonesia through a number of categories including Best Right of Shareholders, Best Equitable Treatment of Shareholders, Best Role of Stakeholders, Best Disclosure and Transparency, and Best Responsibilities of the Board. On the occasion, BCA also won the Best Right of Shareholders award.

“We consistently carry out an assessment on the implementation of corporate governance in order to build a leading institution in the settlement payment and financial solutions for business and individual customers. BCA also continues to make efforts to fulfill the principles of good corporate governance, including transparency, accountability, responsibility, independency, and fairness,” Arif concluded.

Receiving an Award - Executive Vice President of Compliance BCA Arif Singgih (center) received the Best Right of Shareholders, given by Vice Chairman Education at the Indonesian Institute for Corporate Directorship (IICD) Lindawati Gani (left) and witnessed by Chairman of Executive Board IICD Sigit Pramono (right) at the 10th CG Conference & Award 2018 in Jakarta, Monday (10/12). BCA also won the Biggest Market Capitalization Public Listed Companies, which further motivates BCA to continue providing the best banking services that prioritize transparency, accountability and responsibility so as to maintain the trust of customers, shareholders and other stakeholders.