Shareholders of PT Bank DBS Indonesia officially appointed Ahmad Hidayat as new Independent Commissioner through the Circular Resolution of the Shareholders dated 28 December 2023. Appointment of Ahmad Hidayat as member of the Board of Commissioner can strengthen the performance of the Board of Commissioners, Board of Directors and management of PT Bank DBS Indonesia in providing convenient banking services for customers to align with the principle of ‘Live more, Bank Less’.

Current composition of Board of Commissioners of PT Bank DBS Indonesia:

President Commissioner	Tan Su Shan Carrie
Commissioner	Paulus Irwan Sutisna
Independent Commissioner	Soemadi Brotodiningrat
Independent Commissioner	Ahmad Hidayat

President Director PT Bank DBS Indonesia Lim Chu Chong said, "We are pleased to welcome Ahmad Hidayat as the new Independent Commissioner of PT DBS Bank Indonesia. We believe that his experience and insight will build and strengthen Bank DBS Indonesia. Together, we will continue our journey as a purpose-driven bank, pushing our strategic vision to become the ‘Best Bank for a Better World’, and making an impact beyond banking services.”

Ahmad Hidayat has 34 years of experience in the financial industry having worked in commercial banks and regulatory bodies such as at Bank Indonesia and the Financial Services Authority (OJK). His work experience began in 1989 when he joined Bank Bali through the Officer Development Program with his last position as branch head of Bank Bali Gresik, East Java. He then joined Bank Indonesia for 25 years through the Training Program for Bank Examiner Candidate in 1992. While at Bank Indonesia, he served in various fields including banking regulation and development, bank supervision, secondment at PDFCI Bank for 2 years, payment systems finance, budget, taxation and core banking operations. His last position at Bank Indonesia was Executive Director – Expert Staff to the Board of Governors in finance.

During his tenure as Chairman of the Audit Board, OJK won several awards, namely the Best Gratification Management System award in 2017, 2018 and 2020 and the Best e-LHKPN Implementation in 2017, 2018 and 2020 from the Corruption Eradication Commission (KPK).

Ahmad Hidayat's educational background strengthened his expertise in this industry. He earned a Bachelor of Economics in Accounting from Airlangga University in 1988 and a Master of Business Administration with a major in Finance from the University of Illinois, Urbana-Champaign in 2000. Prior to being appointed as Independent Commissioner of PT Bank DBS Indonesia, Ahmad Hidayat served as independent Commissioner at PT Maspion Industrial Estate from September 2023 to the present.

“Thank you for the trust given to me, I am honored to join as the new independent commissioner at Bank DBS Indonesia. Together, let us continue the mission of DBS Bank Indonesia to advance banking in Indonesia towards a sustainable future defined by innovation, inclusiveness, and joint success,” said Ahmad Hidayat.

About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

Shareholders of PT Bank DBS Indonesia appoints Ahmad Hidayat as Independent Commissioner