AUDIT COMMITTEE
AUDIT COMMITTEE PROFILE
Chair of the Audit Committee
Deassy Roosiana Tresna Handayani
The profile of Deassy Roosiana Tresna Handayani as Chair of the Audit Committee can be found in the “Company Profile” chapter under the “Board of Commissioners Profile” section.
Members of the Audit Committee
Irdam Halim
An Indonesian citizen, aged 56. He holds a Bachelor’s degree in Economics majoring in Accounting from the University of Indonesia and is a certified Chartered Accountant. He was appointed as a member of the Audit Committee based on the Decree of the Board of Commissioners No. SKEP.007/BOC/PAF/IX/2024 dated September 12, 2024.
He has more than 28 years of experience in Public Accounting Firms, including Heliantono & Rekan, Arthur Andersen, and Ernst & Young, with expertise in auditing conventional and Islamic banks, accounting services, loan reviews, agreed-upon procedures, and due diligence. In addition, he previously served as a member of the Audit Committee at PT BRI Syariah (2014–2017) and at a financing company.
Yus Indra
An Indonesian citizen, aged 59. He holds a Bachelor’s degree in Economics and a Master’s degree in Management. He was appointed as a member of the Audit Committee based on the Decree of the Board of Commissioners No. SKEP.007/BOC/PAF/IX/2024 dated September 12, 2024.
He has more than 27 years of experience in the national banking industry, with his last position as an Advisor in an Islamic Business Unit and Head of Risk Management Group. He currently serves as a Senior Partner at several banking and management consulting firms. He is active as a consultant and trainer in governance, risk management, strategic planning, treasury, and financing. He has been involved in various strategic projects, including regulatory development, bank valuation studies, risk management system development, and national projects in the financial and government sectors.
DUTIES AND RESPONSIBILITIES OF THE AUDIT COMMITTEE
In performing its functions, the Audit Committee carries out the following duties and responsibilities:
1. Internal Control
- Reviewing the adequacy and effectiveness of the Company’s internal control system.
- Reviewing the adequacy of management’s efforts in following up on recommendations from internal and external auditors as well as supervisory results from the Financial Services Authority (OJK) or other regulators.
- Evaluating management’s efforts in developing a control culture at least once a year, and at any time if significant factors affect business control (such as business activities, risk factors, information technology, and risk management information systems).
- Reviewing and reporting to the Board of Commissioners any complaints related to the Company.
2. Financial Statements
- Reviewing the quality of the Company’s published financial statements and those to be submitted to the government and other parties.
- Reviewing annual financial statements to ensure completeness and consistency with previous reports.
- Reviewing audit results of financial statements prepared by External Auditors.
3. Internal Audit
- Reviewing the quality of the internal audit function, including planning, execution, results, and follow-up effectiveness of the Internal Audit Unit (SKAI).
- Reviewing SKAI reports to be submitted to the Board of Commissioners.
- Assessing the effectiveness of SKAI.
4. External Audit
- Reviewing the scope and audit approach used by External Auditors and ensuring there are no limitations that could distort audit results.
- Providing recommendations to the Board of Commissioners regarding the appointment of auditors based on independence, scope of work, and fees.
- Reviewing audit results and the adequacy of management’s follow-up actions.
- Assessing the performance quality of External Auditors and providing recommendations on their appointment.
5. Compliance with Laws and Regulations
- Reviewing the Company’s compliance with laws and regulations in the capital market, financing sector, and other relevant regulations.
- Reviewing results of compliance examinations or monitoring activities.
6. Company Policies
- Reviewing the Company’s strategic plans.
- Reviewing business plans.
- Reviewing annual reports and Good Corporate Governance (GCG) reports.
AUTHORITY OF THE AUDIT COMMITTEE
- To obtain full access to information, documents, activities, functions, records, data, and Company resources related to employees, funds, assets, and other resources relevant to its duties, and to report findings in writing to the Board of Commissioners.
- To communicate with other units within the Company, including direct communication with employees, the Board of Directors, internal audit, risk management functions, and Public Accounting Firms.
- To involve independent external parties if necessary to support its duties.
- To exercise other authorities granted by the Board of Commissioners related to its functions.
- To conduct sample testing and inspections of head office, branches, and business units when necessary.
INDEPENDENCE OF THE AUDIT COMMITTEE
All members of the Audit Committee are independent parties with strong expertise in audit, finance, and Islamic accounting. The Committee ensures that there are no familial relationships with Major Shareholders, the Board of Commissioners, or the Board of Directors, in accordance with the regulations of the Financial Services Authority (OJK).
AUDIT COMMITTEE CHARTER
In supporting the Board of Commissioners’ functions, the Audit Committee operates based on the Audit Committee Charter established on March 26, 2019. The Charter is prepared in accordance with the Company’s Articles of Association and applicable regulations, outlining formal working mechanisms to support the achievement of the Company’s vision and mission.