BCA President Commissioner Djohan Emir Setijoso Resigns Ahead of 2025 AGM Approval

JAKARTA, RAKYAT NEWS – One of the biggest bank in Indonesia, PT Bank Central Asia Tbk (BCA) announced that its President Commissioner, Djohan Emir Setijoso, has officially resigned from his position.

The resignation was disclosed in a public statement made through the Indonesia Stock Exchange (IDX) on December 16, 2024. In the statement, BCA confirmed the receipt of Djohan’s resignation letter, which was submitted for approval during the upcoming Annual General Meeting of Shareholders (AGMS) in 2025.

Djohan Emir Setijoso, who holds a degree from the Bogor Agricultural Institute (IPB) in 1964, has had a long and distinguished career in the banking industry. He was appointed as the President Director of BCA from 1999 to 2011, overseeing the overall coordination and key divisions such as internal audit, corporate planning, finance and accounting, and corporate secretary. After retiring as President Director, Djohan was appointed President Commissioner of BCA in 2011, a position he held until his resignation. He was reappointed for another five-year term during the 2021 AGMS.

Djohan’s resignation will not have a material impact on the company’s operations, according to the statement released by BCA. The company emphasized that the decision is merely procedural, awaiting confirmation during the 2025 shareholders meeting.

Before his time at BCA, Djohan had an extensive career at Bank Rakyat Indonesia (BRI) from 1965 to 1998, where he served in several senior roles, including as a director. Additionally, he served as President Commissioner of Inter Pacific Bank between 1993 and 1998. Beyond his banking career, Djohan is actively involved in various organizations.

Despite his resignation, Djohan’s extensive contributions to BCA’s development and strategy have solidified his legacy in the institution. His leadership played a pivotal role in BCA’s growth during his tenure as President Director and later as President Commissioner.

BCA has assured the public that this resignation will not affect the company’s ongoing operations or future plans. The transition process is expected to be smooth, with BCA continuing to focus on its strategic initiatives and ensuring business continuity.

In other recent news, BCA reported a 14% increase in profit to IDR 50.5 trillion as of November 2024. Despite Djohan’s departure, the bank is preparing for a strong end to the year, with plans to meet the cash requirements for the upcoming holiday season. (Uki Ruknuddin)