As a public company, Bank has the goal to provide a sustainable and long-term value for all the shareholders and stakeholders through our main business activities. In order to achieve the goal, we have a commitment to maintain the highest good corporate governance and seek to instill a professional culture and ethic which values certain behavior that set an example, good awareness of the working environment, as well as personal and corporate integrity.
Good Corporate Governance (GCG) is not only a compliance measures, moreover, there is a strong engagement between high quality corporate governance practices with value creation. Therefore, from the beginning we started the business, we have taken steps to ensure that there has been solid foundation for the Company to apply the principles of good corporate governance by the time we officially become a public company, namely: transparency, accountability, responsibility, independence, fairness, and equality.
Implementation of the principles of good corporate governance is the Bank’s commitment and mission which aim at improving the Company’s competitiveness and building our core business in the banking industry with a structured and professional management system. Based on code of corporate governance, Bank is implementing the GCG principles outlined in two basic implementation of the Company’s corporate governance.
The main basic GCG implementation of building a strong governance structure is the structure of the Board of Commissioners, the Board of Directors and management team are complete and solid; including the functioning of committees both at the level of the Board of Commissioners and the Board of Directors that support the implementation of the tasks and responsibilities of the Bank’s management. The second basic GCG implementation is the governance commitment which is a strong commitment to implement the principles of good corporate governance of the company’s organs: the General Meeting of Shareholders, the Board of Commissioners, Board of Directors and all stakeholders.
We also strive to internalize the principles of good corporate governance to all management and employees of the importance of the principles of good corporate governance implementation in each unit done consistently. GCG principles essentially have also been absorbed into main values of Bank corporate values that systematically disseminated. The final results are expected from the process of GCG internalization and socialization and working culture is the growth of a culture that reflects GCG behavior.