Approved by OJK, Jayaprakash Bharathan will effectively become BSWD’s assistant director, JAKARTA – PT Bank of India Indonesia Tbk. (BSWD) announced the change in the company’s management on Thursday (November 4th, 2021).

Based on the release of information from the Indonesia Stock Exchange on Thursday (November 4, 2021), this change in the composition of the management following the effectiveness of Jayaprakash Bharathan as Deputy President Director of Bank of India Indonesia became effective Monday (October 25, 2021).

Letter 006 / KP-BD / SPEIDX / PID / XI / 2021 states that Jayaprakash will replace Prashant Thapliyal as Vice President of the BSWD.

When changing the composition, Sanjeev Bhalla was appointed commissioner who replaced Prakash Rupchand Chugani. The appointment was made on Tuesday (July 9th, 2021).

However, Sanjeev’s assignment became effective upon receipt of approval from the Financial Services Authority (OJK) and / or other institutions.

The following is the composition of the new management at PT Bank of India Indonesia Tbk. (BSWD):


– Vice President Director: Jayaprakash Bharathan

– Directed by Ferry Victor

– Independent Director: Primasura Pandu Dwipanata

Board of Directors:

– Chief Commissioner: Sundhiranjan Padhi

– Commissioner: Sanjeev Bhalla

– Independent Commissioner: Handadjaja Sulaiman

– Independent Commissioner: Raharjo Satrio Unggul

Meanwhile, Bank of India Indonesia will hold an Extraordinary General Meeting of Shareholders (EGMS) on Thursday, December 9th, 2021.

The company’s board of directors announced that the invitation to the August 16, 2021 meeting will be posted on the e-GMS provider’s website, the exchange website and the company’s website.

In the meantime, the location of the GMS at PT Bank of India Indonesia, more precisely at Jl. KH Samanhudi No. 37, Pasar Baru, Jakarta.

“Shareholders eligible to attend the meeting are shareholders whose names are entered in the company’s shareholders’ register and / or the balance of the securities accounts in collective custody at PT Kustodian Sentral Efek Indonesia at the close of share trading on the Indonesian Stock Exchange on Tuesday, November 16, 2021”, wrote the Board of Directors in the information disclosure on Tuesday (November 2nd, 2021).

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