In accordance with Law no. 40 of 2007 concerning Limited Liability Companies, the Company's organs consist of the General Meeting of Shareholders (GMS), the Board of Commissioners and the Board of Directors. The Company's organs play a key role in the successful implementation of GCG. The Company believes that a proper relationship between the Company's Organs has a very positive influence on the success of the management of the Company and the implementation of Good Corporate Governance. Therefore, the Company has a commitment to strictly separate the functions and duties of each Company Organ, namely the General Meeting of Shareholders (GMS), Commissioners and Directors.


The General Meeting of Shareholders (GMS) has powers that are not granted to the Board of Directors or the Board of Commissioners, within the limits specified in the law or the articles of association. The authorities of the GMS include appointing and dismissing members of the Board of Commissioners and Directors, evaluating the performance of the Board of Commissioners and Directors, approving changes to the Articles of Association, approving the Annual Report and determining the amount of remuneration for members of the Board of Commissioners and Directors and making decisions regarding corporate actions or other strategic decisions.


The Board of Commissioners is the organ of the Company which is responsible for supervising the policies and management of the Company carried out by the Directors and providing advice to the Directors for the interests of the Company.

The Board of Commissioners is also responsible to the Shareholders. In carrying out its duties and responsibilities, the Board of Commissioners is assisted by supporting committees, namely the Audit Committee, the Risk & GCG Committee and the Remuneration Committee, which are the company's supporting organs.


The Board of Directors is an organ of the Company that is fully responsible for managing the company in accordance with the articles of association to achieve the company's vision and mission. The Board of Directors has collective duties and responsibilities, and each Director can act and make decisions according to his/her authority.

Members of the Board of Directors are appointed and dismissed by the GMS. The responsibility of the Board of Directors to the GMS is a manifestation of accountability in managing the company in line with the implementation of GCG principles.