Romy Wijayanto, Director of Finance & Strategy at Bank DKI Wins Indonesia Best CFO 2023

Jakarta – Bank DKI Director of Finance & Strategy, Romy Wijayanto won the award as Indonesia Best CFO 2023 with Predicate: Very Good, along with 10 (ten) other Finance Directors/Chief Financial Officers (CFO) from various industries. This title was given by SWA Media Group in collaboration with SWA Network at the SWA Indonesia Best CFO 2023 event, which was held in Jakarta on Wednesday (04/10). This event is a prestigious award for outstanding CFOs in Indonesia in their strategic role in developing the company's financial performance to become stronger, stronger and more competitive.

Chief Editor of SWA Media Group, Kemal E.Gani, explained that this program is a curation program to find and showcase the best Indonesian CFOs that can be used as best practices. "With this program, we hope that we can produce more CFOs who can provide effective breakthroughs in the financial sector, can boost their financial performance, can achieve efficiency, and so on." said Kemal. The theme for Indonesia Best CFO in 2023 is Orchestrating Financial Resources & Strategy to Achieve Top Performance.

Kemal continued, there are several stages carried out in finding the Best CFO in Indonesia. First, carry out a reference study based on the existing database, to find CFOs who meet the criteria and are invited to the program. In general, the criteria used to carry out initial selection include: CFO track record, company background with positive performance and continuing growth, to then be invited as a participant candidate.

After that, the Best CFO candidates were asked to write and send a paper with a predetermined outline, then the paper was assessed by a panel of judges and the top 10 candidates for Best CFO were selected. The Best CFO candidates who were included in the top 10 were then invited to present and tested through an interview session by independent judges and seniors in their fields, including Prof. Ir Roy Sembel from IPMI International Business School, Reinaldy Firmansyah who is also the Independent Commissioner of Indonesia Infrastructure Finance (IIF), Prof. Djoko Wintoro PHD who is the deputy Chancellor of Prasetya Mulya, and Philips Purnama, who currently serves as CEO of J&D Nickel Smelter Group. Factors assessed by the judges include: Clarity of problem identification, Strategy & breakthroughs to achieve targets, Results, and Skills in presentation. As a result, the judging process determined the Top 10 Indonesia Best CFO 2023.

Director of Finance & Strategy, Romy Wijayanto expressed his gratitude and felt very honored for the award given. "The various indicators of consistent improvement in Bank DKI's business performance are also the result of hard work and collaboration from the Management team and all Bank DKI people, who disciplinedly executed various strategic programs and initiatives, thereby directly encouraging Bank DKI's performance growth. Therefore, this Award is dedicated to all Bank DKI people who have succeeded in realizing real results based on collaborative behavior. Apart from that, it is also dedicated to Shareholders, Authorities, customers and work partners who continue to place their trust in Bank DKI." Romy said.

Romy added, in carrying out Bank DKI's financial management, he prepared a roadmap as a strategy to achieve the vision of sustainable financial performance, with a focus on 7 main strategies.

The first strategy is to increase profitability through increasing adequate Earning After Tax, NIM, ROA, ROE, NPL, LAR and Coverage Ratio. The second strategy is to maintain liquidity and capital at safe levels and in accordance with regulations. Third, optimize existing businesses in niche markets by improving business processes to meet the expectations of shareholders and customers. The fourth strategy is to prepare the Bank's capabilities to be able to capture new business opportunities, especially related to technological disruption in the digital era, through digitalization initiatives.

Then, the fifth strategy is to encourage the creation of a business ecosystem for Bank DKI by maximizing the potential of the DKI Jakarta Linkage. Sixth, increase collaboration and internal synergy between Work Units so that they are more solid by making all Supporting Work Units business partners. The seventh strategy is to prepare competent human resources to support sustainable business performance. "The main role of the CFO must be to be the company orchestrator." added Romy.

Due to the implementation of these various strategies, Bank DKI recorded impressive performance achievements with an increase in Bank DKI's net profit in December 2022 to IDR 939.11 billion, which is the Company's highest profit achievement since its founding. Profit grew 29.11% compared to the December 2021 period of IDR 727.36 billion. This is also supported by an increase in total assets of 11.51% to IDR 78.88 trillion in December 2022, from IDR 70.74 trillion in the same period the previous year, and increasingly sustainable growth in 2023.

Bank DKI Corporate Secretary, Arie Rinaldi, showed support and was proud of the achievements achieved by Bank DKI's Director of Finance & Strategy, Romy Wijayanto. "It is hoped that Mr. Romy Wijayanto's enthusiasm and leadership will be a source of motivation and inspiration for all Bank DKI people to continue to grow, develop and increasingly contribute to Bank DKI's business performance, to realize its vision as the Bank of Choice for an Advanced and Prosperous Jakarta." closed Arie.