Profile of Yuddy Renaldi, President Director of Bank BJB Who Suddenly Resigned

Kapanlagi.com - The Indonesian banking world is shaken by surprising news: Yuddy Renaldi, who has served as the President Director of Bank BJB, has officially resigned. This announcement was made through a public disclosure at the Indonesia Stock Exchange (IDX) on March 4, 2025. In its statement, Bank BJB confirmed that Yuddy's resignation letter has been received and will be on the agenda for the Annual General Meeting of Shareholders (AGMS) for the 2024 Financial Year.

Although Yuddy cited "personal considerations" as the reason behind his sudden decision, many are curious about the steps he has taken. Yuddy has led Bank BJB since 2019 and is known as a figure who has brought many positive changes to this regional bank.

Under his leadership, Yuddy focused on strengthening Bank BJB's role in supporting the MSME sector and making the bank more competitive in the market. Ambitiously, he even targeted Bank BJB to upgrade to a BUKU IV bank, with core capital exceeding Rp30 trillion.

So, who exactly is Yuddy Renaldi? What is his career journey in this challenging banking industry? Let’s delve deeper into the profile of Yuddy Renaldi, summarized by Kapanlagi.com from various sources on Wednesday (5/3/2025).

1. The Beginning of Yuddy Renaldi's Career and Education

Yuddy Renaldi, a man born in Bogor in 1964, has walked a brilliant path in the banking world thanks to his economics education at the Faculty of Economics, Trisakti University, Jakarta, where he earned his bachelor's degree in 1990. Not satisfied with just that, he continued his postgraduate studies by pursuing a Master's in Management at STIE IPWI Jakarta in 2000.

His deep interest in the banking sector led him to join Bank Pembangunan Indonesia (Bapindo), which later transformed into Bank Mandiri, where he honed his skills and built a reputation as an accomplished banker.

Due to his dedication and impressive experience in various strategic positions at major banks in the BUKU IV category, Yuddy was eventually entrusted to lead Bank BJB in 2019, marking the peak of his inspiring career journey.

2. Career Journey: from Bank Mandiri to Bank BJB

Before embarking on his career at Bank BJB, Yuddy Renaldi had already made a remarkable mark in the banking world with rich experience. He previously served as the Group Head of Subsidiaries Management at Bank Mandiri from 2016 to 2017, where he managed subsidiaries with full responsibility.

Not stopping there, Yuddy continued his career at Bank BNI as SEVP Remedial & Recovery from 2017 to 2019, focusing on handling problematic loans and asset recovery.

At its peak, in 2019, he was appointed as the President Director of Bank BJB, bringing a wealth of experience from major banks to guide Bank BJB further as a competitive national bank.

3. Yuddy Renaldi's Leadership at Bank BJB

Under Yuddy Renaldi's leadership, Bank BJB has soared with impressive growth, making it one of the stars in the banking world.

With the ambition to make Bank BJB a BUKU IV bank—defined as a bank with core capital of over Rp30 trillion—Yuddy focuses not only on numbers but also on empowering micro, small, and medium enterprises (UMKM) in West Java. This initiative aligns with the vision of the Provincial Government to strengthen the UMKM sector as a key pillar of the regional economy.

Moreover, Yuddy also reinforced Bank BJB's role in supporting infrastructure development, where the then-Governor of West Java, Ridwan Kamil, entrusted this bank as the leading financial institution to fund strategic infrastructure projects.

4. Why Did Yuddy Renaldi Resign?

Although officially Yuddy Renaldi resigned for personal reasons, the mystery behind his decision still looms over the public. Many are curious, considering his crucial role in the progress of Bank BJB and that he was supposed to lead until the end of his term.

Various speculations are circulating among financial analysts, ranging from internal company conflicts to the possibility that Yuddy is transitioning to a strategic position in another financial institution.

Interestingly, some also link his resignation to alleged corruption scandals related to the markup of BJB advertisements amounting to hundreds of billions of rupiah, although authorities have yet to provide an official statement.

All eyes are now on the Annual General Meeting of Shareholders (AGMS) for the 2024 Financial Year, where crucial decisions about the future of Bank BJB will be determined following Yuddy's departure.

5. FAQ

1. Who is Yuddy Renaldi?

Yuddy Renaldi is a professional banker who previously served as the President Director of Bank BJB from 2019 until March 2025.

2. Why did Yuddy Renaldi resign from Bank BJB?

The official reason given is "personal considerations", but there has been no further explanation from the relevant parties.

3. What is Yuddy Renaldi's contribution to Bank BJB?

He has pushed for strengthening Bank BJB as a more competitive national bank, focusing on financing MSMEs and regional infrastructure.

4. Who will replace Yuddy Renaldi at Bank BJB?

As of now, there has been no official announcement regarding who will replace Yuddy Renaldi as the President Director of Bank BJB.

(kpl/rmt)