Bank Mandiri picks Zulkifli Zaini as president

Zaini will replace incoming Indonesian finance minister Agus Martowardojo.

PT Bank Mandiri, Indonesia's largest lender, is set to name Zulkifli Zaini as its new president director pending shareholder approval, three sources with direct knowledge of the matter said.

He will replace Agus Martowardojo, who left to become the country's finance minister. Zaini is currently the technology and operations director at Bank Mandiri.

"Zulkifli's name has been brought up by Agus to lead the bank when he left as he has the best track record compared to other directors," said a high-ranking source at the state-owned enterprises ministry.

Another banking source also said that Zaini, who has spent most of his professional career at Mandiri, had already passed the "fit and proper" test from the central bank.

View the full story in Reuters.

Follow the link for more news on

Also Read

Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts

Maybank's net profit up 8.5% in 9M FY2024

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit