Indonesian Political, Business & Finance News

Danamon appoints directors

Danamon appoints directors

JAKARTA (JP): PT Bank Danamon Indonesia appointed Sumantri Sumodirono, a former director, as a member of its board of commissioners yesterday.

"The bank also appointed two new directors, Rachman Hadi, former head of its credit division, and Edison Mawikere, former head of its marketing division," Danamon's president, R. Bientarno, said after the bank's special shareholder's meeting here yesterday.

Danamon, which now operates 281 domestic branch offices and three overseas offices, reported that its total assets reached Rp 10 trillion (US$4.53 billion) as of last December. Funds generated from the public were recorded at Rp 7.9 trillion. (fhp)

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