IBRA deputy to head Danamon

IBRA deputy to head Danamon

JAKARTA (JP): Deputy chairman of the Indonesian Bank
Restructuring Agency (IBRA) Arwin Rasyid has been appointed as
president of publicly listed PT Bank Danamon Indonesia.

IBRA said Tuesday that Arwin's appointment was made during
Danamon's extraordinary shareholders' meeting on Monday.

"Bank Danamon's new management consist of personals with high
experiences and are known as professionals in the banking
sector," the agency said in a press statement.

The meeting, which was closed to the media, also appointed as
Danamon's directors Armand B. Arief, Dahlia Ariotedjo, Muliadi
Rahardja, Gatot Suwondho, Krishna Suparto and Ria Sidabutar.

Arwin replaced Milan R. Shuster, who was named as commissioner
at the bank.(bkm)