Mar'ie quits Bank Mandiri

Mar'ie quits Bank Mandiri

JAKARTA (JP): Former minister of finance Mar'ie Muhammad has
resigned from his position as chief commissioner of the newly
established Bank Mandiri.

An assistant of the state minister of the empowerment of state
enterprises, Sofyan A. Djalil, said on Wednesday that Mar'ie's
decision was made after he was appointed a member of the
Indonesian Review Committee (IRC), an agency set up by the
government, the International Monetary fund and the World Bank to
oversee the Indonesian Bank Restructuring Agency.

"Pak Mar'ie decided to resign from his post as a chief
commissioner of Bank Mandiri because his new post in IRC was
potentially a conflict of interest with his position in Bank
Mandiri," Sofyan said.

"Therefore, the government has appointed Binhadi (former
director of Bank Indonesia) to replace Mar'ie," he added.

PT Bank Mandiri was established in October to take over Bank
Ekspor Impor Indonesia, Bank Dagang Negara, Bank Bumi Daya and
Bank Pembangunan Indonesia (Bapindo), four of the seven state
banks. (gis)