Salomon names RI chief

Fri, 24 Nov 1995

HONG KONG (Reuter): Salomon Brothers said yesterday that Bharat Parashar was appointed president director of PT Salomon Brothers Nusa Securities of Indonesia, its joint venture with PT Bakrie Finance Corp.

The new venture is currently applying for its license from the Indonesian Capital Markets Supervisory Board. Parashar will take over responsibility for its operations in early January.

Parashar was previously executive director and chief executive at American Express Bank in Bombay.

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