Lauren Sulistiawati joined Commonwealth Bank Indonesia as a new president director succeeding Tony Costa, who has retired after six years of service.
Sulistiawati will continue to grow the Bank’s businesses in Indonesia, focusing on developing new market opportunities and increasing market presence across business operations.
As an industry veteran, with over 25 years of experience in finance and banking, she has an experience in the financial banking sector – holding a series of operational, strategic and managerial leadership positions.
Formerly the MD country business manager at Citibank, she led Citibank’s retail banking, sales & distribution, consumer lending and wealth management.
She graduated from San Francisco State University with Magna Cum Laude.
Sulistiawati said, “I’m very excited to be part of Commonwealth Bank of Australia (CBA) franchise, as one of the largest banks in the world and with complete financial service business capabilities in Indonesia covering banking, asset management and insurance. In addition, the Bank’s focus on Retail & SME and its commitment to financial inclusion and financial literacy is in line with Indonesian government economic agenda.”
“With Lauren at the helm we will continue to improve our service and products to meet our customer needs with a real focus on using technology to make it easy for our customers to do business with us. Lauren has an outstanding and proven track record and we are confident that she will be successful in the long term growth of our businesses in Indonesia.” said Geoff Coates, president commissioner of Commonwealth Bank Indonesia.
Commonwealth Bank today is serving customers through 91 branches and offices in 32 cities in Indonesia, including Sumatera, Java, Kalimantan, Bali, and Sulawesi.
Commonwealth Bank, a subsidiary ofthe Australian-based Commonwealth Bank, the largest bank in Australia and a top 7 safest bank in the world according to Global Finance Magazine.
Commonwealth. Bank has operated in Indonesia since 1997 and provides a full range of banking services with focus on retail and SME banking, by offering financial solutions specifically designed for customers’ needs.
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