Bank Mandiri’s new CEO on look out for acquisitions in SEA

Photo By: Bank Mandiri

The new president & CEO of Indonesia’s largest bank – in assets – PT Bank Mandiri Tbk (BMRI) Kartiko Wiroatmodjo, is targeting to acquire another bank or financial institution in Southeast Asian region.

This will help the bank to penetrate the ASEAN market and become a regional powerhouse in three to five years period, he said, adding: “Given our solid financial position, we are looking for acquisition possibilities in the region.”

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