The Danamonian revolution

With its sale to Temasek and Deutsche last year, the creation of a stunning new banking model is underway. We speak to Bank Danamon?s revolutionary CEO.

Francis Rozario, the new President Director of Bank Danamon, is a man with a mission. A 29 year veteran of Citibank, who ran the global SME business line, he is now imposing his unique vision on Danamon. The results have already started to show. The net income of the bank was up 72% in 2003 to $181 million, and with a fresh infusion of equity from Temasek and Deutsche the bank was greatly strengthened. Here Rozario tells us about the franchise he wants to create and how his business model will position Danamon as Indonesia's premier bank.

Sign In to Your Account Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media