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Economy in brief: Citibank appoints new boss for Indonesia
Private lender Citibank has appointed Batara Sianturi as its new Indonesia boss to manage its operations in the country
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rivate lender Citibank has appointed Batara Sianturi as its new Indonesia boss to manage its operations in the country.
Citibank said that Batara would succeed Tigor Siahaan as its Citi country officer (CCO) and country head for Indonesia. Batara will report to Michael Zink, its head for ASEAN and CCO for Singapore.
'The appointment of a senior Citibanker in Batara to lead our business in Indonesia signals the priority we place in a market where we plan to invest and grow in the years to come,' said Zink.
This will be Batara's third CCO and country head appointment during his time with Citi that started in 1988. He is now serving as CCO for the Philippines as well as cluster head for the Philippines and Guam.
He was also CCO for Hungary as well as cluster head for 12 other countries in central eastern Europe. His Indonesia appointment is now pending approval from the banking regulator.
