Saturday, December 23, 2006

Haryanto Budiman & Mandiri's mounts of bad debts

Haryanto T. Budiman has been appointed coordinator to settle bad debts at state-owned PT Bank Mandiri Tbk. It's in his hands the fate of Djajanti, Kiani Kertas, RGM, Great River etc. Who is he?

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Anonymous Anonymous said...

Don't think so! I myself attended the shareholder meeting (as a shareholder) and, from my understanding, the asset disposal program is designed primarily for the smaller loans (not the Djajanti or the like).

Restructuring of the big accounts is still under Riswinandi.

December 26, 2006 10:59 PM  
Anonymous Anonymous said...

Heard from internal source that he joined Bank Mandiri in October. Pretty smart fellow - one of the very few Indonesians who received S-3 (Ph.D.) degrees from the world-renowned Massachusetts Institute of Technology (MIT). Question is what brings him to Mandiri - this guy could work elsewhere with better pay. Rumour is that he is closed to Agus.

December 26, 2006 11:06 PM  

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