Erry Riyana Strong Candidate for BNI President Commissioner

The SOE Ministry has prepared the former Chairman of Indonesian Corruption Eradication Commission (KPK) Erry Riyana Hardjapamekas to become the President Commissioner of Bank Negara Indonesia (BNI) to replace Zaky Baridwan.

The replacement should be in the bank's EGMS on February 6. In the EGMS the bank will also reshuffle the directors.
Felia Salim is a candidate of BNI director, and there will be two new names for the commissioners.
The present commissioners of the bank are Suwarsono, Felia Salim, Achjar Iljas, Effendi, Parikesit Suprapto, and H.M.S. Latif. "Erry Riyana is strong candidate for BNI president commissioner."
Erry Riyana, meanwhile, said he does not know the plan and nobody has approached him on this plan. "I don't know this and SOE Ministry has not approached me."
Another former Chairman of KPK, Taufikkurahman Ruki, has been assigned as the president commissioner of PT Krakatau Steel.
Some bankers like Felia Salim, Lilies Handayani, Elvyn Gani Massasa, Eddy Soeparno, and Mirza Adityaswara have been invited to take fit and proper test to become commissioners and directors of BNI.
The name of those who pass the test will be sent to Bank Indonesia. There will be two candidates for every position.
Following the reshuffle the government will offer 20% or 3.04 billion shares of the bank to strategic investors, which are international class bank.
"Hopefully the market appetite over BNI will improve so that the sale will be optimum."
Later the SOE Ministry will invite local and international brokers to help BNI to sell the shares.
If the shares are sold at IDR2,050, the government will generate IDR6.26 trillion.
Today the government still has green shoe stocks of 4.14%. With the additional stocks of 15.86%, the total will be 20% for the government to sell to strategic investor.
International Finance Corporation (IFC), the World Bank Unit, has been ready to buy BNI stocks