Arwin Rasyid Likely to Become President Director of Niaga-Lippo

Arwin Rasyid, an Indonesian senior banker, will likely become the president director of the new bank following the merger between PT Bank Biaga CIMB Tbk with PT Bank Lippo Tbk. Initially the candidates were Glenn Jusuf and Gita Wirjawan.
The controlling shareholder of Bank Niaga, CIMB, has filed the name of the former president director of PT Telekomunikasi Indonesia to Bank Indonesia to approve. Arwin joined Bank of America soon he was graduated from University of Indonesia, and the master from Hawaii University has become the vice president director of Bank Niaga in 1998-1999.
He joined Indonesian Bank Restructuring Agency and his last position was the vice president. He used to be the President Director of Bank Danamon, the Vice President Director of Bank Negara Indonesia and finally the President Director of Telkom.