Temasek Holdings prepare names for Chief Executice Officer PT Bank Danamon Tbk to replaces Sebastian Paredes. Henry Ho Hon Cheong, Wilson Chia, Joel Kornreich and Sng Seow Hua are prepared by Temasek Holdings.
Danamon will shortlisted 2 names and relegate to central bank (Bank Indonesia). Kornreich is a CEO Retail Banking and Cards Business Citigroup di Spanyol dan Belgia. Henry Ho is former CEO PT Bank Internasional Indonesia Tbk from 2003-2009.
Henry replaces by Ridha Wirakusumah after Malayan Banking Berhad acquire stake in PT Bank Internasional Indonesia Tbk. Wilson Chia and Sng Seow Hua are executive from Temasek Holdings.
Temasek Holdings own Bank of China Limited, China Construction Bank Corporation, DBS Group Holdings Ltd., Hana Financial Group Inc., ICICI Bank Limited, NIB Bank Limited, Bank Danamon and Standard Chartered PLC.
Last year, Maybank finally acquires its acquisition of a 55.6% stake in BII at a price discounted by 15% from the initial agreement. The discount is given by Temasek Holdings Pte and Kookmin Bank.
Maybank buys BII shares from Sorak Financial Holdings Pte Ltd, a consortium set up by Fullerton Financial Holdings Pte Ltd and Kookmin Bank, for IDR433 per share, down from IDR510 per share that was previously agreed on.
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