30  September 2013
BII and Maybank announce appointment of new President Director/CEO for BII

Bank Internasional Indonesia and Maybank announce appointment of new President Director/CEO for BII

Bank Internasional Indonesia (BII), a key subsidiary of the Maybank Group, today announced that Taswin Zakaria has been identified to be appointed as its President Director. The appointment is subject to approvals from the relevant regulatory authorities in Indonesia as well as shareholders of the company to be obtained via an Extraordinary General Meeting.

Taswin Zakaria, age 45 and of Indonesian nationality, has served as an independent member of the Board of Commissioner of BII since 2004. He is also an independent member of the Board of Commissioner of PT Jasa Angkasa Semesta Tbk (a subsidiary of SATS Singapore), a post he has held since 2005. Prior to this appointment, Taswin Zakaria was the President Director of PT Indonesia Infrastructure Finance between 2010 and 2011.

Leading up to his appointment as member of BII BOC, Taswin Zakaria worked at Barclays Bank Plc as Director for Indonesia and was Barclays’ Head of Asia for Alternate Capital Market/Islamic Finance. He was Vice President of Deutsche Bank AG, Jakarta and was the Head of Debt Capital Market and Liability Risk Management. Taswin started his banking career at Citibank NA, Jakarta, where he was Head of Corporate Restructuring Unit and Project Finance. He has a Bachelor of Science in Business Administration degree in Accounting, Cum Laude (Honors) from The Ohio State University in 1991.

Announcing this appointment today, the President Commissioner of BII, Tan Sri Megat Zaharuddin Megat Mohd Nor, who is also Chairman of Maybank, said: "Bapak Taswin’s deep knowledge of the Indonesian business environment, extensive cross-geographical financial institution experience, and intimate knowledge of BII operations through being one of our commissioners there for the last nine years, makes him our choice candidate to lead BII at this stage in our transformation journey."

Tan Sri Megat added that the appointment of Taswin reflects Maybank Group’s commitment to utilise talented local leaders in the markets where it operates.

“Quite apart from contributing to the economic growth of our international markets, Maybank has always been at the forefront of supporting human capital development wherever we operate. We are in Indonesia for the long haul and many more younger local talents, men and women, are being developed in line with their potential. This also demonstrates our ability to move quickly in such situations, mindful that our previous President Director only left a month ago," he said.

Datuk Abdul Farid Alias, Maybank Group's President and CEO meanwhile said, "I am very pleased that Bapak Taswin, whom I have known over the last five years, has accepted the appointment. With his banking expertise and experience, coupled with his experience in other businesses in the last nine years, he brings insights that will help me and my Group EXCO, of which he will be a member, drive our regionalisation journey faster. We have Investment Banking and Asset Management businesses in Indonesia and we anticipate Bapak Taswin's in-country leadership will not only propel BII to new heights but also enable synergistic opportunities there for the Maybank Group to be realised faster."

Until the Bank receives all the necessary approvals, Ibu Thila Nadason continues in her appointed role as Officer-in-Charge of BII.