A bank formed out of the furnace of the Asian financial crisis by wedging four insolvent banks together knows all about resilience and transformation. For Bank Mandiri’s chief executive, Kartika Wirjoatmodjo, known locally as Pak Tiko, one priority of recent years has been taking risk out of the books.
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Kartika Wirjoatmodjo, Bank Mandiri |
“One thing we learned in several cycles after 1998 and 2008 is about portfolio strategy,” he says.
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