The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

Wirjawan aims to clean up in Indonesian private equity

Having brushed with Indonesian politics, Gita Wirjawan knows how dirty it can be. Business development has more to offer his country, he reckons, hence his Indonesia-centric private equity business Ancora, which is attracting investors from the wider Muslim world. Eric Ellis reports.

Gita Wirjawan

"I like being on the buy side, I like making money, and making a difference"

Gita Wirjawan

GITA WIRJAWAN MIGHT well be the Barack Obama of corporate Indonesia. Bright, polished, accessible and youthful, JPMorgan’s former country head in Jakarta even looks a little like the US Democratic nominee for the White House. Like Obama, who happened to be schooled in Jakarta as a youth, Wirjawan preaches fundamental root-and-branch change to how his country runs and presents itself. Although he has spent much of his life outside Indonesia, Wirjawan is no less Indonesian for the experience. A rare cleanskin in Jakarta’s business hornet’s nest, Wirjawan is a true believer in what Indonesia can be.

Where Obama’s platform is politics, Wirjawan’s is business. He toyed with a political career a few years ago but his bumping up against Indonesia’s rancid political culture left him a little bruised and disillusioned. Having brought his children back to Jakarta to be raised as proud Indonesians, he now believes the change Indonesia so sorely needs can be effected by properly directed business.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree