A Change of Recruiting Policy

The road to being boss of a state-owned enterprise is no longer a done deal. Is the president's new recruitment policy a reaction to dubious methods?

May 17, 2005

E.C.W. Neloe's days as CEO of Bank Mandiri may be numbered, given his status as a suspect in the massive case of bad bank loans. Who will be his replacement has been a topic of much discussion.

Four names have emerged as candidates: Rudjito, Agus Martowardojo, Sigit Pramono and Gatot M. Suwondo. But no bets are on as to who will be the anointed new chief of Mandiri, the largest state-owned bank in the country.

Choosing a new CEO and ma

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