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Grooming the Next Generation

Tuesday, September 26, 2006

The Katuari family is the seventh richest in Indonesia according to Forbes Asia, with businesses ranging from toiletries to banking.

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IT all started with a cream soap. Nearly six decades ago, Johannes Ferdinand Katuari and his friend, Harjo Sutanto, founded FA Wings in the suburbs of Surabaya. The home industry company produced cream soaps. Who would have thought that Wings would transform into a conglomerate. It is nvolved not just in toiletries but also food (Mie Sedaap), hotels and shopping malls (Grand Indonesia) and banks (Bank Ekonomi).

Its toiletry business is not limite

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