The Banker vs the Economist

Agus Martowardojo aims to turn Bank Mandiri into a model financial institution. Raden Pardede dreams of placing Indonesia in the top-five world economic powers by 2030. Who will be victorious?

AGUS MARTOWARDOJO

IN May 2005, he replaced E.C.W. Neloe as President Director of Bank Mandiri. At the time, the largest bank in Indone­sia was in a total mess. Net non-performing loans (NPLs) reached 15.4 percent, far exceeding the limits set by Bank I

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