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From the Dealing Room to the IBRA Throne

Monday, November 6, 2000

Edwin Gerungan, a banker very distant from the palace circle, was appointed as Chairman of IBRA. Market reaction has been positive and vocal critics in the DPR are being ignored.

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NOBODY really knows what he looks like and his name only very rarely comes up in conversation. Edwin Gerungan does however reflect an image of a genuine banker: he is economical in what he says and careful in his actions. Ever since his name appeared flashed onto internet media screens last Friday—not long after Agus Kartasasmita, the Chairman of the Indonesian Builders Association (Gapensi), announced that Gerungan was to be Cacuk Sudarija

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