StanChart appoints new CEO for Indonesia
STANDARD Chartered has appointed Shee Tse Koon as its chief executive officer for Indonesia, replacing Tom Aker, who is retiring after 20 years.
Mr Shee, a Singaporean aged 44, took charge yesterday. He was previously head of governance for the bank's West region, comprising Europe, the Middle East, Africa and the Americas.
In his new role, he will be responsible for growing the bank's Indonesia operations. He said: "The fundamentals of Indonesia are very robust in terms of underlying drivers of economic growth, the demographics of the country and natural resources."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US dollar soft on renewed Fed rate cut bets; yen on back foot
Possible class action lawsuit against Cordlife by customers could take at least 2 years
SAP extends CEO Klein’s contract until 2028
Paragon Reit posts 3% rise in Q1 gross revenue to S$73.8 million
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Singapore Airlines orders 1,000 tonnes of sustainable aviation fuel from Neste