Executive Movement Round-Up
This week is full of surprises. The government, through the Ministry of State-Owned Enterprises (SOEs), reorganizes key persons in several major state companies. For instance, PT Bank Rakyat Indonesia Tbk decided to appoint Kartika Wirjoatmodjo as President Commissioner. The thing is Kartika previously served as the president commissioner of Bank Mandiri. A sign of state-owned banks consolidation?