The Danamonian revolution

With its sale to Temasek and Deutsche last year, the creation of a stunning new banking model is underway. We speak to Bank Danamon?s revolutionary CEO.

Francis Rozario, the new President Director of Bank Danamon, is a man with a mission. A 29 year veteran of Citibank, who ran the global SME business line, he is now imposing his unique vision on Danamon. The results have already started to show. The net income of the bank was up 72% in 2003 to $181 million, and with a fresh infusion of equity from Temasek and Deutsche the bank was greatly strengthened. Here Rozario tells us about the...

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