Deutsche Bank, Citi change Indonesia teams

Kunardy D Lie has moved from Citi to the German bank as country head, while Gioshia Ralie replaces him at the US bank in an internal move.
Kunardy Lie
Kunardy Lie

Deutsche Bank and Citi have reshuffled their Indonesian leadership at a sensitive time as elections continue to grip the Southeast Asian country.

Kunardy Lie has moved from Citi to the German bank as its chief country officer for Indonesia, with Gioshia Ralie replacing him at the US group in an expanded role as global banking head, where he will run Indonesian corporate and investment banking.

Lie was managing director and head of corporate and investment banking for Citi in Indonesia. His move to Deutsche Bank is effective immediately.

He replaces Suresh Narang, who retired from Deutsche Bank at the end of March after 27...

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