Helman Sitohang: Indonesia deserves IG rating

Indonesia’s sovereign credit rating does not reflect the country's progress since the Asian Financial Crisis, says Credit Suisse’s Asia Pacific CEO.
Helman Sitohang
Helman Sitohang

Indonesia’s sovereign credit rating does not reflect the country’s inherent strengths and the progress it has made since the Asian Financial Crisis says Credit Suisse’s Asia Pacific CEO, Helman Sitohang.

He is better placed than most to comment given his long experience based in the region, first in Singapore with Bankers Trust in the mid 1990s and then in Jakarta as country head for Credit Suisse from 1999.

Sitohang, who is half Czech and half Indonesian, has been Asian CEO for Credit Suisse since 2014 and believes the region’s infrastructure needs will propel growth over the next two decades.

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