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Transforming leadership in a changing world

We look for leaders who are able to pick the trends that will have significant impact on how banks and the financial services industry operate and to harness the resources and creativity of management to turn such challenges into opportunities to differentiate themselves in the marketplace

August 29, 2019 | Foo Boon Ping

In our search for the leaders who best exemplify the future of the financial services industry that is being dramatically transformed by regulation, technology and new business models, we look for leaders who have the vision to navigate the challenges that confront their individual organisations and the industry as a whole. We also look for leaders who understand that banks and bankers occupy a position of trust and confidence, and that this is constantly under siege.

We look for leaders who are able to pick the trends that will have significant impact on how banks and the financial services industry operate and to harness the resources and creativity of management to turn such challenges into opportunities to differentiate themselves in the marketplace. Often this requires a deep transformation of mindset.

In this issue, we profile Agus Martowardojo, president commissioner of Tokopedia, and former finance minister and central bank governor of Indonesia who was awarded the William “Bill” Seidman Award for Lifetime Achievement in Leadership in the Financial Services Industry in 2019.

He is one of the key architects of the modern Indonesian economic and financial system. A career banker turned technocrat, he joined the Indonesian cabinet as finance minister in the aftermath of the global financial crisis and was instrumental in guiding the economy through its structural reform and laying the groundwork for its subsequent transition into a digital economy.

He was recently appointed chairman of the board of the country’s largest technology “unicorn”, Tokopedia. The local ecommerce giant has just reached its 10th year of operations and started a new growth phase by developing its ecosystem into infrastructure-as-a-service (IaaS) to empower and strengthen Indonesia’s digital economy.

We also profile Ping An Bank’s chairman Xie Yonglin, the winner of the Leadership Achievement in Asia Pacific. The bank has perhaps on...

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