Eugene Galbraith has been president commissioner of the biggest private sector bank, PT Bank Central Asia, since it was bought from the Indonesian Bank Restructuring Agency in April 2002 by a joint venture between the US investment fund Farallon Capital and Indonesia’s Djarum cigarette group.
“The opportunity that foreigners like us see in Indonesia now is that the downside from where we were buying in was fairly limited and the country offers tremendous opportunities because of its size, its rich natural resources, and the diversity and skills of its population,” he says.
