JAKARTA (TheInsiderStories) - Pahala N. Mansury, former director of state owned Bank Mandiri, has been appointed as the new President Director of national flag-carrier PT Garuda Indonesia Tbk (IDX:GIIA), replacing Arif Wibowo. His appointment was approved by the company’s shareholders annual meeting on Wednesday (Apr 4).
The appointment of Garuda’s new CEO was announced by President Commissioner of Garuda Indonesia Jusman Syafii Djamal after the company’s shareholders meeting. Arif was appointed as CEO of Garuda on Dec. 12, 2014, replacing Emisyah Syatar who resigned on Dec. 8, 2014.
Pahala became director of Bank Mandiri in 2010, after holding a post as EVP Coordinator Finance & Strategy and Chief Financial Officer.
Pahala, born in 1971, earned his undergraduate degree at University of Indonesia and MBA on Finance from Stern School of Business at New York University.
He joined Bank Mandiri in 2003 and played significant contribution to the bank’s restructuring process. Before joining Mandiri, Pahala was a consultant at Booz Allen & Hamilton and Boston Consulting Group. (*)