In the wake of the Asian financial crisis in 1998, Danamon was placed under the supervision of the Indonesian Bank Restructuring Agency (IBRA) as a Bank Taken Over (BTO). In 1999, the Government of Indonesia, through IBRA, recapitalized Danamon with Rp32.2 trillion of government bonds. Within the same year Bank PDFCI, another BTO, was merged with Danamon as part of the restructuring program of IBRA. In 2000, Danamon completed another merger with eight other BTOs (Bank Tiara, Bank Duta, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Pos Nusantara, Jayabank International and Bank Risjad Salim Internasional). As part of this merger package, Danamon received a second recapitalization from the government through a capital injection of Rp28.9 trillion. As the surviving entity, Danamon emerged from the merger as one of the country’s largest private banks. Following the recapitalization and the merger, Danamon underwent further extensive restructuring involving the Bank’s management, employees, organization, systems, and corporate identity. The efforts succeeded in laying down new foundations and infrastructure for Danamon to pursue growth based on integrity, professionalism, transparency and responsibility. In 2003, Danamon was acquired by Asia Financial (Indonesia) Pte. Ltd., a consortium of Fullerton Financial Holding, a fully owned subsidiary of Temasek Holdings, and Deutsche Bank AG, which took a majority controlling stake.
Following an extensive review under new management, a new vision was introduced and a new strategy was developed with specific business models serving clearly defined market segments. In line with the new direction, in 2004 Danamon launched its Danamon Simpan Pinjam, a micro banking business, and diversified into consumer finance business via the acquisition of Adira Finance, one of the largest auto-finance companies in Indonesia. These initiatives were followed by rapid growth in the Danamon Simpan Pinjam network in 2005 and the acquisition of American Express Card business in Indonesia in 2006 that puts Danamon as one of the largest card issuers in the country.
Today, Danamon emerges as one of the largest and strongest financial institutions in the country. With over 50 years of experience, Danamon continues to strive to ‘make things happen’ for its customers – its brand promise. As of December 2009, Danamon ranked as the sixth largest bank by asset size in Indonesia, the fourth largest bank by market capitalization, and operates the second largest branch network with over 1,900 branch offices and outlets in the country.
As one of the leading financial institutions in Indonesia with more than fifty years of experience, Danamon invites young professionals with dynamic personalities, perseverance, and creativity, to join Danamon excellence team.
Commercial Management Trainee (Code: COMM-MT) - JAKARTA
Through intensive training program and dedicated, you will learn to be a representative bank in providing the best support for business through marketing loans and savings facilities.
Qualifications:
- S1 Degree from the faculty of Accounting, Management, Business Administration, Marketing, Civil or Industrial Engineering from private universities / leading the country;
- More preferably at least 1 year experience in the field of sales and marketing;
- Have a detailed business analysis capabilities and deep;
- Flexible in communication and has an extensive network of connections;
- Highly motivated and able to work individually or team;
- Willing to commit to the terms and conditions of the Program.
Submit an application accompanied by a photo current resume (no more than 1MB) and put the position code in subject line to:
titi.sitihajar @ danamon.co.id
Or put the position code on the application envelope and send to HR Recruitment:
HR Recruitment
UP: Mrs. Titi Sitihajar
Bank Danamon Indonesia Lt.4
Jl. Matraman Raya No. 52, Jakarta
