Agus Dermawan Wintarto Martowardojo is the current Finance Minister of Indonesia, since May 20, 2010 and former CEO of Bank Mandiri. He succeeded former minister Sri Mulyani Indrawati, who was resigned from the office and taking position as Managing Director of the World Bank Group.
Agus was born in Amsterdam, the Netherlands, on January 24, 1956. After graduating from University of Indonesia's School of Economics, Jakarta, in 1984, he became an international loan officer at the Indonesian branch of Bank of America. Agus has a long career as one of top bankers in Indonesia. Previously he was Chief Executive Officer of Bank Mandiri, the largest bank in Indonesia, in 2005-2010. He was also former President Director of Bank Bumiputera in 1995-1998 and President Director of Bank Ekspor Impor Indonesia in 1998-1999.
His performance as head of Bank Mandiri was considered successful, as he slashed non-performing loans and raised the bank's profile among international investors. He also increased profits in the banks. In 2008 for example, the bank paid $418m in dividends to the stockholders. He was also instrumental in helping the Finance Ministry in recovering Rp 1.23 trillion (US$133.15 million) of state money from Tommy Soeharto, son of late former president Soeharto.