Indonesia Investment Forum

Fauzi Ichsan

Chief Executive Officer

Indonesia Deposit Insurance Corpoartion (LPS)


Fauzi Ichsan is member of the board of commissioners and CEO at the Indonesia Deposit Insurance Corporation (IDIC), appointed by presidential decree in December 2014. The five-member IDIC board is responsible for insuring bank deposits, managing over $4.5bn of financial assets, as well as taking over or liquidating troubled commercial banks. Before joining IDIC, Fauzi had been managing director, senior economist and head of government relations, at Standard Chartered Bank (SCB) in Jakarta, Indonesia. Joining the bank in 2001, he served global and local financial and corporate clients, as well as providing economic and market views to the Vice President of Indonesia, Minister of Finance, Bank Indonesia Governor and parliamentary commission XI on banking and finance. Between 1998 and 2000, he had been senior economic adviser to the British ambassador Sir Robin Christopher in Jakarta, where he evaluated the effectiveness of the IMF program in Indonesia, a period of economic crisis. He entered the financial markets by joining Citibank Jakarta in 1995, as a treasury economist and later became head of the bank’s fixed income sales desk. He relocated to Citibank Singapore in 1997 to become a bond trader, before and during the Asian financial crisis, when he helped coordinate investor efforts to settle cases of Indonesian bond defaults. He started his career in 1991 at Indonesia’s Ministry of Finance, as an analyst at the Harvard Institute for International Development, an advisory team to Finance Minister. Fauzi wrote articles for Kompas and Bisnis Indonesia, while his comments were quoted by domestic and international media, including Reuters, Bloomberg, Jakarta Post, Asian Wall Street Journal, Financial Times, Business Times, CNBC, CNN and BBC. He received a master degree from Massachusetts Institute of Technology (MIT) in 1995 and a bachelor degree from London School of Economics (LSE) in 1991.


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Tue 22 Mar 2016

Mandarin Oriental, Jakarta