Mochtar riady biography of williams

There is only one person called The Magic of Bank Marketing, and that person is Mochtar Riady. He is the main brain behind the success of Lippo Group (which consists of Lippo Bank) and Panin Bank, a once small private bank that later became the competition of Bank Central Asia.

He was also once work at BCA and successfully brought the bank into one of the most successful private banks in Indonesia. Interestingly, he started his career without good knowledge in accounting.

The Beginning of Career

Mochtar Riady started his career as a small store owner in Malang, East Java, which belonged to his in-laws.

Mochtar riady biography of williams family

After turning the store into big store in just three years, he moved to Jakarta in 1954 to pursue his dream to become a banker. He first worked at a small office and then became partner with his friend in a small freight company.

Later, he bought Bank Kemakmuran with cheap price, since it was a small bank with financial problem, and became director there. However,