ABERDEEN Standard Investments (ASI) has named Omar S. Anwar as country head and head of distribution for Indonesia. He has also been appointed as the president director of PT Aberdeen Asset Management, a subsidiary of Aberdeen Asset Management in Indonesia.

Based in Jakarta, Anwar will be responsible for developing business and distribution strategies to drive the growth of Aberdeen Standard Investments in Indonesia. He will lead a 32-strong team across Jakarta, Bandung and Surabaya, reporting to Ian Macdonald, ASI’s Singapore-based deputy head of Asia Pacific. Anwar replaces Sigit P. Wiryadi who retired in March 2018.

Macdonald says: “The appointment of Omar underpins our commitment to our clients in Indonesia. We are dedicated to building on the solid foundations we already have in place as we look to develop a leading asset management business in the country.”

Anwar brings with him over 30 years’ track record of leadership in Indonesia’s financial services industry. He was most recently executive chairman at Nomura Securities Indonesia, where he oversaw its investment banking and capital markets businesses. Prior to that, he held senior management positions as well as sales and investment product development roles at leading financial and non-financial institutions in Indonesia, including Trimegah Securities, Bank Mandiri, ABN Amro Bank, Citibank, Pertamina and Rio Tinto.