The global financial crisis has profoundly changed the shape of the global banking landscape. During this period, we have witnessed the nationalization of commercial banks, the demise of many investment banks and an unprecedented degree of industry consolidation.

Indonesian banks and finance companies have largely stood apart from these events. Nevertheless it remains an exceptionally challenging time for the Indonesian banking and finance industries — from volatile markets and increased funding costs to strategic cost cutting and heightened regulatory scrutiny.

In such an environment, protecting and growing shareholder value requires disciplined, customer focused and opportunistic financial institutions.

KPMG’s Indonesian Banking practice is leading in the marketplace, especially in providing services to international banks. In Indonesia, we audit majority of top foreign banks operating in Indonesia, some listed banks, joint ventures banks, and many well-known finance companies. Combining a strong local presence with access to a global network of banking professionals, KPMG Indonesia's Banking and Finance practice, is well placed to help our clients successfully navigate through these challenging times and capitalize on opportunities as they arise.

 

Our Head of Financial Services

Handrow Cahyadi
Head of Financial Services
KPMG Indonesia
Email: Handrow.Cahyadi@kpmg.co.id

Handrow is a Partner in Audit & Assurance Services at KPMG Indonesia, where he serves as the Head of Financial Services, Banking and Finance, and is the Investment Management Practice Leader. With nearly twenty years of experience at KPMG, in both New York and Indonesia, Handrow specializes in audit, attestation, and advisory services for a wide range of financial services companies. He is adept at handling complex technical accounting topics and frequently advises clients on IFRS 9, the new financial instrument accounting standard. Handrow continues to be a leader in IT Audit, Digital Transformation, and Data Analytics initiatives, developing and implementing audit D&A strategies while staying abreast of emerging technological trends to enhance audit and assurance practices.