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TPG chooses Jerry Ng as new head of Indonesia, Southeast Asia advisor

16/10/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityPrivate equity firm TPG has appointed Jerry Ng as its new head of Indonesia and special advisor for Southeast Asia. Ng's main task will be to source and manage investments primarily in the financial services sector in Indonesia and the rest of Southeast Asia.

Ng has been active in the financial services industry of Indonesia for over 20 years, both in the private and government sectors. Most recently, he served as deputy president director of PT Bank Danamon Indonesia.

Prior to that, Ng worked as commissioner and deputy president director at PT Bank Central Asia and held senior management positions at Citibank and in the financial services division of the Astra International conglomerate. He was also deputy chairman of the Indonesian Banking Restructuring Agency.

TPG, founded in 1992, began investing in Asia in 1994. The firm currently has approximately $30bn of assets under management. It is headquartered in Fort Worth, and has offices in San Francisco, London, Hong Kong, New York, Minneapolis, Melbourne, Menlo Park, Moscow, Mumbai, Shanghai, Beijing, Singapore and Tokyo.

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