Management Muamalat
Management Muamalat
Board Of Commissioners
Anwar Nasution
President Commissioner

Indonesian citizen, born in Sipirok, Tapanuli, on August 5, 1942. In 1968, graduated from the Faculty of Economics, University of Indonesia; in 1973, Master of Public Administration from the Kennedy School of Government, Harvard University - Massachusetts, USA; in 1982, Ph. D in Economics from Tufts University, Medford, Massachusetts, USA. Specialization in the field of Applied Macroeconomic Theory, Monetary Economics and International Economics. 

Dr. Anwar Nasution is Professor Emeritus of Economics at the University of Indonesia in Jakarta, Senior Fellow at the Jeffrey Cheah Institute of Southeast Asia, Sunway City, Kuala Lumpur, Malaysia.

One of the member of the International Advisory Group (Shadow-20) in 2013 under the leadership of Professor Jeffrey Sachs of Columbia University, Economics Institute Specialist in SEADI Project, Nathan Associates, Inc., in Jakarta (2011-2013); Chairman of the Audit Board of Indonesia (2004-2009); Senior Deputy Governor of Bank Indonesia (1999-2004) and Dean of the Faculty of Economics (1988-2001). Outstanding Professor Sasakawa and as chairman of the Economic Development at UNU/WIDER Institute in Helsinki, Finland, and Adjunct Professor of Economics at the University of Helsinki and Tampere in 1995-1996. Visiting Research Associate, and the NBER in Cambridge, Massachusetts, USA, IDE in Tokyo, Research School of Pacific to study, ANU in Canberra, Australia, and Kyoto University, Kyoto, Japan.

As a consultant to UN-ESCAP, UN-ECLAC, US-AID, ADB, World Bank, IMF and MITI of Japan and is a member of the American Economic Association, the American Committee on Asian Economic Studies (ACAES), Indonesian Economists Association, and East Asia Economic Association. Professor Nasution holds editorial positions in the Bulletin of Indonesian Economic Studies (BIES) published by the University of Australia, Canberra, Journal of Asian Economic Studies (published by ACAES) and Journal of Asian Economics.

His research works have been published in many economic journals and by a number of publishers, such as ISEAS Singapore, RoutledgeCurzon, University of Chicago Press, University of Michigan Press, Praeger, Maruzen, McMillan and Lynne Rienner Publishers, OECD and Oxford University Press. His publications include: “Financial Institutions and Policies” (Singapore: ISEAS, 1983); With W.T. Woo, “Behavioral Economic Policy in Indonesia and Its Impact on Foreign Debt” in the JD Sachs (ed.), Debt of Developing Countries and the World Economy, (Chicago University Press, 1989); With WT Woo and B. Glassburner, “Macroeconomic Policy, Crisis and Long-Term Growth in Indonesia, 1965 - 1990” (Washington, DC: World Bank, 1994); With S. Griffith-Jones, M.F. Montes, “Short-term Capital Flows and Economic Crisis” (Oxford: Oxford University Press, 2000) and “Global Savings-Investment Imbalances: What Role for East Asia,” Asian Economic Papers 6-2, pp 1-13 (August 2007), his edited book titled Macroeconomic Policies in Indonesia After the Financial Crisis in 1997, in 2014 published by Routledge Singapore both hard and soft cover.

Served as President Commissioner of PT Bank Muamalat Indonesia Tbk since appointed in the Annual General Meeting of Shareholders on 23 June 2014 and obtain effective decision from the FSA dated November 19 , 2014.

Iggi H. Achsien
Independent Commissioner

Indonesian citizen, born in Indramayu, February 3 1977. Obtained his Bachelor’s degree from Faculty of Economics University of Indonesia the best in class with Cum Laude. He has completed Global Leadership Executive MBA at SBM ITB and Aalto University, Finland. He has experience in financial industry in sharia banking sector, capital market as well as insurance. Actively involved in sharia financial industry and known as pioneer in the issuance of Sharia Bonds (Sukuk) in Indonesia with the initial issuance of Indosat Sharia Mudharabah Bonds in 2002. Also involved with Ministry of Finance in the process of Government Sukuk issuance in 2008.

Served as Independent Commissioner of PT Bank Muamalat Indonesia Tbk since appointed in the Annual General Meeting of Shareholders on 23 June 2014 and obtain effective decision from the FSA dated November 25 , 2014.

Abdulsalam Mohammad Al-Saleh*)

Kuwait citizen. He was born in Kuwait, April 25, 1966. He holds a Bachelor of Business Administration in the field of the University of Kuwait. He has served in various positions one as a Regional Manager at National Bank of Abu Dhabi, Kuwait, from October 2005 until September 2012. Furthermore, several strategic positions which he held until today including Board Member at Boubyan Takaful Insurance (a subsidiary in Boubyan Bank) and Vice Chairman of Boubyan Capital (a subsidiary in Boubyan Bank) since 2013, in addition to the post of Board Member at United Capital Bank (Sudan - Khartoum) have also been held since 2014, and as Deputy Chief Executive Officer in Boubyan Bank since 2012 . He was appointed at the Annual General Meeting on March 30, 2017 and is still awaiting approval from the Fit and Proper Test Test FSA.


*) Effective after pass Fit and Proper Test from FSA

Mohamed Hedi Mejai*)

French citizens, 48 years old. Having various educational degrees including Private Equity & Venture Capital for Executive from Harvard Business School, he graduated from IDB Management Development Program from London Business School, holds a Master of Business Administration from a management school in France named EDHEC, and holds a Master of Science degree in International Economic and Legal Studies from London University.

From August 2005 to May 2010 he served as Executive Director Investments and Business Development, International Investment Bank (IIB) in Manama, Kingdom of Bahrain. In the same year of 2010, he was entrusted to lead the company as Chief Executive Officer and Board member for Oryx Capital Ltd, based in Dubai. From August 2011 until now, he still serves as Director of Investment Department at IDB.


*) He was appointed at the Extraordinary General Meeting of Shareholders (EGMS) on September 20, 2017 and currently he is waiting for a submission for fit and proper test from Financial Service Authority (FSA).

Edy Setiadi *)

Indonesian citizen, 60 years old. Studied at Padjajaran University in Bandung majoring in Faculty of Animal Husbandry,  and graduated in 1981. He continued his study at Ohio University and earned his Master of Agriculture Economics degree and graduated in 1991.

He has more than 20 years of experience in the financial services sector in Indonesia, since 1997 to 2000 he held a position with placement in a representative office of Bank Indonesia located in Tokyo, Japan. Returning to Indonesia in 2000, he continued his career at Bank Indonesia until December 2013. Within 13 years, he was trusted to lead various strategic positions at Bank Indonesia, beginning as an Executive Analyst in Human Resources (2000-2001) and he served as Human Resources Division Head in 2001-2002, then he led the entire Human Resource Department with a position as Executive Human Resources Officer for 2 years (2002-2004). From 2004 to 2007 his career continued to rise and served as Director of Sharia Banking, continued as Human Resources Director in 2007 to 2010, Director of Credit, Rural Bank and SME (2010-2012), and his last position at Bank Indonesia was as Executive Director Syariah Banking from 2012 to December 2013.

At the beginning of 2014 until now, he pursued his career in an independent financial services agency, the Financial Services Authority (FSA). Active as Head of Department Sharia Banking (January 2014 - April 2015), and served as a Deputy Commissioner for Non Bank Institutions from April to December 2015, and currently serves as a member of the Deputy Commissioner for Non Bank Institutions 1 in Financial Service Authority.

*) He was appointed at the Extraordinary General Meeting of Shareholders (EGMS) on September 20, 2017 and currently he is waiting for a submission for fit and proper test from Financial Service Authority (FSA).