PT Bank Danamon Indonesia Tbk has appointed Sng Seow Wah as president director. In the new role, Wah will replace Henry Ho, who is retiring after five years. Wah has most recently been working with Alliance Bank Malaysia, where he was the group chief executive.

Bank Danamon also appointed Muliadi Rahardja as vice president director. Rahardja, who has been with the bank since 1989, is a member of its board of directors.