OLIVER WYMAN STRENGTHENS INDONESIA CAPABILITIES WITH SENIOR APPOINTMENT

JAKARTA,Indonesia,Aug. 14,2023 -- Global management consultancy,Oliver Wyman,today announced the addition of Erik Koenen as a Partner based in Jakarta. With his extensive experience in the Financial Services sector,Erik will collaborate with Oliver Wyman's Southeast Asia leadership team to enhance the firm's offerings in Indonesia.

This strategic move represents Oliver Wyman's commitment to further invest in the Indonesian market. Currently serving a diverse range of clients in the Financial Services,Energy and Natural Resources,and Transportation sectors,the firm aims to deepen its capabilities in Indonesia,specifically in the areas of Digital Transformation (including AI and Advanced Analytics),Climate and Sustainability,Business Performance Improvement,and Enterprise Risk Management.

Seo Young Lee,Partner and Head of Southeast Asia,said: "Indonesia's robust economic growth[1] and promising outlook have driven demand for Oliver Wyman's expertise as businesses recover from the pandemic. The addition of Erik to the team,at this inflection point positions us well to meet these growing client needs in Indonesia and the region."

Erik added: "I have always admired Oliver Wyman and its talented people,who approach challenges with humility and focus,to help organizations navigate complex and unprecedented issues. In Indonesia,I aim to further strengthen the firm's local strategy and commitment to provide insightful guidance,work alongside our clients,and deliver breakthrough impact."

With over 25 years of experience,including 16 years in Indonesia,Erik has held senior positions in prominent technology conglomerates,consulting firms,and banks. Prior to joining OliverWyman,Erik worked at Google Cloud,where he led the technology strategy targeted at the largest population of digital natives in Southeast Asia.

About Oliver Wyman

OliverWyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries,Oliver Wyman combines deep industry knowledge with specialized expertise in strategy,operations,risk management,and organization transformation. The firm has more than 6,000 professionals around the world who work with clients to optimize their business,improve their operations and risk profile,and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

For more information,visit www.oliverwyman.com. Follow Oliver Wyman on Twitter/X@OliverWyman.

[1]CNBC (Feb 6,2023) Indonesia's 2022 GDP growth races to a 9-year high on resource boom