Bank Mandiri CEO Budi Sadikin wins CBFS Banking Visionary Awards 2015

(12 August 2015, JAKARTA) The Center for Banking and Financial Services will be awarding the CBFS Banking Visionary Award 2015 to Mr Budi G. Sadikin, CEO, Bank Mandiri for its leadership in creating an independent research institute (Mandiri Institute), organising important structural dialogues and its educational initiatives to achieve financial deepening with the objective of a stronger Indonesia. Visit for more info.

“Mandiri Institute (MI) aims to help the nation in building financial infrastructure as fast and powerful as the physical infrastructure, in the same pace as Bank Mandiri tries to provide new products in financial transactions, saving, lending and insurance in every corner of Indonesian villages and cities. MI also shapes the global and regional agenda according to the Indonesian perspective, as we need to be more active in the global agenda such as G20, APEC, IMF and World Bank forum. 

MI wants to stand differently with other institutions. MI wants to talk about movement rather than progress. MI wants to talk about connectivity rather than hierarchy. MI wants to talk about influence rather than authority. MI prefers action to work. MI wants to deliver an impact rather than giving advices. MI is expected to help fostering the engagement of all stakeholders in Indonesia (government, private sector and university) and to help shaping Indonesia’s agenda to the world in order to benefit the country. ”

Budi Gunardi, CEO, Bank Mandiri, 12 May 2014

Mr Rico Frans will be accepting the award on his behalf on 13 August 2015 at the Payments, Settlements and Remittances Asia 2015, Le Méridien Jakarta.

About the Center for Banking and Financial Services

The Center for Banking and Financial Services is an industry research centre bringing top executives together in communities of learning and practice to recognise professional excellence in global banking and financial services and channel top expertise to where the world needs it most. 

Visit for more info. 

Mobile Money Transfers Kenya 2016



Mobile Money Transfers 2016 Conference & Expo

15-16 September 2016 | Nairobi, Kenya


Leading the world in mobile money innovation


Mobile money transactions in Africa stood for 63 percent of the total value and Kenya alone accounted for US$ 13.2 billion. Of the 31 million mobile subscribers in Kenya, 83 percent (26 million users) are subscribed to mobile money services. Communications Commission of Kenya (CCK), April 2014).


The crux to m-money services is the ability to a) transfer funds from one handset to another and b) deposit and withdraw cash via a network of local agents.


But m-money can be used in many other innovative ways. In Kenya, these include including paying utility bills or school fees, making in-store purchases, m-ticketing, phone top-ups, withdrawing cash from ATMs, sending money home from 45 countries overseas, people even have their wages and stock dividends paid into their account. All of this is achieved without needing a bank account, bank card, a smartphone or a post-paid contract.


Safaricom’s M-PESA service was the pioneer of mobile money in Kenya – and worldwide. Starting only seven years ago, M-PESA now has a reported 18.2 million subscribers, which would give it 73 percent of total mobile money subscribers in Kenya and, according to Mobile Transaction, today one quarter of the 44 billion dollar economy in Kenya runs through M-PESA.


All other Kenyan operators and some banks also offer m-money services. Safaricom made more revenue from M-PESA than from SMS and data put together.


Safeguard your mobile money business. Attend Mobile Money Transfers 2016 (15-16 September 2016, Nairobi, Kenya) by emailing or call (US) +1-917-512-2878  | (UK) +44-207-193-6310 | (SG) +65-9835-7914 to register.


Book your exhibition spaces before they run out. Visit for more info!