Japan citizen. Domiciled in Indonesia. Joined PT Bank Danamon Indonesia Tbk (Bank Danamon) as Director on March 2018 and later appointed as President Director of Bank Danamon in the Bank’s EGMS on 1 October 2019.
Qualifications / Education Background
Graduated with a Bachelor of Laws degree from Kyoto University in 1987.
Before joining Bank Danamon, Itagaki was the Managing Executive Officer and Deputy Chief Executive of the Global Commercial Banking Business Unit of MUFG Bank and Executive Officer of MUFG. Prior to his position above, Itagaki was the General Manager of the Global Planning Division where amongst his many roles; he was responsible for strategic planning in support of the Bank’s global expansion. Over the course of his career with the firm, Itagaki has held a number of important roles with increasing levels of responsibility. Itagaki was based in Singapore from 2013 to 2015 where he set up the Bank’s regional headquarters for Asia & Oceania and assisted the Regional CEO in developing and executing key strategic initiatives for the region.
Among the many important contributions of Itagaki to the development of MUFG’s business platform, he designed grand picture and strategized ASEAN commercial banking network. Throughout his career at MUFG, Itagaki has played a significant role in the strategic partnership into Krungsri, Security Bank, VietinBank, and Bank Danamon in ASEAN region.
Other leadership positions held by Itagaki included Chief Manager of the Global Planning Division of MUFG Bank, where he was involved in the privatization of Union Bank of California and led the execution process of MUFG’s strategic investment in Morgan Stanley during the global financial crisis. Itagaki began his career with the Bank of Tokyo in 1987.
Roles and Responsibilities
Itagaki leads the Board of Directors of Bank Danamon and oversees the Bank’s overall business and operations which includes: Consumer & SME Banking, Enterprise Banking, Micro Banking, Sharia Banking, Global Collaboration, Transaction Banking, Treasury & Capital Market, and Branch Network. He also oversees the Bank’s Human Capital, Integrated Risk, Finance, Information Technology, Operations, Compliance, Corporate Secretary, Legal, Operations, Internal Audit, and the Bank’s subsidiaries.