Cuba’s unlikely banking pioneer

Urbane and well-groomed, career banker Dave Seleski is an unlikely revolutionary. Tiny by US standards, with assets of around $3 billion, Seleski’s Stonegate Bank has found itself in the extraordinary position of being the only US bank to be authorized by both Washington and Havana to do business in Cuba. … read more >>

Ashraf Wathra ushers in a new era for Pakistan

Ashraf Wathra is a different choice as head of the State Bank of Pakistan. An outsider brought in to the inner sanctum of monetary policy, he is keen to promote market-based reforms, boost the banking sector and break the reliance on the IMF. Can he profit from the new positivity … read more >>

Mulyani rides to Indonesia’s rescue (again)

Indonesians well remember the moment when their popular finance minister Sri Mulyani Indrawati unexpectedly resigned her post in 2010, defeated by the country’s venal money politics, her reform work unfinished. It was a dark time, as Indonesians fretted that their most trusted public official had been crushed and, with her … read more >>