Managing Director & Senior Partner
Jakarta
Ernest Saudjana is the head of Boston Consulting Group in Southeast Asia. He joined BCG in 2006, and has led the firm’s Financial Institutions (FI) practice in Asia Pacific. He has worked with major institutions, technology attackers, and regulators in Southeast Asia and the US. His work covers strategy, corporate-wide transformation, and new business build, and has driven significant impact and innovation in the financial services industry throughout Asia Pacific and beyond.
Ernest was seconded to work with the World Economic Forum in New York on the Emerging Market Financial Services Project. While there, he helped launch the project’s report, Redefining the Emerging Market Opportunity, which explored how to facilitate private sector innovations to promote expansion of financial services, particularly corporate bonds, SME financing, and financial inclusion in the consumer space.
He was also selected by the World Economic Forum to the Global Shapers Community, becoming the curator of the Jakarta hub in 2014-2015, and was selected to sit on the United Nation Shapers Sustainable Development Council, collaborating with the UN on driving implementation of the UN's Sustainable Development Goals in various countries.
Over his nearly two decades with the firm, Ernest has amassed a wealth of experience working with clients from diverse industries. These include leading significant projects like the large-scale transformation of a major regional bank in Southeast Asia, and building a major fintech attacker. His expertise extends to organization, talent management, portfolio management, and new business strategy, areas in which he’s supported Indonesian family businesses. His work now spans Asia Pacific, reflecting a broadened focus to support clients in a wider regional context.
Ernest served as Vice Chairman for the Publicity and Awards committee of the Badminton Asia Confederation. He is fluent in English and Indonesian.
The wholesale banking business ecosystem faces numerous challenges and disruptions in its value chain—navigating an evolving regulatory framework, reducing costs, optimizing capital, and developing sustainable finance and investing practices.