Drs. Karsanto, M.B.A. obtained his Bachelor’s Degree in Economics from Diponegoro University, Semarang, and his Master’s Degree in Business from the New York Institute of Technology, New York, USA. He began his professional career at PT Bank Negara Indonesia (Persero) Tbk (BNI) where he had stints in BNI’s Singapore (1989), London (1992) and New York (1994) offices. Furthermore, Drs. Karsanto, M.B.A. also held positions as Regional Head in North Sumatra, and as Head of Policy and Risk Management Division at BNI’s Head Office. Drs. Karsanto, M.B.A. continued his career at PT Jamsostek (Persero) where he was appointed as its Director of Compliance and Risk Management, and as Director of Finance.