Mr. Thomas Lembong was appointed as the Minister of Trade of the Republic of Indonesia in August 2015. Prior to his appointment, Mr. Lembong served as Managing Partner and CEO of Quvat Management, a Singapore-based private equity fund with investments in Indonesia, Singapore and Malaysia. Founded in 2006, Quvat manages funds for several leading American universities endowments as well as Asian and Middle-Eastern sovereign wealth funds. Prior to co-founding Quvat, Mr. Lembong had extensive experience from the financial sector, working amongst others for Deutsche Bank and Morgan Stanley. From 2000-2002, Mr. Lembong was also a Senior Official at the Indonesian Bank Restructuring Agency (IBRA), a government - led economic program set up to restructure Indonesia's banks and private sector non-performing loans following the 1997/98 Asian Financial Crisis. Mr. Lembong holds a bachelor’s degree in Architecture and Urban Planning from Harvard University. Mr Lembong was named a Young Global Leader (YGL) by The World Economic Forum (WEF) Davos in 2008.