DFC Announces New Regional Managing Director to Lead Regional Operations from Jakarta

Jakarta, Indonesia - The U.S. International Development Finance Corporation (DFC) today announced the arrival of Adrian Bastien, DFC's Regional Managing Director for Jakarta. Bastien's arrival underscores DFC's mandate to mobilize private capital globally, including in the Indo-Pacific region, to advance U.S. national interests, expand economic opportunity, and secure returns for American taxpayers.

The arrival of the new Regional Managing Director further reflects the agency's expanded mandate following its recent reauthorization, which increased DFC's investment capacity from $60 billion to $205 billion and expands geographic reach to more countries in the region for transactions within priority sectors. These enhanced authorities allow DFC to pursue a wider range of commercially sound investments while continuing to advance economic development and U.S. foreign policy priorities. The regional presence strengthens DFC's ability to originate transactions, partner with the private sector, and support high-impact investments across the Indo-Pacific.

In this role, Mr. Bastien will oversee strategic financing initiatives that support U.S. foreign policy priorities and promote economic growth across the Indo-Pacific region.

"DFC is strategically positioned to unlock new opportunities that strengthen global partnerships and address critical economic development challenges in regions of strategic importance to the United States. There is strong potential to expand infrastructure, reinforce supply chains, and build deeper economic ties in the Indo-Pacific that promote lasting prosperity. I am committed to advancing initiatives that draw private investment, deliver value to the American people, and uphold U.S. strategic interests worldwide," said Adrian Bastien, Regional Managing Director.

Mr. Bastien brings nearly 20 years of international finance experience to this role. At DFC, he structured and executed the 2021-2022 loan guaranty, alongside JBIC, in support of the Export Finance Australia's direct debt financing to Telstra for its acquisition of Digicel Pacific's cellular assets in East Asia and the Pacific Islands. This landmark transaction expanded the region's telecommunications capacity and strengthened its economic resilience. Together with our partners, Telstra secured a total of $1.33 billion in financing.

DFC's current investment portfolio in the Indo-Pacific is approximately $6.1 billion, and we continue to welcome Indonesian efforts to attract high-quality investment in vital sectors such as energy, information, and communications technology as the agency delivers on the U.S. government's economic and diplomatic priorities in the region.

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The U.S. International Development Finance Corporation (DFC), established in 2019 with bipartisan support under President Trump, is the international investment arm of the U.S. Government. DFC partners with the private sector to advance U.S. foreign policy and strengthen national security by mobilizing private capital around the world. DFC invests across strategic sectors including critical minerals, modern infrastructure, and advanced technology - fostering economic development, supporting U.S. interests, and delivering returns to American taxpayers.