BankersLab Blog

BankersLab® Announces Appointment of Rudy J. Rahardjo as Chief Executive Officer

Michelle Katics appointed Innovation Advisor

SINGAPORE, March 28, 2017 BankersLab®, an innovator in simulation workshops for the financial sector, today announced the appointment of Rudy J. Rahardjo as CEO. He succeeds Michelle Katics, Co-Founder, who will remain as its Chairman as well as CEO of PortfolioQuest, the firm’s spin-off and partner company.

For her post at PortfolioQuest, Katics will be focusing on the global roll-out and scaling of this new fully digital simulation product line. In addition, she will also take on the role of Innovation Advisor at BankersLab to help ensure that the two product lines continue to offer clients consistent value-added content and drive growth to the next level.

Rahardjo brings with him 24 years of experience in the financial services industry. He joins BankersLab from Computer Sciences Corporation (CSC) where he was the Industry General Manager for Banking & Capital Markets, responsible for developing new growth initiatives and driving new businesses across Asia, the Middle East and Africa.

“Rudy brings deep experience in building partnership channels and driving organic growth in a B2B setting. The impact of the early success of PortfolioQuest, and hence our need to bring Rudy on-board is a good problem to have,” stated Katics. “As a co-founder, often there is a growth stage when firing yourself as CEO is the best move you can make – I think we are an example of this lesson. It’s a bonus to see this example of local Singapore executive talent making the leap from the incumbent corporate sector to the innovation sector.”

“I am very excited to join BankersLab. It is a truly innovative company with a great product and a strong team,” said Rahardjo. “The product is aimed at solving a problem that all large banks face and it does it in a cost-effective, high quality way. I am thrilled over the prospect of working with this firm in an industry that I have come to know and love.”

BankersLab’s simulation workshop format courses have been bootstrapped since 2012. BankersLab acted as an incubator and investor of PortfolioQuest, which was spun off in 2015, with the intention of making the powerful simulation, currently used in the classroom, available on-demand from employees’ desks.

Nels Friets, BankersLab Advisor commented, “The BankersLab classroom simulation training has enjoyed global adoption, and is well positioned for the next phase of growth. We are pleased to have become a part of the financial sector’s workforce transformation. I believe Rudy’s experience will further boost growth at BankersLab and that Michelle will continue to provide innovation leadership, while also driving growth at PortfolioQuest.”



About BankersLab

BankersLab is leader in learning innovation, building “flight simulators” for FinTech and bankers. BankersLab integrates numerical simulation and the gamified classroom designed to ‘level up’ the expertise of financial industry professionals. Their products boast a global B2B client base of banks, credit unions, credit bureaus, training institutes and financial sector vendors. To date, BankersLab has trained participants from over 40 countries and in multiple languages. To learn more visit:

About PortfolioQuest

Founded in 2015, PortfolioQuest is a ‘virtual world’ training simulation platform configurable for every level across all functional areas of consumer, retail and P2P lending. Leader boards, competitions and progress metrics feedback players’ financial success and drive learning engagement. This powerful benchmarking tool provides early detection and troubleshooting of employees’ forecasting, decision-making and portfolio management skills. PortfolioQuest has offices in Singapore and San Francisco. To learn more visit:

For more information about BankersLab or PortfolioQuest please contact:


Joachim Leong:


BankersLab AdminBankersLab® Announces Appointment of Rudy J. Rahardjo as Chief Executive Officer