In terms of asset value, could be a regional development bank (BPD) are losing big than most other commercial banks. However, the difficulty level of management, almost certainly, the BPD has a level of complexity that is much more challenging, Managing Director of Bank of North Sulawesi Jeffrey J Wurangian also likens it to manage the bank is like a taxi driver. When the driver was working solely for the pursuit of deposit, then he`ll drive a taxi in vain. Would be different if the cab driver, was told, `in five years this taxi belongs to you`. Surely he was driving a taxi in a different way. This is because he would feel to be the owner. Something like that is the illustrations, "said the man born in Manado, 1954, on the Investor Daily Forum themed "Time to Go Public BPD Bank" in Jakarta, Thursday (7 / 4). Jeffry reveals, the number of shareholders are many with BPD only status as ex-officio. BPD shareholders, are the regents, mayors and governors, who can changed because the term of office runs out. "Uniquely, the owner of BPD is not eternal. Therefore, governors, regents, and the mayor was only until a certain period. This characteristic we need to know, unlike in other commercial banks," said he who had worked in a number of banks, such as HSBC Indonesia and PT Bank Danamon Indonesia Tbk. This changes, he said, makes sense of belonging to the company to be not as deep as well as having other commercial banks. Moreover, for the Bank of North Sulawesi, there are 35 shareholders consisting of 33 regents and mayors and two governors, the governor of North Sulawesi and Gorontalo. "Well you can imagine. one plicy just made, next week has changed. This will certainly affect the operations of the Bank." said the doctorate in economics graduate at Merdeka University, Malang. In fact, continued Jeffrey, sense of belonging is something very important in managing the bank. Small big feeling, will largely determine the size of the seriousness of a person in managing the Bank. However, despite facing many challenges, so far Jeffry never lost sense to create innovation. In an effort to overcome the problem of funding for instance, he dared to make a breakthrough by opening a branch office on the island of Java. "We set up about 5-6 branches in Java and in 2010 the six office proved able to collect deposits worth Rp.900 billion out of a total of Rp 2.09 trillion," he explained.Bank Sulut is also preparing to go public this year. In addition to mobilizing funds. according to Jeffery, Bank of North Sulawesi being go public  is to be more transparent, accountable, and professional. "That`s our vision. So, other than pursuit of business growth, we are pursuing good corporate governance. With Bank Sulut performance at this time, we believe the IPO will be successful. We also believe that going public purpose will be achieved," he said by: Nasori and Thomas E Harefa; Pict: David Gita Roza