Indonesia Wealth Fund Appoints Mandiri Banker as CEO The appointment of Eka Saptoko, a veteran banker from PT Bank Mandiri, as chief executive officer (CEO) of Indonesia's wealth fund has sent ripples through the country's financial circles.
This move marks a significant shift in the management of the Indonesia Investment Authority (INA), which plays a crucial role in Indonesia's economic development. What's Behind Indonesia's Wealth Fund Appointment?
The INA was established in 2021 to oversee and manage a portfolio of state owned assets, with an initial capitalization of approximately $40 billion.