Brodjonegoro's remarks were part of an explanation regarding the organizational structure of Danantara, which is managed by several officials holding multiple roles.
"Ideally, managing such a large company (Danantara) requires a commitment of time and a dedication to truly running the company well," he remarked while speaking to reporters at the Digital Economy Forum 2025 here on Tuesday.
The leadership of Danantara is currently led by Minister of Investment and Downstreaming Rosan Roeslani, who holds the position of Group CEO.
Rosan will be supported by Deputy Minister of State-Owned Enterprises (SOEs) Donny Oskaria as Chief Operational Officer (COO) and Pandu Sjahrir as Chief Investment Officer (CIO).
Minister of SOEs Erick Thohir has been appointed as Chairman of Danantara's Supervisory Board alongside Vice Chairman Muliaman Hadad.
In addition to emphasizing the need for commitment within Danantara's management structure, he also expressed his support for transparency in the management.
"Oh yes, it needs to be clear, and there must be a process of transparency for educating about this, as some sentiments may have arisen because this (Danantara) is new for Indonesia," he explained.
Transparency in managing Danantara is expected to ensure that the management of state investments adheres to the principles of good governance, as outlined in the Santiago Principles, which serve as standards for Sovereign Wealth Funds (SWFs) in various countries.
Danantara, which was launched by President Prabowo Subianto on February 24, will manage assets of over $900 billion, with an initial projected fund of $20 billion.
This agency will function as Indonesia's Sovereign Wealth Fund (SWF) to manage national investments.
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Translator: Bayu, Kenzu
Editor: Rahmad Nasution
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