Danantara has merged four state-owned enterprise (SOE) asset management companies into a single entity under Mandiri Investment Management as part of its efforts to strengthen the transformation of state asset management. The decision was made during a meeting on Tuesday (07/07).

Mandiri Investment Management Named the Surviving Entity

The four companies involved in the merger are PNM Investment Management, BNI Asset Management, BRI Investment Management, and Mandiri Investment Management. Mandiri Investment Management will become the surviving entity.

The consolidation is part of an effort to build a more integrated, efficient, and professional asset management platform to optimize the value of state-owned assets.

Danantara Says Merger Will Strengthen Asset Management

The meeting was attended by Danantara Chief Executive Officer and Minister of Investment and Downstream Industry/Head of BKPM Rosan Roeslani, Danantara Chief Operating Officer and Head of BP BUMN Dony Oskaria, and Danantara Chief Investment Officer Pandu Sjahrir.

During the meeting, Danantara's leadership agreed that merging the four SOE asset management companies is a strategic step to strengthen the institutional structure and asset management under Danantara.

According to Dony Oskaria, the streamlining process is not the final objective.

"Streamlining is not the end goal. The most important thing is how the reorganized SOE assets can be managed more optimally, more productively, and truly create added value for the country," he said.

Consolidation Expected to Increase State Asset Value

Through the merger, Danantara will have the largest asset management company in Indonesia. The company is expected to integrate asset portfolios, strengthen capabilities and governance, improve management efficiency, and increase investment attractiveness.

The consolidation is also expected to optimize the use of state-owned assets so they can generate greater added value and contribute more to national development.

By establishing the country's largest asset management company, Danantara said it is reaffirming its commitment to building a more integrated, professional, and value-oriented state asset management system.

The initiative is expected to increase the productivity of SOE assets, strengthen investor confidence, and provide a greater contribution to national economic growth.

PHOTO: DANANTARA

This article was created with AI assistance.

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