Heaptalk, Jakarta — Rosan Roeslani, CEO of Danantara, confirmed that 844 state-owned enterprises (SOEs) and their subsidiaries are now part of the sovereign wealth fund (SWF). “Since its launch, we’ve moved swiftly. As of March 21, all 844 SOEs have officially become assets under Danantara Indonesia,” he stated on Tuesday (04/29).
Rosan emphasized that Danantara’s establishment is timely. It arrives amid rising global geopolitical tensions, highlighting the need for nations to rely on domestic economic strength.
During the same event, President Prabowo urged all SOEs and affiliated companies’ officials to improve efficiency and abandon outdated practices. He said, “In the name of the nation and its people, I demand that all directors perform their best. Leave behind inefficient or unethical practices from the past.”
He also instructed Danantara’s management to evaluate all directors based on performance, integrity, and achievements. “Replace those who underperform, act lazily, abuse authority, or misuse facilities,” he added.
Prabowo further emphasized that SOEs should prioritize internal promotions and ensure professional leadership selection. He voiced, “Promote competent internal candidates; if none are suitable, hire qualified experts. Leadership must be based on merit, not ethnicity, religion, race, or political affiliation. We need Indonesians who genuinely work for the people.”
Danantara Investment Management Agency (BPI Danantara) recently held a town hall meeting to strengthen coordination among its managed companies and identify new investment opportunities in priority sectors. The SWF, officially launched by President Prabowo on February 24, 2025, derives its name from its symbolic meaning: Danantara represents Indonesia’s future economic strength and investment potential. “State wealth must be managed and preserved for future generations,” Prabowo concluded.
