Meeting BRI Boss, Deputy Head Of Danantara: Still Introduction To Each Other

Deputy Head of the Investment Management Agency (BPI) Daya Anagata Nusantara (DANTara), Kaharuddin Djenod Daeng Manyambeang. (Photo: Mery Handayani/VOI)

JAKARTA - The Investment Management Agency (BPI) Daya Anagata Nusantara (DANTara) summoned a number of State-Owned Enterprises (BUMN). One of those summoned was PT Bank Rakyat Indonesia (Persero) Tbk or BRI.

Deputy Head of the Investment Management Agency (BPI) Daya Anagata Nusantara (DANTara), Kaharuddin Djenod Daeng Manyambeang said this meeting was held as the first step in recognition and synergy between the two entities in supporting the president's big vision to strengthen Indonesia's development.

With the first step in the form of introduction and formation of this synergy, Kaharuddin hopes that Danantara will soon become the backbone of Indonesia's investment development, optimize state assets, and strengthen Indonesia's position in the global arena.

"This is a meeting for the introduction of all. While Danantara is making preparations for formality, we want to get to know more BUMN-BUMN who will join Danantara," said Kaharuddin after meeting BRI President Director Sunarso at the Danantara office, Jakarta, Tuesday, November 19.

Kaharuddin assessed that state-owned companies also need more detailed information about Danantara, what plans for cooperation will be like in the future.

Furthermore, according to him, this meeting took place very positively and became an important basis for joint steps forward.

"We, Danantara and BRI, strongly support the President's vision to build a strong Indonesia. After knowing how we will move, I am sure this synergy will have a big impact," said Kaharuddin.

According to Kaharuddin, Danantara has a vision to become a giant investment management agency similar to Temasek and GIC in Singapore.

"If in Singapore there is Temasek and GIC, then Danantara is the merger of the two into a large entity. The idea and name of Danantara comes directly from the president," he said.

Kaharuddin said, Danantara will not only function as a sovereign wealth fund such as the Indonesia Investment Authority (INA), but also has three main pillars, namely the Sovereign Wealth Fund, Development Investment, and Asset Management.

"The main difference is that Danantara has three pillars of function, while INA only has one pillar," he explained.

In addition, he said, Danantara will manage and optimize all assets owned by SOEs and other assets outside the APBN. He said BRI as one of the largest SOEs has extraordinary advantages.

"When combined with other assets through Danantara, I believe this will create great opportunities for Indonesia's economic growth," he said.