JAKARTA - President Joko Widodo (Jokowi) officially introduced the board of directors and supervisory board of the Indonesia Investment Authority (INA) called the Indonesia Investment Authority (INA) on Tuesday, February 16 at the Merdeka Palace, Jakarta.
In his speech, the President said that the selected names were the best sons and daughters of the nation who had international experience so that they were in line with the spirit of bringing investment into the country.
"On the opportunity this morning, I will introduce the nation's best sons and daughters who sit on the Supervisory Board and the Board of Directors of the Indonesia Investment Authority," he said.
To note, the LPI is a domestic investment endowment fund management institution that was formed to increase and optimize the long-term value of state assets to support sustainable development and to be accountable to the President.
The formation of this institution is a follow-up to the mandate of the Job Creation Law which was passed some time ago.
"The formation of INA has a strong legal basis, it is governed directly by law, namely the Job Creation Act. The institution and its working methods are also clear as regulated by Government Regulation Number 74 of 2020, "said the Head of State.
For information, the LPI Supervisory Board consists of five people, two of whom are stipulated in accordance with the Job Creation Law, namely the Minister of Finance and the Minister of State-Owned Enterprises (BUMN).
Meanwhile, the other three people came from professional and independent elements who had previously gone through a number of selection processes and obtained the approval of the DPR.
The LPI Supervisory Board then elects a board of directors totaling five people, all of which are filled by professionals as introduced by President Joko Widodo (Jokowi).
It is hoped that the involvement of professional and independent elements will ensure that INA is a professional institution that operates and works based on professional considerations from the decades of experience of its members.
"INA is guaranteed to be a professional institution protected by law. I hope INA must be innovative, have the courage to take decisions that are out of the box with good governance. Indonesia must have adequate alternative financing for the acceleration of Advanced Indonesia, "said the President.
The following is a complete list of the board of directors and supervisory boards of the Investment Management Institution (LPI) called the Indonesia Investment Authority (INA).
Directors:
Ridha Wirakusumah, as Chairman of the Board of Directors Arief Budiman, as Deputy Chairman of the Board of Directors / Investment Director Stefanus Ade Hadiwidjaja, as Director of Investment Marita Alisjahbana, as Director of Risk Eddy Porwanto, as Director of Finance
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