Danantara Indonesia Advances SOE Asset Management Reform

RRI.CO.ID, Jakarta - The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) has taken a strategic step to strengthen state asset management by consolidating investment management across state-owned enterprises (SOEs).

The policy is expected to improve efficiency while boosting contributions to national economic growth.

The merger involves Permodalan Nasional Madani Investment Management (PNM IM), BNI Asset Management, BRI Investment Management, and Mandiri Investment Management. Once the consolidation is complete, Mandiri Investment Management will continue to operate as the surviving entity under Danantara Indonesia.

The decision was agreed upon during a meeting on Tuesday, July 7, 2026.

Attending the meeting were the CEO of Danantara Indonesia and concurrently Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Roeslani; the Chief Operating Officer of Danantara Indonesia and Head of the State-Owned Enterprises Management Agency (BP BUMN), Dony Oskaria; and the Chief Investment Officer of Danantara Indonesia, Pandu Sjahrir.

Dony Oskaria emphasized that the streamlining effort is not the final goal. “The most essential thing is how the restructured SOE assets can be managed more optimally, more productively, and truly create added value for Indonesia,” Dony said in his official remarks in Jakarta on Wednesday, July 8, 2026, as quoted by Antara.

According to Dony, simplifying the corporate structure is part of a transformation aimed at optimizing the utilization of SOE assets. More professional management is expected to deliver greater value to the country.

Through this merger, Danantara Indonesia will become the largest national asset management company. The new entity is expected to integrate asset portfolios, strengthen governance, improve operational efficiency, and enhance investment appeal.

The consolidation also reflects Danantara Indonesia’s commitment to building a more integrated state asset management system focused on value creation. The step is expected to increase SOE asset productivity, strengthen investor confidence, and make a greater contribution to national economic development and growth. ***