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Jakarta Post

SOEs Ministry in limbo after latest cabinet reshuffle

Experts view the empty minister’s seat as evidence of the ministry’s waning purpose, as many of its former responsibilities have moved to Danantara, the country’s state asset fund now in charge of nearly 900 state firms.

Ruth Dea Juwita (The Jakarta Post)
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Thu, September 18, 2025 Published on Sep. 18, 2025 Published on 2025-09-18T19:01:17+07:00

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The logo of the State-Owned Enterprises Ministry is seen installed in front of the ministry's building in Jakarta on Jan. 1, 2025. The logo of the State-Owned Enterprises Ministry is seen installed in front of the ministry's building in Jakarta on Jan. 1, 2025. (Shutterstock/Zaen_M)

T

he State-owned Enterprises (SOEs) Ministry was left without a leader on Wednesday when President Prabowo Subianto reassigned Erick Thohir to the role of youth and sports minister.

State Secretary Prasetyo Hadi said the government was still weighing candidates to replace Erick and that a caretaker might be appointed in the interim.

Erick had served as SOEs minister since his 2019 appointment by then-president Joko “Jokowi” Widodo. His transfer fills a post that had been vacant for a week in what marked Prabowo’s first major cabinet reshuffle.

“A definitive SOEs minister has not been named, because we are still searching for a successor following Pak Erick’s move to the Youth and Sports Ministry,” Prasetyo told reporters after the inauguration, adding that a temporary replacement could come from among the three deputy ministers currently in office.

Read also: Reshuffle sees Prabowo, allies close ranks

The SOEs Ministry has three deputy ministers: Kartika “Tiko” Wirjoatmodjo, Dony Oskaria and Aminuddin Ma’ruf. Dony currently also doubles as chief operating officer at Danantara, leaving only Kartika and Aminuddin fully focused on ministerial duties.

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Prasetyo dismissed speculation that the vacancy could accelerate plans to fold the SOEs Ministry into state asset fund Danantara, noting that the idea existed but was not currently under consideration.

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