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View all search resultsINA fills executive posts after months-long vacancies
According to a Bloomberg report on Wednesday, citing unnamed sources, the INA has appointed investment banker Oki Ramadhana as its new chief executive officer.
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High-rise buildings are seen in the Sudirman Central Business District in South Jakarta on March 14, 2021. (AFP/Adek Berry)
T
he Indonesia Investment Authority (INA) has appointed a new board of executives, ending months of permanent leadership vacancies at the country’s sovereign wealth fund as the government ramps up efforts to attract foreign capital.
“The INA confirms that the leadership transition within its board of directors is currently underway in accordance with the applicable governance framework and formal processes,” INA communications vice president Putri Dianita Ruswaldi told The Jakarta Post on Monday.
She also confirmed the appointments had taken effect, with the INA currently undergoing a transition to its new leadership.
Further details on the appointments would be announced once formal procedures are completed, she added, adding an official statement is expected later this week.
Read also: INA sees fresh leadership exit as investment chief resigns
According to a Bloomberg report on Wednesday, citing unnamed sources, the INA has appointed investment banker Oki Ramadhana as its new chief executive officer.
Oki previously served as president director of local brokerage Mandiri Sekuritas and held a similar role while also heading investment banking at HSBC Sekuritas. His career also includes stints at global investment banks Morgan Stanley and Goldman Sachs.
