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🇮🇩 Indonesia /Economy & Trade

Danantara Indonesia Joins Global Sovereign Wealth Fund Forum

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

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  • Danantara Indonesia's investment holding, PT Danantara Investment Management (DIM), has become an Associate Member of the International Forum of Sovereign Wealth Funds (IFSWF).
  • The membership, approved by the IFSWF Board in early 2026, signifies Indonesia's commitment to global standards in governance, transparency, and accountability for its national assets.
  • As an Associate Member, DIM will exchange knowledge with global SWFs, participate in IFSWF programs, and align its governance with the Santiago Principles.

Danantara Indonesia's investment holding, PT Danantara Investment Management (DIM), has officially joined the International Forum of Sovereign Wealth Funds (IFSWF) as an Associate Member. The IFSWF Board approved Danantara's application at the beginning of 2026, marking a significant step for the Indonesian entity.

Pandu Sjahrir, Chief Investment Officer of Danantara Indonesia, emphasized that the acceptance into IFSWF underscores Indonesia's dedication to maintaining world-class governance, transparency, and accountability. "As a manager of Indonesia's national assets, we are determined to build an institution that meets the highest international standards so that we can fulfill the investment mandate for the Indonesian people," Sjahrir stated.

As a manager of Indonesia's national assets, we are determined to build an institution that meets the highest international standards so that we can fulfill the investment mandate for the Indonesian people.

— Pandu SjahrirChief Investment Officer of Danantara Indonesia, explaining the significance of the IFSWF membership.

DIM's membership signifies a commitment to implementing international best practices in governance, transparency, and responsible investment for Sovereign Wealth Funds. As an Associate Member, DIM will now engage with a global network of SWFs committed to the Santiago Principles, which set universal standards for SWF governance, investment, and risk management. This inclusion offers opportunities for knowledge exchange and participation in IFSWF programs.

Duncan Bonfield, Chief Executive of IFSWF, welcomed Danantara Indonesia, noting their "strong commitment to good governance, professionalism, transparency." Danantara plans to leverage this membership to enhance its engagement with the global sovereign investor community and align its institutional governance with the Santiago Principles' self-assessment process.

We are delighted to welcome Danantara Indonesia as a member of IFSWF. Since its establishment, Danantara Indonesia has shown a strong commitment to good governance, professionalism, transparency, and will be a valuable member of our community.

— Duncan BonfieldChief Executive of IFSWF, commenting on Danantara Indonesia's admission.
DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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