Sucor AM Targets Sustainable Business Growth Amid Leadership Transition

PT Sucorinvest Asset Management (Sucor AM) has grown its managed funds to Rp48.8 trillion as of August 18, 2026, supported by more than 900,000 investors and a network of 34 mutual fund selling agents (APERD).

This growth reflects Sucor AM's nearly three-decade expansion and increasing public access to investment products. Jemmy Paul Wawointana, who joined in 2011 and held various leadership roles including CEO, oversaw the company's assets grow from approximately Rp1.7 trillion to nearly Rp50 trillion during his tenure.

As part of a leadership transition, Wawointana will now serve as Commissioner, ensuring business continuity. Upik Susiyawati, who has over two decades of experience in treasury, capital markets, and investment management, has been appointed CEO, effective August 18, 2026. She previously led Sucor AM's Sales & Marketing.

"My commitment is to maintain the strong foundation and values built over time, while continuing to develop the company to remain relevant with industry changes and investor needs," Susiyawati stated. She aims to adapt to evolving industry demands and investor requirements.

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My commitment is to maintain the strong foundation and values built over time, while continuing to develop the company to remain relevant with industry changes and investor needs.