CEO of Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia), Rosan Roeslani, has officially announced the agency’s new leadership lineup. The appointments, revealed on Monday, March 24, bring together several prominent international figures from diverse backgrounds—including entrepreneurs, economists, and former heads of government. 

Among the most notable names joining the advisory board are renowned investor Ray Dalio and former Thai Prime Minister Thaksin Shinawatra. According to Roeslani, the involvement of these global figures is expected to boost international investor confidence in Danantara. 

In addition to Dalio and Thaksin, the newly appointed advisors include well-respected professionals from academia, finance, and government sectors. 

One prominent figure is Jeffrey Sachs, a leading economist and Director of the Center for Sustainable Development at Columbia University. Mr. Sachs brings a wealth of experience in global economic policy. He previously advised Indonesia following the 1998 financial crisis and has held academic roles at both Harvard and Columbia University. Sachs, who has received multiple international accolades including the Tang Prize for sustainable development, now joins Danantara as a member of the Advisory Council. 

Chapman Taylor, an investment management expert with over 30 years of experience, also joins the council. He is involved in several non-profit initiatives, including as trustee of the Karya Salemba Empat Foundation in Indonesia. With academic credentials in physics, theology, and finance, Taylor has held senior roles in consulting and finance firms around the world. 

As previously mentioned, Ray Dalio, founder of Bridgewater Associates—the world’s largest hedge fund—was added to the council as well. Known for his principles on economic transparency and leadership, Dalio is also the author of the bestselling book Principles: Life and Work. He brings with him a reputation as one of the world’s most influential financial thinkers. 

Another key addition is Thaksin Shinawatra, who served as Thailand’s Prime Minister before being ousted in 2006. Known for his populist economic policies and leadership of the Thai Rak Thai Party, Thaksin recently returned from exile in 2024 and now contributes his political and business expertise to Danantara’s leadership. 

Lieng-Seng Wee, who has been appointed as Managing Director of Risk and Sustainability at Danantara, contributes over four decades of experience in quantitative risk management. An expert in Risk-Adjusted Return on Capital (RAROC) and Value at Risk (VaR), Wee has published extensively and led risk teams at several major financial institutions. 

Finally, Yup Kim, Chief Investment Officer at the Texas Municipal Retirement System, brings deep experience from leading investment organizations, including CALPERS and the Alaska Permanent Fund. With a background in private equity and strategic investments, Kim also joins Danantara’s Advisory Council. 

Speaking at the press conference, Roeslani emphasized the rigorous recruitment process behind the appointments. 

“It’s not easy to recruit individuals with clear competencies and track records. Alhamdulillah [Praise God], we managed to convince them to join us through a stringent selection process, assisted by headhunters both locally and internationally,” said Roeslani. 

Other prominent figures in Danantara include Minister of State-Owned Enterprises Erick Thohir as a member of the Board of Supervisors, as well as former Indonesian Presidents Joko Widodo and Susilo Bambang Yudhoyono as the two members of the Board of Directors. 

This article is published in partnership with Katadata 

Original article here