Danantara says merger of four state-owned asset managers will retain all staff
The combined workforce totals 280 employees, while Danantara wants assets under management to reach Rp350 trillion within three years.
Indonesia’s BPI Danantara says all 280 employees will keep their jobs following the merger of four state-owned investment managers into Danareksa Investments. Chief executive Rosan Roeslani said the consolidation would not result in dismissals or staff reductions.
The merger brings together PT Mandiri Manajemen Investasi, PT BRI Manajemen Investasi, PT BNI Asset Management and PT PNM Investment Management. In remarks reported on 12 November 2026, Rosan said several new programmes would soon be implemented and would require staff.
Rosan also set a three-year target for assets under management to reach Rp350 trillion, compared with the current Rp170 trillion. He asked for a faster timetable after the president director had previously outlined a goal of doubling managed assets over five years.
Meeting that target would require a strong team, Rosan said, making employee education and a thorough understanding of investment management necessary. He said the existing teams were already capable and that their investment management skills would be developed further.
