Indonesian Wealth Fund Co-CIO Resigns as Leadership Gap Widens

Indonesian Wealth Fund Co-CIO Resigns as Leadership Gap Widens

(Bloomberg) — Indonesia Investment Authority’s Co-Chief Investment Officer Andry Setiawan has resigned, deepening a leadership vacuum at the country’s first sovereign wealth fund and raising questions about its future direction, according to people familiar with the matter.

Indonesian wealth fund INA Co-CIO resigns as leadership gap widens

The leadership uncertainty at INA come as the country’s other sovereign wealth fund, Danantara, is expanding rapidly