Purbaya Appoints Fauzi Ichsan as Member of INA's Supervisory Board

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has appointed Fauzi Ichsan as a Professional Member of the Supervisory Board of the Indonesia Investment Authority (INA), or the Investment Management Institution, from the professional element.

Purbaya stated that the appointment, held yesterday on 1 April 2026, is part of the government’s commitment to maintaining the credibility and governance of INA as Indonesia’s sovereign wealth fund.

The appointment and oath-taking of the supervisory board member was attended by officials from the Ministry of Finance and the State-Owned Enterprises Regulatory Agency (BPBUMN).

“Investment is an instrument for economic development, so the role of the Supervisory Board is crucial in realising prudent and credible investment governance,” said Purbaya in a press release, quoted on Thursday (2/4/2026).

Purbaya also hopes that INA can build synergies as a co-partner with Danantara through complementary collaborations in attracting investments, building portfolios, strengthening financing for priority sectors, and supporting government priority agendas, particularly in realising Asta Cita.

He also invited the supervisory board to ensure that INA’s strategic direction remains aligned with national priorities, as well as opening up increasingly progressive yet prudent investments.

“Through this appointment, the appointed supervisory board member is expected to strengthen synergies, improve performance and professionalism, maintain integrity, and further enhance the supervision and governance of INA in the future,” said Purbaya.

For information, Fauzi Ichsan is a professional who has long been involved in the financial world. He previously served as CEO of LPS from 2015-2020, up to Chairman of the Board of Commissioners of the Indonesia Financial Group (IFG) from 2020-2026.