1 day ago
20
March 24, 2025 | 08:55 pm
TEMPO.CO, Jakarta - Former Thai Prime Minister Thaksin Shinawatra has officially become one of Danantara's advisors. As quoted from Antara, Danantara's Investment Management Agency (BPI) announced the composition of the Advisory Board today, on Monday, March 24, 2025. In addition to Thaksin, other names include Ray Dalio, Helman Sitohang, Jeffrey Sachs, and Chapman Taylor.
The first member of the advisory board is Ray Dalio. He is Bridgewater Associates' founder, the world's largest hedge fund with assets under management of more than US$124 billion. Dalio is known as an innovative investment strategist, such as risk parity and the All Weather portfolio. He has been an economic advisor to various global policymakers.
In a meeting at the Presidential Palace, President Prabowo Subianto called Dalio a friend he hopes will become a strategic partner for Indonesia in promoting more inclusive and sustainable economic growth.
The second advisory board member, Helman Sitohang, is the former CEO of Credit Suisse Asia Pacific. With over two decades of experience in investment banking, Sitohang has handled transactions worth more than US$200 billion, including fundraising and mergers and acquisitions in Southeast Asia. His leadership at Credit Suisse earned him the Outstanding Achievement Award from FinanceAsia.
The third advisory board member is Jeffrey Sachs. He is a widely known global economist in sustainable development and has contributed to BPI Danantara. Sachs, who once served as an economic advisor to Indonesia after the 1998 crisis, has long been involved in developing strategies to alleviate poverty and global economic development. He is also the author of several best-selling economics books such as The End of Poverty and Common Wealth.
The fourth advisory board member is Chapman Taylor, an Equity Portfolio Manager at Capital Group with over three decades of investing experience in Asia. His investment focus includes the telecommunications sector and emerging markets such as Indonesia, the Philippines, and Malaysia, making him a valuable asset in designing long-term investment strategies.
Lastly, the fifth advisory board member is Thaksin Shinawatra. He is a political figure and businessman who served as the Prime Minister of Thailand from 2001 to 2006. Before becoming an entrepreneur in the telecommunications industry, Thaksin began his career as a police officer.
His telecommunications business started as a small computer dealer established in 1987, which later grew into Shin Corporation, the largest telecommunications company in Thailand.
Thaksin's political career began in the 1990s when he was appointed as the Foreign Minister of Thailand from 1994 to 1995. Subsequently, he served as the Deputy Prime Minister of Thailand from 1995 to 1997 under the leadership of Banharn Silpa-archa and Chavalit Yongchaiyudh.
Editor's Choice: Danantara Indonesia Names 'Dream Team,' Including Former Presidents and Ex-Thai PM Thaksin
Click here to get the latest news updates from Tempo on Google News
10 Best Tourist Places to Visit in Bangkok, Must-See Attractions
5 jam lalu
Discover some of the best tourist places in Bangkok. From majestic temples to vibrant markets, explore the city's top attractions.
Danantara Indonesia Names 'Dream Team,' Including Former Presidents and Ex-Thai PM Thaksin
6 jam lalu
Danantara, launched last month, is Indonesian President Prabowo Subianto's main vehicle to achieve his 8% economic growth target by 2029.
8 Best Places to Visit in Thailand during Springtime 2025
15 jam lalu
Here are some of the best places to visit in Thailand during the spring of 2025. Explore the country's must-visit destinations as flowers bloom.
10 Best Places to Visit in April: Japan, Costa Rica, and More
3 hari lalu
From the blooming cherry blossoms in Japan to the tropical paradise of Costa Rica, explore the best places to visit in April for your perfect getaway.
Indonesian Govt Shares List of SOEs Set to Join Danantara to Parliament
3 hari lalu
Currently, the regulation governing the inbreng of state-owned enterprises to BPI Danantara is being prepared.
8 Best Places to Visit in Thailand During Spring 2025
4 hari lalu
Here are some of the best places to visit in Thailand during the spring of 2025. Explore the country's must-visit destinations as flowers bloom.
10 Best Night Markets in Bangkok, Top Spots for Shopping and Street Food
4 hari lalu
Wander around vibrant night markets in Bangkok! Discover the best spots for shopping, street food, and unique finds in Thailand's capital.
Prabowo's Enthusiasm for 3 Million Housing Program Seems Waning, Says Real Estate Indonesia Chair
5 hari lalu
REI Chair Joko Suranto believes that President Prabowo Subianto is no longer enthusiastic about the 3 million housing program. Here's Why.
Parliament and SOE Ministry Hold Closed-Door Meeting on Danantara
5 hari lalu
The House of Representatives held a closed meeting with the Ministry of State-Owned Enterprises (SOE) to discuss Danantara.
Indonesia to Question More than 500 Citizens Freed from Myanmar Scam Centers
6 hari lalu
Myanmar's Myawaddy scam centers are part of a Southeast Asia network involving criminal gangs trafficking hundreds of thousands of people.
