Jakarta, July 18 -- The Investment Management Agency, Danantara, has reiterated its commitment to building a strong and accountable institution aligned with global best practices in sovereign wealth governance.

Speaking at a public forum in Jakarta on Friday, Danantara's Director of Global Relations and Governance, Mohamad Al-Arief, stated that Indonesia is currently at a critical stage of aligning national wealth management with international standards rooted in integrity and transparency.

"We are not merely establishing an agency to manage funds or assets but also setting up a trusted institution. Therefore, every process must reflect globally recognized best practices," he stated.

Drawing insights from various sovereign wealth funds...