Jokowi picks banker Wirakusumah to head Indonesia's sovereign fund

Bank Permata president director tapped for his overseas investor network

20210216 Indonesia

Ridha Wirakusumah, left, was picked by Indonesian President Joko Widodo to head the country's planned sovereign wealth fund. (Source photos by Getty Images(File photo) and Reuters) 

SHOTARO TANI, Nikkei staff writer

JAKARTA -- Indonesian President Joko Widodo on Tuesday named the head of a domestic bank to lead the country's planned $15 billion sovereign wealth fund.

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