Meet Our Team of SWF Analysts
Indonesia SWF Tracker is powered by a team of dedicated financial analysts, economists, and public policy experts with deep, on-the-ground experience in Indonesia and the broader ASEAN region. Our collective expertise in institutional investment, infrastructure finance, and macroeconomic analysis allows us to deliver insights that are both rigorous and contextually relevant. We adhere to the highest professional and ethical guidelines, as detailed in our Editorial Standards.
Dr. Ardiansyah Putra, CFA
Role: Chief Investment Strategist
Credentials: PhD in Economics, University of Indonesia; Chartered Financial Analyst (CFA) Charterholder
Bio: Dr. Putra leads our macroeconomic research and asset allocation analysis. With over 15 years of experience, including roles at Bank Indonesia and as a senior economist for a global investment bank in Jakarta, he possesses an unparalleled understanding of Indonesia’s fiscal and monetary policy. His research focuses on benchmarking the INA’s strategic asset allocation against peers like Temasek and Khazanah, providing crucial context for our core INA analysis. He is a frequent commentator in publications like Bisnis Indonesia and The Jakarta Post.
Sari Dewi, MBA
Role: Head of Infrastructure & Real Assets
Credentials: MBA, INSEAD; B.Eng in Civil Engineering, Bandung Institute of Technology (ITB)
Bio: Sari is our lead analyst for INA’s investments in infrastructure, including toll roads, airports, seaports, and digital infrastructure. Before joining our team, she spent a decade in project finance and M&A at one of Indonesia’s largest state-owned enterprises (BUMN) in the construction sector. Her expertise lies in dissecting complex deal structures, evaluating project viability, and understanding the intricate regulatory landscape governed by bodies like the Ministry of Public Works and Housing (Kementerian PUPR).
Bambang Santoso, M.Sc.
Role: Senior Analyst, Digital Economy & Healthcare
Credentials: M.Sc. in Finance, London School of Economics; B.A. in Business, Prasetiya Mulya University
Bio: Bambang covers the INA’s growing portfolio in Indonesia’s vibrant technology and healthcare sectors. He has a background in venture capital and private equity, having worked on several landmark deals involving Indonesian unicorns. He tracks INA’s co-investments with global tech giants and private equity funds, providing sharp analysis on valuations, governance rights, and exit strategies. His work is critical for understanding the INA’s role in fostering innovation and digital transformation.
Rina Halim, FRM
Role: Head of Governance & ESG Research
Credentials: Certified Financial Risk Manager (FRM); Master of Public Policy, National University of Singapore
Bio: Rina leads our research on governance, transparency, and ESG integration at the INA. She developed our proprietary governance scoring model, which adapts principles from the Santiago Principles and the Linaburg-Maduell Transparency Index to the Indonesian context. Rina previously worked with the Indonesia Corruption Watch (ICW) and a leading sustainability consulting firm, giving her a unique perspective on the challenges and opportunities for ESG in state-backed investment vehicles.
David Chen
Role: Quantitative Analyst
Credentials: B.Sc. in Statistics, Gadjah Mada University (UGM)
Bio: David is the architect of our data infrastructure. He is responsible for collecting, cleaning, and analyzing the vast datasets that underpin our research. He builds and maintains our proprietary database of INA transactions, co-investor profiles, and performance metrics. His quantitative models help the team identify trends and correlations that are not immediately apparent, ensuring our analysis is always backed by robust, verifiable data.
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