The Indonesian government has named Ridha Wirakusumah as the CEO of the country’s new $15 billion sovereign wealth fund, known as the Indonesia Investment Authority (INA). Wirakusumah is the president director of Bank Permata, the 12th largest bank in Indonesia by assets. The banker has been in his position since 2016, after previously serving as managing partner at DNB Consulting and Investment Hong Kong for two years. He has also served as CEO for Asia Pacific at the General Electric Company, president and CEO of AIG Hong Kong and director of KKR Hong Kong.