Tuesday, 16 Feb 2021 03:20 PM MYT Finance Minister Sri Mulyani Indrawati, who heads INA’s supervisory council, told a news conference that Jokowi had said the fund must be managed to avoid the fate of 1MDB. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. JAKARTA, Feb 16 — Indonesian President Joko Widodo today named a senior banker, Ridha D.M. Wirakusumah, as the chief executive of the country’s new sovereign wealth fund, which has a target of managing US$20 billion (RM81 billion) and financing infrastructure projects. Jokowi, as the president is popularly known, also named other professionals for posts on the board of directors of the fund, the Indonesia Investment Authority (INA).