Batavia Profile

Established in 1996 and licensed as an Investment Manager from Bapepam LK No. KEP-03/PM/MI/1996, PT Batavia Prosperindo Aset Manajemen (BPAM) is one of the leading investment management companies in Indonesia. Since establishment up to present, BPAM has continued to successfully steer its business activities through many ups and downs of the mutual funds industry in Indonesia

Currently, BPAM manages a portfolio of various mutual fund products and bilateral fund management contracts. We provide our services to individual customers through distribution partners such as various commercial banks in Indonesia, both national and foreign banks. Meanwhile, our institutional clients include pension funds, foundations, insurance companies and corporations.

VISION

To become one of the leading investment managers in Indonesia in terms of product performance, total asset under management (AUM) and corporate governance.

Mission

  • Quality Product

    To provide quality and innovative products and investment services as well as delivering optimal results. 

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  • Qualified Talent

    Managing investments through qualified human capital, professionalism and adequate expertise in each of their respective fields.

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  • High Integrity

    Having the commitment and utmost integrity in managing the company and its investments.

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  • Excellent Service

    Providing customer service easily accessible by all customers and distribution partners in accommodating all customer inputs and complaints and ensuring all customer issues are effectively resolved.

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Ownership

The change in determination as of October 16, 2023, is:

  • PT Batavia Prosperindo International Tbk

    82,08%

  • Lilis Setiadi

    9,12%

  • Yulius Manto

    4,80%

  • Rinaldi Lukita Handaya

    1,50%

  • Prihatmo Hari Mulyanto

    1,00%

  • Eri Kusnadi

    0,75%

  • Fadil Kencana

    0,75%

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License

Obtained an Investment Manager License from Bapepam – LK in 1996; License No. KEP-03/PM/MI/1996. 

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Signatory of UN-PRI

Batavia has been a signatory to the United Nations Principles for Responsible Investment (PRI) since February 2016 and has fulfilled its obligations as a signatory through voluntary reporting in March 2017, followed by annual reporting in January 2018 and January 2019.

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ISO Certification

In fulfilling BPAM’s commitment in attaining its vision and mission, BPAM has achieved ISO 9001:2015 certification for Quality Management System in the area of :

  • Sales & Marketing
  • Compliance & Risk Management
  • Investment Operations
  • Portfolio Management
  • Product Development

Board of Directors

  • card decor Lilis Setiadi

    Lilis Setiadi

    President Director

    card decor Lilis Setiadi

    Lilis Setiadi

    President Director

    Lilis has more than 30 years experience in the banking and fund management industry. Her last two professional positions prior to joining BPAM were Head of Mutual Funds Sales at Schroders Investment Management Indonesia, and Head of Global Securities Services at Deutsche Bank AG Jakarta.

    Lilis graduated from Oklahoma State University with a Bachelor of Science degree in Marketing and International Business. Lilis holds Investment Manager license from Indonesian Capital Markets and Financial Institution Supervisory Agency (Bapepam – LK). 

  • card decor Yulius Manto

    Yulius Manto

    Director

    card decor Yulius Manto

    Yulius Manto

    Director

    Yulius has more than 28 years of experience in banking and fund management industry. He started his career as an accountant with KAP Teguh Pribadi, moved to Deutsche Bank AG Jakarta as a Fund Administrator and finally served as a Mutual Funds Sales Manager with Schroders Investment Management Indonesia prior to joining BPAM in April 2010.

    Yulius graduated from Tarumanagara University majoring in Accounting and holds Investment Manager license from Indonesian Capital Markets and Financial Institution Supervisory Agency (Bapepam – LK). 

  • card decor Prihatmo Hari Mulyanto

    Prihatmo Hari Mulyanto

    Director

    card decor Prihatmo Hari Mulyanto

    Prihatmo Hari Mulyanto

    Director

    Hari has more than 29 years of experience in capital market, specifically in fund management industry. His last two positions prior to joining BPAM were Vice President of Fund Management Unit at PT Andalan Artha Advisindo Securities and President Director at PT Danareksa Investment Management.

    Hari joined BPAM in February 2018.

    Hari graduated from Bogor Agricultural University and earned a Bachelor of Social-Economy Agriculture and He holds Investment Management License from Financial Services Authority.

  • card decor Rinaldi Lukita Handaya

    Rinaldi Lukita Handaya

    Director

    card decor Rinaldi Lukita Handaya

    Rinaldi Lukita Handaya

    Director

    Rinaldi has more than 19 years of experience in research and portfolio management. Rinaldi is a CFA Charter holder and also have earned FRM in 2010.

    Rinaldi joined BPAM in December 2006.

    Rinaldi graduated from University of Technology, Sydney, majoring in Accounting and Finance and earned a Bachelor of Business with distinction.

    He holds Investment Management license from Indonesia Financial Services Authority (OJK) no: KEP-235/PM.211/PJ-WMI/2016

  • card decor Eri Kusnadi

    Eri Kusnadi

    Director

    card decor Eri Kusnadi

    Eri Kusnadi

    Director

    Eri has more than 18 years of experience in the banking and fund management industry. Prior to joining BPAM, he was a member of Wealth Management Division at PT Bank OCBC NISP Tbk.

    Eri joined BPAM in April 2011

    Eri Kusnadi graduated from Atma Jaya Indonesia Catholic University with Bachelor of Economics.

    He holds Investment Management license from Indonesia Financial Services Authority (OJK) no: KEP-228/PM.211/PJ-WMI/2018.

Board of Commissioners

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    M Arie Armand, SH, LLM

    Independent Commissioner

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    M Arie Armand, SH, LLM

    Independent Commissioner

    Arie graduated with a Legum Magister (LLM) from Indiana University, Maurer School of Law in Bloomington, Indiana, U.S.A.

    Arie also graduated with a Bachelor degree from the Faculty of Law, University Padjadjaran in Bandung, Indonesia.

    Experienced in the field of law for over 18 years, he is currently a Managing Partner at Armand Yapsunto Muharamsyah & Partners (AYMP).

    Arie joined BPAM as Independent Commissioner in May 2018.

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    Irena Iskandar

    Commissioner

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    Irena Iskandar

    Commissioner

    Irena holds a Bachelor of Science from Pepperdine University in California and an MBA/MA Degree majoring in Business Communications and Public Relations from European University in Montreux, Switzerland.

    She joined BPAM in 1996 when it was first established and serves as a member of the board of several companies. 

Sharia Supervisory Board

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    MUHAMMAD FIRDAUS HUDA

    Sharia Supervisory Board

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    MUHAMMAD FIRDAUS HUDA

    Sharia Supervisory Board

    Firdaus has more than 24 years of experience as an academic and supervisor in Indonesia’s Islamic finance industry. His two most recent strategic positions were as Director of the Postgraduate Program in Islamic Banking and Finance at Azzahra University Jakarta from 2006 to 2009, and as Deputy Chairman and Member of the Research and Development Commission at the Indonesian Ulema Council, a role he has held since 2005 to the present.


    Firdaus joined BPAM as Chairman of the Sharia Supervisory Board in July 2007.


    Firdaus graduated from the University of Malaya, Kuala Lumpur, Malaysia in 1999 with a Doctorate in Islamic Studies, and he holds a Capital Market Sharia Expert license from the Financial Services Authority (OJK).