Corporate Governance

Guidelines for the work of the Board of Commissioners
The Board of Commissioners is tasked with and be responsible for supervising the management policy, the general management of the Investment Manager, and providing advice to the Board of Directors by directs, monitors, and evaluates the implementation of the strategic policies of the Investment Manager. The Board of Commissioners is also responsible for supervising the Governance implementation.

Guidelines for the work of the Board of Directors

The Board of Directors is required to ensure the implementation of good corporate governance. The Board of Directors is responsible for managing the Investment Manager for the benefit of the Investment Manager following the goals and objectives of the Investment Manager. In addition, the Board of Directors is responsible for providing recommendations on risk management policies and risk mitigation that are deemed necessary under the potential risks.

Company Code of Conduct

All employees, the Board of Directors, and the Board of Commissioners are required to maintain the highest ethical standards in carrying out the company's business activities. The profession of an Investment Manager company must always be based on the highest standards of integrity and personal behavior, which requires absolute honesty and good behavior. Every stakeholder in the company has fiduciary duties to maintain the trust of customers and the wider community of the company.

Brief Description of Risk Management, Compliance and Internal Audit

As a company engaged in Investment Management, the company has a Risk Management and Compliance Division which is responsible for overseeing the implementation of operational risk controls within the company. In risk management activities, the Risk Management Division cooperates with other divisions so that they can control the company's risk properly.

Internal audit will re-check to ensure that all daily activities carried out by business units comply with all conditions related to company risk, investment strategy, and geography including mitigation for industrial sectors.

Committees & Units

Investment Committee

The Investment Committee of Sucor Asset Management will direct and supervise the Investment Management Team in the implementation of investment policies and strategies to ensure alignment with investment objectives. The Investment Committee is listed in the prospectus of each mutual fund. 

Sharia Investment Management Unit

Sucor Asset Management manages Sharia Mutual Fund Products, and also has a Sharia Investment Management Unit. Sharia Investment Management Unit is a part of the Investment Manager that is responsible for managing Securities portfolios or collective investment portfolios that comply with Sharia principles in the capital market. The unit is also tasked with developing and marketing Sharia investment management services or products, as well as consulting with the Sharia Supervisory Board for product development and marketing, particularly regarding compliance with Sharia aspects in the capital market.

Consumer Support Unit

The main purpose of Consumer Support is to resolve complaints to provide customer protection. As one way to improve services to consumers, Sucor Asset Management established a Consumer Support Unit. This unit functions to handle complaints submitted by consumers to the company so that consumer complaints can be resolved properly and correctly.

The three main areas of responsibility for Consumer Support are:
 a) Receiving complaints;
 b) Handling complaints; and 
 c) Resolving complaints.

Consumer Protection Unit

The Financial Services Sector, which is increasingly complex and dynamic in its development, requires strengthening consumer and community protection in the Financial Services Sector. To strengthen consumer and community protection services, Sucor Asset Management established a Consumer Protection Unit. This unit protects consumers, one of the applications is by applying the principle of product information disclosure.

Consumer and Community Protection in the Financial Services Sector applies the following principles:
a. Adequate education;
b. Openness and transparency of information;
c. Fair treatment and responsible business conduct;
d. Protection of Consumer assets, privacy, and data; and
e. Effective and efficient complaint handling and dispute resolution.

Financial Inclusion and Financial Literacy Unit

Currently, the knowledge, understanding, and access of the Indonesian people to financial institutions, products, and services is still low and uneven in every sector of the financial services industry, so, it is necessary to carry out financial education and development of supporting infrastructure as an effort to increase knowledge and understanding of institutions, financial products and services, followed by the availability of public access to financial institutions, products and/or services based on the needs and capabilities of the community.

In the end, the community is expected to be able to determine and utilize financial institutions, products, and services that are under the needs and abilities of consumers and/or the community in order to achieve prosperity.

Sucor Asset Management established a Financial Inclusion and Financial Literacy Unit to assist in the implementation of these initiatives aimed at enhancing Financial Literacy and Financial Inclusion. The Financial Inclusion and Financial Literacy Unit can increase knowledge and understanding of financial products and services provided by Sucor Asset Management, which is also followed by the availability of public access to financial products and/or services based on the needs and abilities of the community.

Organization Structure

As of May 2025, the number of employees at PT Sucorinvest Asset Management holding licenses as Investment Manager Representatives (WMI) is 30, Broker Dealer Representatives (WPPE) is 16, and Selling Agent Representatives (WAPERD) is 15.