Finance & Venture Capital

Jemmy Paul Wawointana

Jemmy Paul Wawointana

If you’re looking to park your money somewhere, have a talk with Jemmy Paul Wawointana, one of the most successful leaders in Indonesia’s capital market


Few can say that they knew what they wanted to be while still in their teens, like Jemmy Paul Wawointana. He was just in high school when his older brother, already investing in stocks and mutual funds, opened Jemmy’s eyes to the potentials of investments. That’s the reason he took up accounting in college. “It gives you the basic knowledge on, for instance, valuing a company’s assets, which is very important in my line of work,” he rationalises.

Wawointana earned his stripes the hard way, cutting his teeth as an analyst for a few years before rising the ranks to become CEO of Sucor Asset Management. All those experiences gave him a deep understanding of the market and the expertise to raise Sucor Asset Management’s profile in Indonesia’s financial landscape.

Despite the pandemic, Wawointana observed that investors doubled, providing the perfect scenario for his bigger goals: “I want to create an impact on a lot more people through my work in the capital market,” he reflects. “Also, I plan to work on making Sucor Asset Management one of the top three asset-management companies in Indonesia to support overall economic growth.”

Under his leadership, in January 2020, Sucor recorded a surge in managed funds of up to 11.5 per cent to Rp11.19 trillion. The increase in Sucor managed funds was partly supported by the increase in the number of subscriptions and the addition of new mutual fund products. Sucor also received an award this January as the Best Asset Management Company in South East Asia from the Global Banking & Finance Review.

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