Mandiri Sekuritas Company Profile
Background
PT Mandiri Sekuritas, established on July 31, 2000, is a leading Indonesian securities company specializing in securities brokerage, underwriting, investment management, and financial advisory services. As a subsidiary of Bank Mandiri, Indonesia's largest financial institution, Mandiri Sekuritas has been recognized as the Best Investment Bank in Indonesia by FinanceAsia from 2011 to 2024.
Key Strategic Focus
Mandiri Sekuritas focuses on:
- Comprehensive Capital Market Solutions: Offering a full spectrum of services, including brokerage, underwriting, advisory, and M&A, catering to both institutional and individual clients.
- Digital Transformation: Developing integrated digital platforms like the Growin’ app, which is linked with Bank Mandiri's Livin’ app, enhancing customer experience and expanding its retail investor base.
- Regional Expansion: Through its subsidiary, Mandiri Securities Singapore, the company extends its reach to international markets, providing underwriting services to foreign companies and serving institutional investors.
Financials and Funding
Mandiri Sekuritas has demonstrated robust financial performance:
- 2022 Performance: The company reported operating revenues of IDR 2.5 trillion, a 32% increase from the previous year, and a net profit of IDR 381 billion.
- 2021 Performance: Operating revenues rose by 55% to IDR 1.234 trillion, with a net profit increase of 137% to IDR 321 billion.
These results reflect the company's strong market position and effective financial strategies.
Pipeline Development
Mandiri Sekuritas has been instrumental in several significant capital market transactions:
- 2022: Successfully completed 101 investment banking transactions, including IPOs, rights issues, placements, and bond issuances. Notably, it managed the IPO of PT GoTo Gojek Tokopedia Tbk, Indonesia's largest IPO to date.
- 2023: Led major IPOs such as PT Pertamina Geothermal Energy Tbk and PT Trimegah Bangun Persada Tbk, raising a total of IDR 19 trillion (approximately USD 1.2 billion).
Technological Platform and Innovation
Mandiri Sekuritas distinguishes itself through:
- Proprietary Technologies: The Growin’ app, integrated with Bank Mandiri's Livin’ app, streamlines account opening and trading processes, significantly enhancing user experience.
- Scientific Methods: Utilizing advanced data analytics and machine learning algorithms to provide clients with insightful market research and investment strategies.
Leadership Team
The leadership team comprises:
- President Commissioner & Independent Commissioner: Hoesen
- Commissioner: Arief Ariyana
- President Director: Mohamad Oki Ramadhana
- Directors: Alex Widi Kristono, Harold Tjiptadjadja, Silva Halim, Theodora Vinca Natalie Manik
These leaders bring extensive experience in finance and capital markets, steering the company towards sustained growth and innovation.
Leadership Changes
In April 2025, Mandiri Sekuritas experienced notable leadership changes:
- Tedi Bharata: Former Commissioner, departed the company.
- Alexandra Askandar: Former Vice President Director, departed the company.
Competitor Profile
Market Insights and Dynamics
The Indonesian capital market is experiencing significant growth, with increasing participation from both institutional and retail investors. Digitalization and regulatory reforms are enhancing market accessibility and efficiency.
Competitor Analysis
Mandiri Sekuritas faces competition from several key players:
- UBS Sekuritas Indonesia: A global entity with a strong institutional focus.
- MNC Sekuritas: Recognized for its extensive retail network and customer service.
- Indo Premier Sekuritas: Known for its comprehensive services and user-friendly platforms.
Mandiri Sekuritas maintains a competitive edge through its integrated digital platforms, comprehensive service offerings, and strong market presence.
Strategic Collaborations and Partnerships
The company has established strategic collaborations, including:
- Bank Mandiri: Leveraging synergies to offer integrated financial solutions.
- Mandiri Securities Singapore: Expanding regional reach and capabilities in global bond markets.
Operational Insights
Mandiri Sekuritas' strategic considerations include:
- Digital Transformation: Continuing to innovate and enhance digital platforms to attract a broader investor base.
- Market Expansion: Strengthening regional presence through subsidiaries and partnerships.
- Client-Centric Approach: Focusing on personalized services and comprehensive financial solutions to meet diverse client needs.
Strategic Opportunities and Future Directions
The company aims to:
- Enhance Digital Services: Further develop and integrate digital platforms to improve customer engagement and operational efficiency.
- Expand Market Reach: Increase presence in regional and global markets through strategic partnerships and offerings.
- Innovate Financial Products: Develop new investment products and services to cater to evolving market demands.
Contact Information
- Official Website: Mandiri Sekuritas
- LinkedIn: Mandiri Sekuritas
- Headquarters: Menara Mandiri I Lt. 24-25, Jl. Jend. Sudirman Kav. 54-55, Jakarta, 12190
