APMMI National Seminar Explores the Future of Gold-Based Finance in Indonesia

On Saturday, 4 July 2026, the Alliance of Master of Management Programs in Indonesia (APMMI) successfully held its National Seminar, “Bullion Bank and the Future of Finance: Transforming Gold into a Strategic Financial Instrument for Indonesia.” Held online from 09:00 to 10:45 WIB, the seminar drew more than 800 participants, comprising Master of Management students and faculty from APMMI member institutions across the country, including PPM School of Management.

The seminar was officially opened by Prof. Amin Wibowo, Ph.D., Chairman of APMMI, who emphasized the importance of collaboration between academia and industry in preparing future business leaders to navigate a rapidly evolving financial landscape. Prof. Rofikoh Rokhim, Ph.D., moderated the session and guided an engaging exchange of ideas throughout the discussion.

The keynote was delivered by Ferdian Timur Satyagraha, Chief Financial Officer of PT Pegadaian, who shared comprehensive insights into the development of Indonesia’s bullion ecosystem and the strategic role of the Bullion Bank in strengthening the national financial system. He explained that gold is increasingly positioned not merely as a store of value, but as a productive financial instrument, supported by services such as gold savings, gold deposits, bullion financing, and gold trading.

A Bullion Bank generally functions as a dedicated institution for managing gold-based transactions, from custody and financing to trading, allowing gold to move beyond the vault and into the productive economy. This model gives individuals and businesses more structured ways to unlock value from gold holdings that would otherwise sit idle.

The discussion also underscored Indonesia’s significant potential as one of the world’s leading gold-producing countries, along with the importance of mobilizing idle gold assets to support economic growth, financial inclusion, and sustainable national development.

For many of the Master of Management participants in attendance, the session offered a timely reminder that financial innovation in Indonesia is expanding well beyond conventional instruments, and that gold, long treated as a passive asset, may increasingly shape strategic financial decision-making in the years ahead.