The number of high-net-worth individuals (HNWIs) in Indonesia is rising, with Deposit Insurance Corporation (LPS) data showing a 3.56 percent increase in accounts holding deposits above IDR5 billion from May 2024 to May 2025. The nominal value of these deposits grew by 4.38 percent over the same period. As wealth transitions from founders to the next generation, financial institutions are addressing the need for both financial and strategic readiness among successors.
Bank DBS Indonesia, through its private banking division DBS Treasures Private Client, aims to support clients and their heirs as trusted partners in managing cross-generational wealth. The bank emphasizes helping families achieve sustainable business expansion and adapt to evolving challenges.
According to PwC's Global NextGen Survey 2024, younger generations are increasingly focused on transforming governance and strategies within family businesses. They are moving toward professional management practices, diversifying products and services, and exploring international markets—a shift that reflects a broader cultural transition from inheritance to transformation.
DBS Treasures Private Client’s own research highlights that many customers struggle with complex information while running businesses and preparing their successors for leadership amid rapid technological changes. While next-generation members bring innovative ideas, they also face pressure to prove themselves as capable leaders.
"That is why, entering its seventh year, DBS Treasures Private Client is committed to becoming a trusted partner across generations so that customers and their successors achieve sustainable expansion more powerfully. We achieve this through three main pillars: global expertise with an Asian perspective, expert dialogue supported by strategic connections, and an Asia-wide network with comprehensive advantages," said Consumer Banking Director PT Bank DBS Indonesia Melfrida Gultom.
“The second pillar, expert dialogue supported by strategic connections, has become our new focus, as expert discussions are the perfect vehicle for gaining the latest insights while building strategic connections for current and future expansion. We host Monthly & Annual Market Updates, DBS Chief Investment Office Insights, DBS Asian Insights, and the DBS Spring Festival. To engage customers and their next generation, we introduce DBS Expert Connection, which connects customers with industry experts and business leaders across various countries. Meanwhile, DBS NextGen Excursion supports the next generation as they prepare to expand their horizons, explore careers, and network with top experts and future leaders,” said Head of Segmentation, Liabilities, and Secured Lending PT Bank DBS Indonesia Natalina Syabana.
During a recent event organized by DBS Treasures Private Client, Rhenald Kasali—professor at University of Indonesia’s Faculty of Economics and Business (FEB UI) and Founder of Rumah Perubahan—was introduced as a partner for an upcoming session titled Tech Driven Transformation: Evolving Business, Emerging Lessons scheduled for September. Participants will have opportunities to visit organizations such as Huawei, BYD, and DBS Hong Kong to learn about innovation strategies used by leading companies.
“The whole world is turning to China, which has successfully disrupted the world with the ‘factory of the world’ concept. Indonesian companies only have two choices: compete or collaborate with the factory of the world. In essence it means being innovative as well as efficient. On the other hand each generation face different challenges. Today the new generation are dealing with a disruptive business landscape and is required to rebuild the future of the company founded by the previous generation. Corporate networking and personal networking are the determinants,” he said.
“The need for wealth management solutions is evolving and shifting towards more business-agnostic solutions. At DBS Treasures Private Client we pride ourselves on being a trusted partner that not only offers market analysis expertise and technological strength but also provides clients with strategic access to a strong regional network in Asia to unlock asset growth potential and cross-border business opportunities. This holistic approach enables us to assist our clients in building managing and passing on wealth across generations in a sustainable manner,” Melfrida concluded.
PT Bank DBS Indonesia operates under supervision from The Indonesian Financial Services Authority (OJK) https://www.lps.go.id/berita/informasi-terkini/perkembangan-simpanan-bank-umum-mei-2025.html#:~:text=Perkembangan%20rekening%20nasabah%20dengan%20saldo%20di%20atas%20Rp5%2C0%20miliar,billion), according to LPS data., maintaining membership in Indonesia Deposit Insurance Corporation (LPS). Established in 1989 as part of Singapore-based DBS Group—which has operations in 19 markets including Greater China https://www.dbs.com/about-us/default.page , Southeast Asia https://www.dbs.com/about-us/default.page , South Asia https://www.dbs.com/about-us/default.page —the bank focuses on providing comprehensive banking services tailored for customer needs throughout Asia.