Adrian Gunadi, co-founder and former CEO of the beleaguered Indonesian P2P lending firm Investree, has assumed the role of CEO at JTA Investree Doha, a joint venture between Investree and Qatar-based JTA International Holdings.
The appointment was reported by local media, although the company has not made a public announcement.
On JTA Investree Doha’s website, Gunadi is listed as CEO, alongside Amir Ali Salemi as chairman, who has held the CEO role at JTA International Investment since April 2010.
Gunadi declined to comment when contacted by DealStreetAsia, citing legal obligations.
According to the website, JTA Investree Doha Consultancy, a subsidiary of JTA International Investment Holding, positions itself as a global fintech enabler that develops advanced software and AI-driven solutions for digital lending.
It targets banks, non-bank financial institutions, and fintech players. Beyond technology, the company also provides access to capital and operational know-how to support its partners’ growth through embedded finance offerings.
“From our global headquarters in Doha, Qatar, we aim to work with key partners primarily in the Middle East, Asian, and African countries,” the company states.
JTA Investree was established in 2023 after Investree secured $231 million in a Series D funding round led by JTA International Holding.
Investigation in Indonesia
The move comes as Gunadi has been named a suspect in a fraud investigation involving Investree. He has been placed on Indonesia’s Wanted List (Daftar Pencarian Orang or DPO) and is believed to have been residing in Doha since last year. He has not been detained so far.
Indonesia’s Financial Authority Services (OJK) gave its last public statement regarding Gunadi in May 2025.
“Based on the information we have received, Mr. Adrian is currently still in Doha. OJK continues to coordinate with law enforcement authorities in pursuing legal action against Mr. Adrian Gunadi, including efforts to bring him back to Indonesia and recover losses suffered by lenders,” said Agusman (who goes by a single name), OJK’s head of capital market and cooperative supervision.
In March 2025, Investree officially entered liquidation after its licence was revoked by the OJK in October 2024. A liquidation team was appointed to handle all related matters, including the verification and settlement of any claims.
Following that, the liquidation team has recorded that a total of 1.669 lenders have submitted refund claims, the majority of whom are individuals. The list also includes 14 institutional lenders, including Amar Bank, Bank Raya Indonesia, and IDX-listed e-commerce firm Blibli’s parent company, PT Global Digital Niaga.
According to a report from Katadata, Investree’s lawyer for its lenders, Grace Sihotang, said the refund process could up at least two years. The company’s assets are split into two categories: tangible, recorded assets such as cash and fixed capital, and uncollectible receivables from borrowers. Refunds will be distributed based on asset recovery progress in both categories.
While OJK has reiterated its commitment to overseeing the liquidation process, it has declined to provide a guaranteed timeline for the return of funds.
