Hasan Fawzi Targets Indonesian Stock Exchange Market Capitalisation of Rp25 Trillion

Jakarta — Hasan Fawzi, Head of the Financial Services Authority (OJK) Executive Division for Innovation in Financial Sector Technology, Digital Financial Assets and Cryptocurrency Supervision, has announced a series of targets should he be appointed as Acting Head of Capital Market, Financial Derivatives and Carbon Exchange Supervision at the OJK.

Fawzi has set his sights on pushing Indonesia Stock Exchange (BEI) market capitalisation to Rp25 trillion over the next five years until 2031.

“Market capitalisation is targeted to reach Rp25 trillion, equivalent to approximately 80% of national GDP,” said Hasan during the fit and proper test for OJK Board of Commissioners candidates conducted jointly with Commission XI of the Indonesian House of Representatives in Jakarta on Wednesday, 11 March 2026.

In addition, Fawzi is targeting an increase in the number of investors to 30 million Single Investor Identification (SID) accounts by 2031. The average daily trading value (RNTH) of the BEI is targeted to reach Rp35 trillion per day.

“In line with this, there should be increases both in the number of listed companies and in the amount of funds managed by investors,” he added.

Commission XI of the House of Representatives is conducting a fit and proper test for 10 candidates for OJK Board of Commissioners positions on Wednesday, 11 March 2026. On the same day, Commission XI will also make decisions regarding five candidates selected to fill the vacant positions at the OJK.