Indonesian Political, Business & Finance News

IDX 2026 EGM Approves Alex Widi Kristiono as Commissioner

| | Source: REPUBLIKA Translated from Indonesian | Finance
IDX 2026 EGM Approves Alex Widi Kristiono as Commissioner
Image: REPUBLIKA

The Extraordinary General Meeting of Shareholders (EGM) of PT Bursa Efek Indonesia (IDX) has approved the appointment of Alex Widi Kristiono as a member of the IDX Board of Commissioners. During the meeting held on Wednesday (12/8/2026), shareholders also confirmed the name changes of four shareholders and the transfer of two shares to the IDX through a share buyback mechanism.

IDX President Director Jeffrey Hendrik stated that Alex’s appointment was made to fill the vacant commissioner position following the resignation of M. Oki Ramadhana from the IDX Board of Commissioners. “Based on POJK Number 58/POJK.04/2016, the vacant position on the Board of Commissioners must be filled by a candidate with a background as a Director of an Exchange Member Securities Firm,” Jeffrey said during the online IDX EGM press conference on Wednesday (12/8/2026).

Jeffrey explained that the replacement candidate had been determined by the Financial Services Authority (OJK) through a letter dated 4 August 2026. The EGM subsequently appointed Alex Widi Kristiono as a member of the IDX Board of Commissioners to serve the remainder of the 2024-2028 term.

With this appointment, the composition of the IDX Board of Commissioners consists of Nurhaida as President Commissioner, along with Yozua Makes, Karman Pamurahardjo, Lany Djuwita, and Alex Widi Kristiono as commissioners.

Beyond the change in management composition, the EGM also confirmed the name changes of several IDX shareholders. PT Universal Broker Indonesia Sekuritas changed its name to PT Laba Sekuritas Indonesia. Furthermore, PT UOB Kay Hian Sekuritas became PT Kay Hian Sekuritas, PT OSO Sekuritas Indonesia became PT Sukadana Prima Sekuritas, and PT Jasa Utama Capital became PT Yakin Bertumbuh Sekuritas.

The IDX also received the transfer of one share each from PT IMG Sekuritas and PT HSBC Sekuritas Indonesia through a buyback mechanism. This transfer also altered the data on the composition of IDX shareholders.

The 2026 IDX EGM was attended by 90 shareholders, representing 100 percent of the shareholders with voting rights. The meeting had two agendas: the appointment of a commissioner to fill the vacant position and other matters.

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