KPEI Director Ready to Become Candidate for CEO of Indonesia Stock Exchange
The President Director of PT Kliring Penjaminan Efek Indonesia (KPEI), Iding Pardi, has stated his readiness to advance as a candidate for the President Director position at PT Bursa Efek Indonesia for the 2026-2030 period.
The determination of the new board of directors for Bursa Efek Indonesia (BEI) will be decided through an Extraordinary General Meeting of Shareholders (EGMS) in June 2026. “Insha Allah, preparations are underway,” said Iding, as quoted from Antara on Friday, 27 March 2026.
Furthermore, Iding confirmed the details of six other names in the candidate package for BEI’s board of directors. “Yes, that’s correct,” Iding stated when asked about the composition of the proposed BEI board candidates.
For information, the selection of BEI director candidates is conducted through a package system, whereby Exchange Members (AB) propose a complete team consisting of the president director and several functional directors.
The following is the composition of the proposed BEI director candidates, confirmed by KPEI’s President Director Iding Pardi:
KPEI President Director - Iding Pardi
Director of PT Elit Sukses Sekuritas - Zaki Mubarak
Head of BEI Transaction Supervision Division - Yulianto Aji Sadono
KPEI Director - Umi Kulsum
Former President Director of Bumiputera Sekuritas - Ahmad Subagja
Director of Pefindo Credit Bureau - Yohannes Liauw
Director of PT UBS Sekuritas Indonesia - Andre Tjahjamuljo
On the other hand, Iding stated that the proposed BEI director package has not yet been submitted to the Financial Services Authority (OJK), the authority responsible for conducting the selection process. “The process has not started,” said Iding.
Previously, the Executive Head of Capital Market, Derivative Finance, and Carbon Exchange Supervision at OJK, Hasan Fawzi, said that no candidate packages for BEI directors have been received as of now. The deadline for submitting director candidate packages is set for 4 May 2026 in accordance with applicable regulations.
“Not yet, absolutely nothing has come to OJK (BEI director candidate packages). But please go ahead, meaning they might have started. Because it’s time to form candidate packages and so on, we invite them to follow the market mechanism,” Hasan said.