Indonesian Political, Business & Finance News

OJK Receives 4 Packages of BEI Director Candidates

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Regulation

The Financial Services Authority (OJK) has received four packages of director candidates for the Indonesia Stock Exchange (BEI) for the 2026-2030 period. The deadline for submitting director candidate packages to the exchange falls on 4 May 2026.

The Executive Head of the Capital Market, Derivatives Finance, and Carbon Exchange Supervisory Division of OJK, Hasan Fawzi, stated that there are a total of 28 names of BEI director candidates in these four packages.

“Regarding the number of director candidates mentioned, this is because we received four packages with a composition of seven exchange directors, resulting in 28 director candidates registering with OJK,” said Hasan during a press conference for the Monthly Commissioners’ Meeting held online on Tuesday, 5 May 2026.

Hasan stated that OJK is currently conducting checks on the completeness of administrative documents and examining the track records of each candidate. According to him, the profiles of the registered candidates reflect a combination of players with strong experience in the capital market industry. Additionally, there are candidates from professionals in other relevant sectors, including the financial technology and information technology sectors.

The submission of exchange director candidates is regulated under OJK Regulation No. 58 of 2016. Based on these regulations, director candidate packages are submitted by groups of BEI shareholders. Each candidate must meet requirements for integrity, competence, and good financial reputation.

Hasan mentioned that the next stage will involve the candidates undergoing an assessment of their capability and propriety conducted by a committee formed by OJK.

“Going forward, OJK certainly has high expectations and demands for the upcoming BEI directorate, including together with the current BEI board of commissioners, to guide and continue, even accelerate, the integrity reform agendas in Indonesia’s capital market,” he said.

View JSON | Print