OJK Receives Four Packages of BEI Director Candidates for 2026-2030
The Financial Services Authority (OJK) has received submissions for four packages of candidates for the board of directors of PT Indonesia Stock Exchange (BEI) for the 2026-2030 period, after the submission deadline closed on 4 May 2026. Each package contains seven director candidates, resulting in a total of 28 individuals who have registered with OJK.
“The number of director candidates in question is, of course, because we received four packages, with the exchange’s board composition being seven, so there are 28 BEI director candidates who have registered with OJK,” stated the Executive Head of Capital Market, Derivatives Finance, and Carbon Exchange Supervision at OJK, Hasan Fawzi, during a press conference for the April 2026 Monthly Commissioners’ Meeting (RDKB) held virtually in Jakarta on Tuesday, 5 May 2026.
Hasan said that OJK is still conducting the process of checking the completeness of administrative documents, background checks, and records for each submitted candidate.
“In general, we can say that the profiles of the candidates who have entered reflect a combination of players with strong experience in the capital market industry, of course, as well as candidates from professionals in other relevant sectors, including the financial sector and information technology,” Hasan remarked.
Based on OJK Regulation (POJK) No. 58 of 2016, submissions are made in the form of packages of director candidates proposed by groups of BEI shareholders, with each candidate required to meet integrity, competency, and good financial reputation requirements.
In the next stage, the aforementioned BEI director candidates must pass the assessment of capability and propriety conducted by a committee formed by OJK.
“Of course, the entire selection mechanism is designed to ensure that all candidates have adequate capacity to later carry out the management functions of the stock exchange’s activities in a professional, independent, and integrity-based manner,” Hasan stated.
According to him, OJK has high expectations and demands for the next BEI board of directors. They are expected to guide and accelerate the agenda of capital market integrity reform in Indonesia.
He explained that this agenda also includes strengthening market integrity through the implementation of structural and comprehensive reforms, as well as being able to increase liquidity and deepen the market.
In addition, strengthening governance and transparency, as well as continuously developing reliable and adaptive exchange infrastructure to various latest technological developments.
OJK hopes that the new leadership can strengthen BEI’s position and the Indonesian capital market, especially in the eyes of regional and global investors.
“This includes fulfilling various standards and meeting expectations from global index providers, as well as encouraging increased participation from domestic investors, particularly institutional domestic investors, in a deeper and more sustainable manner,” Hasan said.