OJK Selects New IDX Board of Directors, Focuses on Strengthening Governance and National Capital Market

The Financial Services Authority (OJK) has determined the candidates for the Board of Directors of PT Bursa Efek Indonesia (IDX) for the 2026-2030 term. This decision is a crucial part of maintaining governance continuity and developing the Indonesian capital market amid increasing domestic investment activity.

Hasan Fawzi, Chief Executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision at OJK, stated that the selected names will now be submitted for approval at the IDX’s Annual General Meeting of Shareholders (RUPST) scheduled for 29 June 2026.

“Yes, that is correct, in accordance with the OJK letter submitted to the IDX board of directors,” Hasan confirmed in Jakarta on Thursday (18/6/2026).

OJK has appointed Jeffrey Hendrik as President Director of the IDX. Jeffrey currently serves as the Acting (Pjs) President Director of the IDX.

To assist Jeffrey, OJK has appointed Saidu Solihin as Director of Corporate Assessment and Irvan Susandy as Director of Trading and Exchange Member Regulation.

Additionally, Yulianto Aji Sadono has been appointed as Director of Transaction Supervision and Compliance, Abdul Munim as Director of Information Technology and Risk Management, and Iding Pardi as Director of Development. Iding currently serves as President Director of the Indonesian Clearing and Guarantee Corporation (KPEI).

Meanwhile, Umi Kulsum has been appointed as Director of Finance, Human Resources, and General Affairs.

The appointment of the new board of directors is expected to strengthen the development of the national capital market, including enhancing trading liquidity, investor protection, digital transformation, and the exchange’s competitiveness amid global economic dynamics.

The seven nominees will be proposed for approval at the IDX’s 2026 Annual General Meeting of Shareholders, which will be held on Monday (29/6/2026).