OJK States Deadline for BEI Director Candidates Registration is 4 May 2026
Jakarta - The Financial Services Authority (OJK) has informed that the deadline for registering candidate packages for the Board of Directors of the Indonesia Stock Exchange (BEI) is 4 May 2026.
The Executive Head of Capital Market Supervision, Derivatives Finance, and Carbon Exchange, Hasan Fawzi, explained that as of now, no official candidate packages for the BEI Board of Directors have been submitted to the regulator.
“So far, none have been officially submitted to OJK. The deadline will be 4 May 2026. This is the submission deadline for candidate packages,” he said when met after the Oath-Taking Ceremony of the OJK Board of Commissioners Members on Wednesday (25/3/2026).
Meanwhile, the provisions for nominating director candidate packages for BEI will be linked to the proportions of activities of securities companies as of the end of March 2026.
Hasan stated that the one-year backward statistics figure as of the end of March will serve as the reference for the eligibility or suitability of securities companies to submit candidate packages.
Hasan warned that securities companies, as shareholders, are obliged to conduct reviews, research, and checks on the competence and integrity of each candidate.
“So when they come to OJK, we hope that the candidates have been well-selected by the securities companies,” Hasan said.
Hasan emphasised that as of now, no BEI director candidate packages have been submitted to OJK.
“But please go ahead, meaning they might have already started, because it’s time to form candidate packages and so on,” he explained.
“This is the prerogative of the shareholders, the exchange members, the securities companies that are currently shareholders of the exchange,” Hasan said.
For information, as reported by Kontan, there are three emerging exchange director candidate packages: the Jeffrey Hendrik package, who is currently serving as Acting President Director of BEI; the Laksono Widodo package, a former President Director of PT BRI Danareksa Sekuritas; and the Iding Pardi package, who currently holds the position of President Director of PT Indonesia Central Securities Depository (KPEI). Each package consists of seven names.
Each package is supported by at least a minimum of 10 exchange members (AB) who have a cumulative total transaction of at least 10 percent of the total frequency and securities trading over the last 12 months.