OJK States It Has Not Yet Received Names of Prospective BEI Directors

JAKARTA, KOMPAS.com - The Financial Services Authority (OJK) states that up to now, no package of names for prospective directors of the Indonesia Stock Exchange (BEI) has been officially submitted to the regulator.

The Executive Head of Supervision for Capital Markets, Derivative Finance, and Carbon Exchange, Hasan Fawzi, explained that by the end of March, the regulator will provide guidance on the process and requirements for the positions.

“So, nothing has been officially submitted to OJK yet. The deadline is 4 May 2026 for submitting the prospective candidate package,” he said when met after the Oath-Taking Ceremony for Members of the OJK Board of Commissioners on Wednesday (25/3/2026).

Hasan stated that by the end of March, statistics from the past year will serve as a reference for the eligibility 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 propriety of each candidate.

“So, when they come to OJK, we hope the candidates have been well-selected by the securities companies,” Hasan said.

“But go ahead, meaning they might have already started, because it’s time to prepare the 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 added.

After the names of the prospective directors are submitted, OJK will then form a selection committee known to the deputy commissioner in the Capital Markets, Derivative Finance, and Carbon Exchange sector.