OJK to Announce New IDX Board of Directors on 22 June 2026

The selection process for candidates for the Indonesia Stock Exchange (IDX) Board of Directors for 2026-2030 has begun. The Financial Services Authority (OJK) will announce the results of the selected directors no later than 22 June.

Head of the Capital Market, Derivative Finance, and Carbon Exchange Executive Supervision at OJK, Hasan Fawzi, stated that his side had conducted the inaugural fit and proper test or suitability and propriety assessment yesterday, Tuesday (12/4/2026).

His side will announce the seven selected names no later than seven days before the Annual General Meeting of Shareholders (AGMS).

“That is the latest (announced) 7 days before the AGMS is held. This AGMS is on 29 June. So no later than 22 June it will be informed to the public through the media as well,” Hasan explained.

Four packages of IDX Board of Directors candidates are currently undergoing capability and propriety assessment or fit and proper test by the committee formed by the Financial Services Authority (OJK) today, Tuesday (12/5/2026).

This was confirmed by two IDX President Director candidates, Jeffrey Hendrik and Iding Pardi. Currently, Jeffrey Hendrik is known as the acting President Director of IDX, while Iding Pardi is the President Director of KPEI.

“Yes, that’s true (today there is a Fit and Proper Test),” both stated when contacted separately by CNBC Indonesia.

Both also answered confirmation questions regarding their candidacy in the list of four director packages for IDX that will be selected at the IDX Shareholders’ General Meeting (SGM) before the second semester of this year.

Previously, another name rumoured to be in the candidate pool, Oki Ramadhana, has also confirmed his participation in the contest. Oki currently serves as President Director of Mandiri Sekuritas (Mansek) and Chairman Commissioner of IDX.

“If registered, yes, registered, just the process. Later just the process at OJK however. That’s all. We must help this country,” Oki stated when met at the IDX Building, Jakarta, Monday (11/5/2026).

Another name reportedly entering the IDX Board of Directors candidate pool is Laksono Widodo. However, CNBC Indonesia has not yet received confirmation regarding this until this news was written.