On Rumours of BEI Director Candidates Package, KPEI Boss Iding Pardi Speaks Out

Jakarta, CNBC Indonesia - The Indonesia Stock Exchange (BEI) will enter a new leadership period for 2026-2030. An Extraordinary General Meeting of Shareholders (EGMS) will be held to determine the leadership of the capital market regulator in the country. Several strong names from the capital market, banking, and national corporate sectors have emerged in three circulating packages as director candidates. One of them is the Iding Pardi team package. Currently, Iding Pardi serves as President Director of PT Kliring Penjaminan Efek Indonesia (KPEI), an important institution in the capital market infrastructure responsible for clearing and guaranteeing exchange transactions. Rumours circulate that the Iding Pardi team is bolstered by several names with strategic backgrounds, from securities companies and capital market support institutions to credit rating agencies. The Iding Pardi team includes Zaki Mubarak, currently Director of PT Elit Sukses Sekuritas; Yulianto Aji Sadono, currently Head of Division at the Indonesia Stock Exchange (BEI); Umi Kulsum, Director at KPEI; Ahmad Subagja, former President Director of Bumiputera Sekuritas; Yohannes Liauw, currently Director at Pefindo Credit Bureau; and Andre Tjahjamuljo, currently Director at PT UBS Sekuritas Indonesia. When confirmed, Iding confirmed the information regarding the director candidate package. “Insha Allah, it’s true,” he told CNBC Indonesia on Wednesday (25/3/2026). Unfortunately, Iding could not yet reveal more details regarding priority programmes and the vision and mission to be implemented, as they are still in the formulation process. “The details are being formulated by the team,” he explained. However, he emphasised that they will strengthen management governance, which is the root of trust for capital market players. “But clearly, we want governance to be the foundation for trust and growth in the capital markets,” he concluded.