Indonesian Political, Business & Finance News

PJAA CEO Resigns Ahead of Annual General Meeting

| | Source: KOMPAS Translated from Indonesian | Business
PJAA CEO Resigns Ahead of Annual General Meeting
Image: KOMPAS

JAKARTA, KOMPAS.com - The President Director of PT Pembangunan Jaya Ancol Tbk (PJAA), Winarto, has resigned from his position effective Monday (13 April 2026), ahead of the Annual General Meeting of Shareholders (AGMS).

According to a disclosure to the Indonesia Stock Exchange (BEI) on Tuesday (14 April 2026), PJAA’s management stated that it had received Winarto’s resignation letter on that date.

“The company has received the resignation letter from Mr Winarto as President Director of the company on 13 April 2026,” the management wrote.

“There is no material impact on the company’s operational activities, legal matters, financial condition, or business continuity,” the management added.

For context, Winarto was entrusted to lead PJAA since 18 August 2022, based on a shareholders’ decision at the AGMS. His appointment marked the continuation of his long journey in the property and recreation industries, particularly within the Jaya Ancol Group.

Throughout his career, Winarto has a strong track record in various strategic positions. He served as a member of the Supervisory Board of the Gelora Bung Karno Complex Management Centre from 2021 to April 2023, after previously serving as its President Director from 2016 to 2021.

Within PJAA, Winarto has also held various important positions, starting from Deputy Director of Property (2002–2005), Director of Property (2005–2008), to Director of Property and Recreation (2008–2011), and Director of Recreation from 2011–2014.

Additionally, he served as President Director of PT Jaya Ancol Pratama Tol from 2010–2012, and President Director of PT Philindo Sporting and Tourism Indonesia from 2002–2015. During the same period, he was also appointed as President Commissioner of PT Seabreez Indonesia.

In line with Winarto’s resignation, PJAA is scheduled to hold its AGMS on the same day. On the agenda, the company will seek approval for the annual report, including the ratification of the financial statements for the fiscal year ended 31 December 2025.

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