TEMPO.CO, Jakarta - The Financial Services Authority (OJK) has appointed its slate of candidates for the Indonesia Stock Exchange (IDX) Board of Directors for the 2026-2030 term. The lineup will soon be put forward for final approval at the Annual General Meeting of Shareholders (AGMS) scheduled for June 29, 2026.
Among the appointed lineup is Jeffrey Hendrik, who has been tapped to serve as the IDX President Director for the 2026-2030 period. Jeffrey currently serves as the acting President Director of the local bourse.
"Yes, that is correct, in line with the letter submitted by OJK to the IDX directors," Hasan Fawzi, the OJK Executive Head of Securities Market, Derivatives, and Carbon Exchange Supervision, confirmed in Jakarta on Thursday, June 18, 2026, as quoted by Antara.
OJK has also appointed Saidu Solihin as the Director of Company Assessment, and Irvan Susandy as the Director of Trading and Member Regulation. Furthermore, the regulator has selected Yulianto Aji Sadono as the Director of Transaction Supervision and Compliance, alongside Abdul Munim as the Director of Information Technology and Risk Management.
In addition, OJK named Iding Pardi as the Development Director. Iding currently holds the top job as the President Director of the Indonesian Clearing and Guarantee Corporation (KPEI). Rounding out the board is Umi Kulsum, who has been appointed as the Director of Finance, Human Resources, and General Affairs.
All seven nominees will be formally proposed and submitted for shareholder approval during the 2026 IDX Annual General Meeting of Shareholders (AGMS) on Monday, June 29, 2026.
Below is the complete list of IDX board of director candidates for the 2026-2030 period appointed by OJK ahead of the upcoming AGMS ratification:
- President Director: Jeffrey Hendrik
- Director of Company Assessment: Saidu Solihin
- Director of Trading and Member Regulation: Irvan Susandy
- Director of Transaction Supervision and Compliance: Yulianto Aji Sadono
- Director of Information Technology and Risk Management: Abdul Munim
- Director of Development: Iding Pardi
- Director of Finance, Human Resources, and General: Umi Kulsum
The regulatory appointments were made in accordance with Article 16 of Financial Services Authority Regulation (POJK) Number 58/POJK.04/2016 concerning the Board of Directors and Board of Commissioners of the Stock Exchange. Furthermore, the selection follows a fit-and-proper assessment conducted by the central evaluation committee tasked with screening the prospective leaders of the IDX for the 2026-2030 tenure.
Read: How Purbaya Secured Rp301.8 Trillion in AIIB Funds
Click here to get the latest news updates from Tempo on Google News
Will Rupiah Depreciation Trigger Bank Rush?
12 hari lalu
OJK states that bank management must always maintain public trust by ensuring performance to avoid a bank rush risk.
What Is the Impact of Rupiah Weakening on Banks?
12 hari lalu
The OJK will remain vigilant about the risks posed by a weakening rupiah to financial institutions.
OJK Prepares Incentives to Support Export Earnings Retention
27 hari lalu
OJK is readying incentives to help enhance foreign exchange proceeds (DHE) from exports of natural resources.
New Sharia Bank Set to Launch This Year, OJK Says
31 hari lalu
OJK explained that industry consolidation also continues in the Sharia rural bank (BPR) sector through the merger of 21 Sharia BPRs.
Analysts Predict Rp31tn in Foreign Capital May Exit Indonesian Stocks
35 hari lalu
An analyst estimated that up to Rp31 trillion in foreign capital could leave the Indonesian stock market following the MSCI index adjustment.
OJK: MSCI Rebalancing Is a Consequence of Market Reform
35 hari lalu
OJK official Hasan Fawzi addresses the exclusion of several Indonesian stocks from the MSCI index.
OJK Responds to Prabowo's Plan to Cut People's Business Credit Interest Rates
37 hari lalu
Indonesian President Prabowo expresses his desire to cut people's business credit interest rates in a speech during Labor Day celebration last week.
Indonesia's Growing Gold Demand Spurs Bullion Bank Expansion
39 hari lalu
Financial Services Authority (OJK) says increasing national demand for gold presents an opportunity to develop domestic production capacity.
Prabowo Approves 7 Bank Indonesia Measures to Strengthen Rupiah
43 hari lalu
Indonesian President Prabowo Subianto approved seven Bank Indonesia (BI) strategies to strengthen the rupiah exchange rate.
MSCI Extends Indonesia Index Suspension, OJK Responds
57 hari lalu
Indonesia's Financial Services Authority (OJK) evaluates MSCI's recognition of various steps taken by the OJK and the Indonesia Stock Exchange (BEI).
:strip_icc():format(jpeg):watermark(kly-media-production/assets/images/watermarks/bola/watermark-color-landscape-new.png,1125,20,0)/kly-media-production/medias/5495647/original/074499000_1770385031-barba.jpeg)
