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Indonesia's Financial Authority Appoints Jeffrey Hendrik as Indonesia Stock Exchange Chief Executive for 2026-2030

Indonesia's Financial Services Authority (OJK) has appointed Jeffrey Hendrik as CEO of the Indonesia Stock Exchange (BEI) for 2026-2030, along with a complete seven-member directorate. The appointments follow a fit-and-proper assessment and will be formally approved at the annual shareholders' meeting on June 29, 2026.




Quick Facts
Who
Jeffrey Hendrik
What
Jeffrey Hendrik appointed as CEO of Indonesia Stock Exchange
When
June 18, 2026 - appointments announced
Where
Indonesia
- Jeffrey Hendrik appointed as CEO of Indonesia Stock Exchange
- Seven-member directorate appointed for BEI
- Fit-and-proper assessment process completed
- Directorate appointments announced
- Board approval scheduled at annual shareholders' meeting
Indonesia's Financial Services Authority (OJK) has officially appointed Jeffrey Hendrik as Chief Executive Officer (CEO/Direktur Utama) of the Indonesia Stock Exchange (BEI) for a four-year term from 2026 to 2030. The appointment follows a comprehensive fit-and-proper assessment process of candidates nominated by five shareholder groups of BEI. Hendrik currently serves as acting CEO and Director of Development at BEI.
The complete board of directors for the same period was simultaneously announced on June 18, 2026. The seven-member directorate includes Saidu Solihin as Director of Company Assessment, Irvan Susandy as Director of Trading and Member Regulation, Yulianto Aji Sadono as Director of Transaction Supervision and Compliance, Abdul Munim as Director of Information Technology and Risk Management, Iding Pardi as Director of Development, and Umi Kulsum as Director of Finance, Human Resources, and Administration. Pardi currently serves as CEO of the Indonesian Clearing and Guarantee Company (KPEI).
OJK's appointment was made in accordance with Article 16 of OJK Regulation Number 58/POJK.04/2016 regarding the Board of Directors and Supervisory Board of Stock Exchanges. Hasan Fawzi, Head of Capital Market, Derivatives Finance, and Carbon Exchange Supervision at OJK, confirmed the appointments and stated that the board composition will be formally announced by BEI on June 22, 2026. The seven directors are scheduled to be officially elected and approved by shareholders at BEI's Annual General Meeting of Shareholders (RUPST) on June 29, 2026.
Why This Matters
This leadership appointment signals stability and continuity for Indonesia's primary capital market infrastructure. The formalized directorate structure under OJK oversight strengthens regulatory compliance and investor confidence during a period of potential market expansion. For investors and market participants, these executive appointments clarify governance and operational direction for the exchange's strategic initiatives through 2030.
Timeline & Sources
Jun 18, 2026
WireOJK announces appointment of Jeffrey Hendrik as BEI CEO and complete directorate for 2026-2030
Jun 22, 2026
WireBEI formally announces the directorate composition
Jun 29, 2026
WireAnnual General Meeting of Shareholders (RUPST) approves the directorate appointments