Jeffrey Hendrik Named Interim IDX CEO

JAKARTA, Investortrust.id — Finance Minister Purbaya Yudhi Sadewa said on Saturday, Jan 31, 2026 in Jakarta that Indonesia Stock Exchange had appointed Jeffrey Hendrik as interim chief executive officer to ensure leadership continuity after the resignation of Iman Rachman.

The appointment was made to fill the top vacancy at the exchange following Rachman’s resignation on Friday, Jan 30, 2026.

“Yes,” Purbaya said briefly when asked by reporters at Wisma Danantara about the interim appointment.

He explained that Jeffrey’s designation as interim CEO was carried out through the exchange’s internal mechanism via a board of directors meeting and had received approval from the board of commissioners.

Jeffrey said the official announcement of the interim CEO would be completed before the start of stock trading on Monday, Feb 2, 2026.

“Yes, before trading,” Jeffrey told reporters when asked about the timing of the announcement.

Asked about the name of a definitive replacement, including whether it would come from within the exchange, Jeffrey declined to elaborate.

“Please wait,” he said.

Jeffrey also stressed that all exchange operations would continue to run normally during the leadership transition and that management decision making would not be disrupted.

“We reaffirm our commitment to building a world class capital market, not only in terms of trading value and market capitalization, but also in transparency and governance,” Jeffrey said.

He added that the exchange would continue strengthening transparency and governance standards across its operations.

The appointment refers to OJK Regulation No. 58/POJK.04/2016 on the Board of Directors and Board of Commissioners of the exchange, which governs interim leadership arrangements.

Under the rule, if the CEO position becomes vacant, another director must be appointed as interim CEO through a board decision with prior approval from the board of commissioners.

The interim official is authorized to carry out all duties and powers of the CEO until a definitive replacement is formally appointed.