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2026 IDX EGMS Approves Commissioner Appointment, Demutualization Preparations Continue

Published on 12/08/2026

Jakarta – Indonesia Stock Exchange (IDX) held its 2026 Extraordinary General Meeting of Shareholders (EGMS) in a hybrid format on Wednesday (12/8), attended by 90 Shareholders, representing 100% of the total Shareholders holding voting rights. The EGMS approved two agenda items: (1) the Appointment of Company’s Commissioner to Fill the Vacant Position on the Board of Commissioners, and (2) Any Other Business (AOB).

Under the first agenda item, the EGMS approved the appointment of Alex Widi Kristiono as a Member of the IDX Board of Commissioners to fill the vacant position following the resignation of M. Oki Ramadhana. The appointment was approved by the Financial Services Authority (OJK) following the completion of the required fit and proper assessment. Alex Widi Kristiono will serve the remainder of the Board of Commissioners’ 2024–2028 term. Following the appointment, the composition of the IDX Board of Commissioners comprises Nurhaida as President Commissioner, with Yozua Makes, Karman Pamurahardjo, Lany Djuwita, and Alex Widi Kristiono serving as Commissioners.

Under the AOB agenda, the EGMS confirmed changes to the Company’s shareholder structure following the implementation of IDX’s share buyback, as well as changes to the names of several Shareholders. These name changes include PT Universal Broker Indonesia Sekuritas to PT Laba Sekuritas Indonesia, PT UOB Kay Hian Sekuritas to PT Kay Hian Sekuritas, PT Oso Sekuritas Indonesia to PT Sukadana Prima Sekuritas, and PT Jasa Utama Capital to PT Yakin Bertumbuh Sekuritas. In addition, one share each held by PT IMG Sekuritas and PT HSBC Sekuritas Indonesia was transferred to IDX as part of the share buyback implementation.

On the occasion, IDX also provided an update on the Company’s demutualization preparations as part of efforts to strengthen the governance and independence of the Stock Exchange, in line with Law No. 4 of 2026 amending Law No. 4 of 2023 on Financial Sector Development and Strengthening (P2SK Law). The preparations are being carried out through coordination with OJK and communication with Shareholders to ensure that all stages are conducted in accordance with applicable regulations.

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