IDX Board Appoints Jeffrey Hendrik as Acting President Director

13 hours ago 6

February 3, 2026 | 06:27 pm

TEMPO.CO, Jakarta - Indonesia Stock Exchange (IDX) has appointed Jeffrey Hendrik as the acting President Director. This appointment was made through a board of directors' meeting last Friday, January 30, 2026.

"The temporary replacement is Pak Jeffrey. It's a board decision," said Sunandar, IDX's Director of Information Technology and Risk Management, to the media at IDX's Media Center in Jakarta on Tuesday, February 3rd, 2026, as reported by Antara.

Sunandar revealed that Iman Rachman's resignation as IDX President Director is still in process. Once the process is completed, the transfer of leadership to Jeffrey Hendrik will be officially announced.

"Well, the mechanism for his resignation has to go through a process," said Sunandar.

He stated that Jeffrey Hendrik will hold the position of acting president director until the Annual General Meeting of Shareholders (RUPST) of IDX in June 2026.

Iman Rachman resigned as the President Director of IDX last Friday. This decision was made after the Jakarta Composite Index (JCI) plummeted on January 28-29, 2026. Sentiments from Morgan Stanley Capital International (MSCI) also influenced investors in the capital market, leading to panic selling.

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