January 30, 2026 | 07:20 pm
TEMPO.CO, Jakarta - The Financial Services Authority (OJK) announced in Jakarta on Friday evening that the Chairperson of the OJK Board of Commissioners, Mahendra Siregar, and the Chief Executive of Capital Market, Financial Derivatives, and Carbon Exchange Supervision (PMDK), Inarno Djajadi, have submitted their resignations.
In addition, I.B. Aditya Jayaantara, the Deputy Commissioner for Issuer Supervision, Securities Transactions, Special Audits, Financial Derivatives, and Carbon Exchange Supervision (DKTK), also tendered his resignation.
According to the press release, Mahendra Siregar stated that his resignation, alongside those of the PMDK Chief Executive and DKTK Deputy Commissioner, represents a moral responsibility to support the necessary recovery steps.
The OJK emphasized that these resignations do not affect the execution of its duties, functions, or authority in regulating, supervising, and maintaining the stability of the national financial services sector.
In this regard, the duties and responsibilities of the Chairperson of the Board of Commissioners, the Head of the PMDK, and the DKTK will be temporarily carried out in accordance with applicable laws and governance provisions.
Earlier today, the President Director of the Indonesia Stock Exchange (IDX), Iman Rachman, announced his resignation. This departure followed significant turmoil in the Indonesia Composite Index (IHSG) over the past two days.
"I'm resigning as the President Director of the Indonesian Stock Exchange. I hope this is for the best of the capital market. Hopefully, with my resignation, our capital market will become better," Iman told reporters in the IDX media room.
Iman, who has served as President Director since 2022, stated that his resignation is an act of accountability.
The 8 percent decline in the IHSG on Thursday, January 29, 2026, triggered temporary trading halts for two consecutive days. This sharp, consecutive drop occurred after Morgan Stanley Capital International (MSCI) temporarily froze its Indonesian stock index rebalancing. This move aligns with MSCI's review of rules concerning the number of publicly traded shares, or free float, on the Indonesian stock exchange.
Read: Timeline of Indonesia's IHSG Slump Leading to IDX CEO's Resignation
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