JAKARTA - The Indonesia Stock Exchange (IDX) officially appointed Jeffrey Hendrik as President Director for the period 2026-2030 through the Annual General Meeting of Shareholders (RUPST) held on Monday, June 29.
Jeffrey conveyed the target to bring the IDX into the ranks of the 10 largest stock exchanges in the world by 2030.
"In 2030 we believe it is not easy but this is what we must achieve, what we want to achieve for the Indonesian capital market or the Indonesian Stock Exchange in the future is how we can bring the Indonesian Stock Exchange to 10 among the 10 largest stock exchanges in the world," he said in an online press conference, Monday, June 29.
Currently, the position of the IDX is still ranked 19th in the world in terms of market capitalization and ranked 17th based on transaction value.
Therefore, he conveyed that he would prepare various strategic steps to increase the competitiveness of the Indonesian capital market in the next few years.
To achieve this target, Jeffrey has prepared a number of key focuses, namely increasing transaction activity in the capital market, developing non-transactional revenue sources, strengthening the number and quality of listed companies, and expanding capital market inclusion so that it can reach more investors from various backgrounds.
Jeffrey also revealed a number of IDX performance targets until 2030, namely an increase in market capitalization to Rp. 30,000 trillion, almost double compared to the 2025 position which was recorded at Rp. 15,849 trillion.
In addition, the average daily transaction value is targeted to increase to Rp31 trillion per day by 2030, compared to Rp18.1 trillion per day in 2025.
"The target market capitalization is Rp30,000 trillion, the second target is the average daily transaction value of Rp31 trillion," he said.
In terms of the number of issuers, the IDX targets more than 1,100 listed companies in 2030, up from 956 issuers in 2025. Meanwhile, the number of capital market investors is expected to grow to 35 million investors from around 20.3 million investors currently.
BEI also aims to increase the market capitalization ratio to gross domestic product (GDP) or market cap to GDP ratio to more than 83 percent by 2030, compared to 66.5 percent in 2025.
The following is the complete composition of the Board of Directors of the Stock Exchange of Indonesia elected for the period 2026-2030:
President Director: Jeffrey Hendrik Corporate Valuation Director: Saidu Solihin Director of Trade and Regulation of Exchange Members: Irvan Susandy Director of Transaction and Compliance Supervision: Yulianto Aji Sadono Director of Information Technology and Risk Management: Abdul Munim Director of Development: Iding Pardi Director of Finance, Human Resources, and General Affairs: Umi Kulsum
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