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JAKARTA - The puzzle of the new management of the Indonesia Stock Exchange (IDX) has been answered. Through the Financial Services Authority (OJK) letter number: S-101/D.04/2022 dated June 21, 2022, seven people were appointed as directors of the Stock Exchange for the period 2022-2026.

These names include:

1. Iman Rachman, as President Director2. IGD N Yetna Setia, as Director of Corporate Assessment3. Irvan Susandy, Director of Trading and Member Arrangement of the Exchange4. Kristian Sihar Manullang, Director of Transaction and Compliance Supervision5. Sunandar, Director of Information Technology and Risk Management6. Jeffrey Hendrik, Director of Development7. Risa Effnnita Rustam, Director of Finance and Human Resources

Quoting the OJK letter, the new directors of the Exchange will take office after obtaining approval from the shareholders at the IDX's annual general meeting of shareholders (AGMS) on 29 June.

Figure of Faith Rachman

Among the names above, Iman Rachman's name is in the spotlight. The reason is, apart from Faith, most of the names of the directors of the selected Stock Exchange are part of the management of the Stock Exchange for the 2018-2022 period.

Unlike the other directors, Iman, who was born in Jakarta, May 31, 1972, has left the capital market for a long time after serving as Finance Director of PT Pelabuhan Indonesia II (Persero) from 2016 to 2019.

Then, Iman served as President Director of PT Perusahaan Pengelola Asset (Persero) for the 2019-2020 period, and until now he has served as Director of Strategy, Portfolio & Business Development of PT Pertamina (Persero).

Even so, Iman's work experience is very close to the capital market because he served as manager of PT Danareksa Sekuritas in 1998-2003 and continued as Investment Banking Director of PT Mandiri Sekuritas in 2003-2016.

With the election of Iman as the boss of the Indonesia Stock Exchange, his work will be highly anticipated by capital market investors. Especially in improving the performance of the Composite Stock Price Index (JCI) in the midst of global uncertainty, increasing the number of issuers, to encourage more people to become investors in the capital market.


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