Business & Finance
Indonesia Taps Insider to Revive World’s Worst Stock Market
Key Points
Indonesia Taps Insider to Revive World’s Worst Stock Market Indonesia named capital markets veteran Jeffrey Hendrik as chief executive of its stock exchange, the latest effort to bolster investor confidence in the world’s worst-performing equity market. Hendrik will serve a four-year term through 2030, according to the Financial Services Authority. He will be formally appointed, alongside six other executives, at a shareholders’ meeting on June 29, Hasan Fawzi, the regulator’s head of...
Indonesia Taps Insider to Revive World’s Worst Stock Market
Indonesia named capital markets veteran Jeffrey Hendrik as chief executive of its stock exchange, the latest effort to bolster investor confidence in the world’s worst-performing equity market.
Hendrik will serve a four-year term through 2030, according to the Financial Services Authority. He will be formally appointed, alongside six other executives, at a shareholders’ meeting on June 29, Hasan Fawzi, the regulator’s head of capital market supervision, said Thursday.