Key insights and market outlook
PT Jasa Marga (Persero) Tbk has responded to Seppalga Ahmad's appointment as Independent Commissioner at Danareksa. The company will adjust his position following his new role at Danareksa, effective since November 12, 2025. Jasa Marga appreciates Ahmad's contributions during his tenure as their Independent Commissioner.
PT Jasa Marga (Persero) Tbk has issued a statement regarding Seppalga Ahmad's appointment as Independent Commissioner at PT Danareksa (Persero), effective November 12, 2025. The company will be making necessary adjustments to Ahmad's position at Jasa Marga following his new role at Danareksa.
Jasa Marga has expressed its highest appreciation for Seppalga Ahmad's contributions during his tenure as Independent Commissioner. Corporate Secretary & Chief Administration Officer Ari Wibowo stated that the company values Ahmad's service and recognizes his role in guiding the company.
This development highlights the interconnectedness of major state-owned enterprises in Indonesia, particularly in the financial and infrastructure sectors. The appointment of a senior executive like Seppalga Ahmad to multiple significant roles demonstrates the cross-pollination of talent among key government-linked companies.
While Jasa Marga has acknowledged Ahmad's new role, the company's statement suggests a smooth transition process. The market will be watching how this change affects both Jasa Marga and Danareksa's strategic decisions moving forward.
Executive Appointment at Danareksa
Corporate Position Adjustment at Jasa Marga