Honorary Council

The Honorary Council proposed by the Management to ratify by the Members General Meeting for a term of 3 years. The Honorary Council has the tasks:

• giving its opinion on the interpretation of BAPMI's rules and Articles of Association upon the Management's request;
• formulating the Code of Conduct for its ratification in the Members General Meeting;
• examines any complaints with respect to any alleged violation against the Code of Conduct; and
• giving a punishment to Arbitrator/Mediator proved to have committed violation against the Code of Conduct.

The requirements to be a member of Honorary Council:

1. minimum 35 years old;
2. having hands-on experience and proficient in his/her field related to capital market for at least 15 years;
3. not being banned/restricted from performing specific actions in capital market;
4. never been convicted for committing any crimes or criminal offenses by a final court verdict;
5. understanding and familiar with capital market regulations;
6. have strong commitment to BAPMI and Indonesian capital market development.

The member of Honorary Council (in alphabetical order):

1. Achmad Zen Umar Purba;
2. Erry Firmansyah;
3. Hikmahanto Juwana;
4. Hoesein Wiriadinata;
5. Kartini Mulyadi;
6. Soemarjono Soemarsono.