Jakarta, Feb. 1 -- Finance Minister Purbaya Yudhi Sadewa has confirmed that Jeffrey Hendrik, Director of Business Development at the Indonesia Stock Exchange (IDX), has been appointed as the acting President Director of the IDX.

Speaking after attending a meeting at the Danantara Indonesia headquarters here on Saturday evening, Sadewa also said that Hendrik will represent the IDX in a meeting with MSCI executives scheduled for Monday, February 2.

"They will resolve the issue in accordance with their internal procedures. The government will not intervene," the minister said.

Hendrik was the most senior IDX official representing the exchange at Saturday's meeting with Minister Sadewa, Coordinating Minister for Economic Affairs Airlangga ...