AEI Delivers Keynote Speech at the 2024 CSA Awards: Facing Global Challenges with Indonesian Capital Market Resilience

Jakarta, 31 October 2024 – The Association of Indonesian Issuers (AEI), represented by Mr. Gilman Pradana Nugraha, Executive Director of AEI, delivered a keynote speech representing the General Chair of AEI, Mr. Armand Wahyudi Hartono at the annual CSA Awards 2024 event which was held on 31 October 2024 at the Main Hall of the Indonesian Stock Exchange, Jakarta . This event carries a theme “Indonesia's Capital Market: Adapting and Evolving in Global Economic Changes”, focuses on the resilience and growth potential of the Indonesian capital market amidst increasingly dynamic global economic challenges.

In his remarks, Mr. Gilman Pradana Nugraha underlined the importance of adaptation and resilience of the Indonesian capital market in facing global challenges such as inflationary pressures, volatility due to geopolitical tensions, and fluctuations in commodity prices. He emphasized that the Indonesian capital market has demonstrated resilience thanks to a strong regulatory framework and commitment to increasing financial literacy and inclusion, especially for the younger generation.

Growth Potential and Opportunities in the Indonesian Capital Market

In the keynote speech, AEI highlighted the extraordinary growth potential in the Indonesian capital market, which is supported by a dynamic young population, increasing digital connectivity, and growing technology adoption. Mr. Gilman also said that investment in technology such as AI, blockchain, and mobile trading platforms can make capital markets more inclusive and ready to face the future.

AEI also expressed its appreciation to the Financial Services Authority and the Indonesian Stock Exchange for their efforts in creating transparent and adaptive regulations, as well as developing ESG (Environmental, Social, and Governance) standards to realize sustainable growth.

CSA Awards: Appreciating Issuers' Resilience and Innovation

The 2024 CSA Awards give awards to issuers who have demonstrated resilience, innovation and positive performance in the Indonesian capital market. It is hoped that this award will inspire other issuers to continue to innovate and build a sustainable long-term vision.

AEI would like to thank the Indonesian Securities Analysts Association for organizing this event, as well as to all parties who have supported the creation of an Indonesian capital market that is strong and ready to compete on the global stage. Hopefully the awards given can encourage issuers to continue to adapt and contribute to building a brighter Indonesian economic future.