Bukalapak.com Co-Founder Abruptly Resigns in Dramatic Shift

  • Bukopin Finance Director Kaimuddin to helm new leadership team
  • Ant Financial, GIC and Emtek among major investors in company

Source: PT Bukalapak.com

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PT Bukalapak.com said co-founder Achmad Zaky will step down as chief executive officer on Jan. 6 to be replaced by an outsider, a dramatic shift in leadership at one of Southeast Asia’s most valuable technology startups.

The company said in a statement the change is aimed at strengthening management at the Indonesia e-commerce company and focusing on long-term sustainability. The new CEO will be Rachmat Kaimuddin, finance and planning director at PT Bank Bukopin.