Published 19:38 IST, October 21st 2019

Gojek CEO Nadiem Makarim resigns, to join Indonesian cabinet

Nadiem Makarim, the founder and CEO of an Indonesian startup company, has resigned from his post to join the cabinet under Indonesian President Joko Widodo

Reported by: Aanchal Nigam
Follow: Google News Icon
  • share
null | Image: self
Advertisement

Niem Makarim, founder and CEO of an Indonesian company said that he has resigned from his post in startup to join cabinet of Indonesian President Joko Widodo. anuncement by Makarim, which came two days after Widodo was sworn in for his second term, has taken many by surprise. Indonesian President has previously expressed his wish to create a cabinet full of young business executives. 

Re | PM Modi Wishes Prez Joko Widodo On Winning Election In Indonesia

Advertisement

Future of 'Gojek'

Gojek spokesperson reportedly said that Andre Soelistyo, Group President and Kevin Aluwi, co-founder of Gojek will be taking over as co-CEOs of Indonesian startup. Furrmore, company was also “very proud” that its founder will take over an important role in moving Indonesia onto global st. It is also unprecedented for a local founder's vision to be recognised as a model to upscale an entire country. However. startup h also planned this possibility in order to refrain from any disruptions in company's business. Gojek is also considered as one of five unicorns of Indonesia. ors include Traveloka, market places Bukalapak and Tokopedia, and fin-tech firm OVO, which competes with Gojek's own payments platform Gopay for spot in Indonesia's online payments market.

Re | Indonesia’s Popular President To Be Sworn In For Final Term

Advertisement

Re | Indonesia: Hundreds Arrested After Legal-reforms Protests

Makarim is houred

Makarim has said that he was houred with President's request to be a member of cabinet. However, his position is still t disclosed but an anuncement from President himself is expected later this week. Makarim h founded Gojek back in 2010 which was a two-wheeler hailing service. Since n, startup has also expanded to include various range of services like mobile payments, food delivery, online shopping, and recently introduced video streaming and is valued at $10 billion. However, w 35-year-old entrepreneur will take part in President Widodo's wish to develop Indonesia in future including human capital, bureaucratic reform, and investment. 

Advertisement

Re | Indonesia Arrests 40 Militant Suspects Ahe Of Inauguration

Re | Indonesia Arrests 22 Militants Following Attack On Minister

Advertisement

(With inputs from ncies)

16:23 IST, October 21st 2019