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Gojek founder Nadiem Makarim quits CEO position to work for Indonesian government

Nadiem Makarim, Gojek founder and CEO, joins Indonesian President Joko Widodo’s cabinet as the minister of education and culture. Senior executives Andre Soelistyo and Kevin Aluwi will be taking over the tech giant’s operations as co-CEOs.

October 24, 2019 | Ashley Lucas
  • Gojek, a unicorn valued at $10 billion with more than 20 services, changes leadership
  • Makarim will remain a passive shareholder of Gojek
  • The Gojek founder deems his appointment as a move towards the country’s innovation 

Nadiem Makarim, the founder and chief executive officer (CEO) of Gojek, announced his departure from the ride-hailing tech company on 21 October to join Indonesian president Joko Widodo’s new cabinet. He has been appointed as Minister of Education and Culture as of 23 October.

“I am very happy to be here today as it shows we are ready for innovation and to move forward,” Makarim shared to the media upon his surprising announcement. President Widodo who is on his second term, has been vocal about his intention to “recruit” young executives for key positions in his Cabinet.

Handing over the responsibilities

With this sudden development, observers are wondering what will happen to Gojek, which is on the verge of further expansion in the the Asia Pacific.

Upon his appointment, Makarim will no longer have a role in the business but will remain as a passive shareholder. He is handing over the company to Gojek co-founder Kevin Aluwi and group president Andre Soelistyo who will serve as co-CEOs.

Makarim shared this statement upon his appointment: “High emotions are involved in running a company like Gojek but Andre and Kevin are always the steady voices of reason, approaching problems with intelligence and compassion. I couldn’t ask for better successors as the Gojek movement begins its next stage of growth.”

The new structure will have Aluwi focusing on the product development elements of the business, marketing, organisational development and the transportation and food delivery businesses. Soelistyo, on the other hand, will focus on the corporate functions and management of capital allocation, international expansion as well a...

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Gojek founder Nadiem Makarim quits CEO position to work for Indonesian government

Nadiem Makarim, Gojek founder and CEO, joins Indonesian President Joko Widodo’s cabinet as the minister of education and culture. Senior executives Andre Soelistyo and Kevin Aluwi will be taking over the tech giant’s operations as co-CEOs.

October 24, 2019 | Ashley Lucas
  • Gojek, a unicorn valued at $10 billion with more than 20 services, changes leadership
  • Makarim will remain a passive shareholder of Gojek
  • The Gojek founder deems his appointment as a move towards the country’s innovation 

Nadiem Makarim, the founder and chief executive officer (CEO) of Gojek, announced his departure from the ride-hailing tech company on 21 October to join Indonesian president Joko Widodo’s new cabinet. He has been appointed as Minister of Education and Culture as of 23 October.

“I am very happy to be here today as it shows we are ready for innovation and to move forward,” Makarim shared to the media upon his surprising announcement. President Widodo who is on his second term, has been vocal about his intention to “recruit” young executives for key positions in his Cabinet.

Handing over the responsibilities

With this sudden development, observers are wondering what will happen to Gojek, which is on the verge of further expansion in the the Asia Pacific.

Upon his appointment, Makarim will no longer have a role in the business but will remain as a passive shareholder. He is handing over the company to Gojek co-founder Kevin Aluwi and group president Andre Soelistyo who will serve as co-CEOs.

Makarim shared this statement upon his appointment: “High emotions are involved in running a company like Gojek but Andre and Kevin are always the steady voices of reason, approaching problems with intelligence and compassion. I couldn’t ask for better successors as the Gojek movement begins its next stage of growth.”

The new structure will have Aluwi focusing on the product development elements of the business, marketing, organisational development and the transportation and food delivery businesses. Soelistyo, on the other hand, will focus on the corporate functions and management of capital allocation, international expansion as well a...

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

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