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New president with high ambitions

After two terms, Ito Warsito, right, was succeeded by Tito Sulistio as president of the Indonesia Stock Exchange.

JAKARTA -- Tito Sulistio, the incoming president of Indonesia Stock Exchange (IDX), hopes to more than double the value of stocks traded by 2018.

     Sulistio, 59, launched his three-year term on Thursday. He is a stock market veteran who has also worked in media, including at Media Nusantara Citra, Indonesia's largest TV broadcaster.

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