ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Startups

Indonesian unicorn Bukalapak's CEO steps down in surprise move

Alibaba-backed e-commerce site names ex-banker to succeed founder Achmad Zaky

Rachmat Kaimuddin, right, will replace Achmad Zaky as chief executive of Indonesian online marketplace Bukalapak. (Photo courtesy of the company)

JAKARTA -- Indonesian e-commerce unicorn Bukalapak on Monday announced that founder Achmad Zaky would leave his position as chief executive of the startup on Jan. 6, with a former bank executive appointed as his successor.

Zaky will become an adviser at the online marketplace, Bukalapak said in a statement. He also will serve as chair and mentor at the Achmad Zaky Foundation, a nonprofit startup accelerator to be established soon.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more