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GoJek CEO resigns to join Indonesian cabinet

PT Go-Jek Indonesia CEO Nadiem Makarim on Oct. 21 said he will resign immediately to join the Indonesian cabinet, Bloomberg News reported, citing Makarim's statement to reporters.

The Indonesian ride-hailing company said President Andre Soelistyo and co-founder Kevin Aluwi will take the helm as co-CEOs.

Indonesian President Joko Widodo offered the post to Makarim in a bid to bring younger members into the cabinet.

Go-Jek did not immediately respond to request for comment from S&P Global Market Intelligence.