About Us
Brief Profile
PT KAF Sekuritas Indonesia is a securities company headquartered in Jakarta and has obtained a Securities Broker-Dealer Business License (Perantara Pedagang Efek/PPE) under License No. KEP-194/PM/1992, as well as Exchange Member (Anggota Bursa/AB) under No. SPAB-97/JATS/BEJ.I.1/V/1995 with broker code DU. Licensed and regulated by the Financial Services Authority (Otoritas Jasa Keuangan/OJK), KAF Sekuritas provides services grounded in integrity, professionalism, and strict compliance with Indonesian capital market regulatory standards under the Indonesia Stock Exchange (IDX).
Since its establishment, KAF Sekuritas has continued to grow in line with the dynamics of the national capital market, eventually becoming part of a leading regional financial network in Southeast Asia through its acquisition by KAF Investment Bank Berhad.
Company History
1992 – Business License Acquisition
In 1992, PT KAF Sekuritas Indonesia (formerly PT Varia Inti Sekuritas) obtained a business license from BAPEPAM (now OJK) as a Securities Broker-Dealer. This license served as the foundation for the Company to commence operations formally and in compliance with regulations within Indonesia’s capital market industry.
2019 – Name Change & Update to the Board of Commissioners
The acquisition brought the Company into the KAF Group, one of Malaysia’s most diversified financial services groups, covering Money Market, Bonds, Equities, Research, Investment Fund Management, Capital Market Advisory, Islamic Banking, and Trustee Services. This integration provided a new foundation for PT KAF Sekuritas Indonesia to expand its services, enhance research capabilities, and strengthen regional connectivity within the financial industry.
Through the Deed of the General Meeting of Shareholders’ Resolution No. 95 dated November 27th, 2019 regarding the Amendment of the Articles of Association and Change of Company Name, drawn up by Notary Liestiany Wang, S.H., M.Kn., the Company officially changed its name from PT Varia Inti Sekuritas to PT KAF Sekuritas Indonesia.
Under the same resolution, the Company also approved updates to the composition of the Board of Commissioners, as part of efforts to strengthen corporate governance and strategic direction toward higher corporate standards.
2020 – Change of Office Domicile
Based on the Deed of the General Meeting of Shareholders’ Resolution No. 8 dated 11 June 2020, PT KAF Sekuritas Indonesia relocated its office domicile from Central Jakarta to South Jakarta, specifically at Treasury Tower, 28th Floor, Unit D, District 8, SCBD Lot 28, Senayan, Kebayoran Baru.
This office relocation reflects the Company’s commitment to being at the center of dynamic business and financial activities, while providing more modern service access for clients and partners.
2025 – Change in the Composition of the Board of Directors
Based on the Deed of the General Meeting of Shareholders’ Resolution No. 88 dated October 14th, 2025, drawn up by Notary Christina Dwi Utami, S.H., M.Hum., M.Kn., the Company approved changes to the composition of the Board of Directors. This management refresh aims to strengthen the Company’s strategy in navigating an increasingly competitive and digital capital market landscape.
Good Corporate Governance
Learn more about KAF's governance here

Corporate Structure
Dato’ Saiful Bahri
Bin Zainuddin
President Commissioner
With a degree from Western Michigan University, he boasts over 14 years in Malaysia's stockbroking industry, now as Executive Director of OSK Holdings Berhad, and formerly holding key positions at Affin Holdings Berhad and Affin Hwang Investment Bank.
Azleena Binti Abdul Rahman
Independent Commissioner
Holder of a Chemical and Bioprocess Engineering M.Eng. from the University of Bath, UK (2000) and a Pasaran Kewangan Malaysia Certificate (PKMC), she wields more than 17 years of global markets expertise, handling diverse corporate accounts, and has held impactful roles at esteemed Malaysian banking groups.
Board of Commisioners
Shahrin Bin Sharil
President Director
Has more than 25 years experience across capital markets covering mainly investment banking and treasury markets. He graduated from Bristol University with a Bachelor of Science (B.Sc.) Degree in Economics & Accounting.
Ivonne Susan
Director
Holder of a Bachelor of Laws from Universitas Wiraswasta Indonesia (2005) and a Masters in Education from Universitas Negeri Jakarta (2016), she boasts over 25 years of capital market expertise, evolving from her early days at PT Panin Sekuritas Tbk., PT Mirae Asset Sekuritas Indonesia, culminating in her appointment as Director at PT KAF Sekuritas Indonesia in 2019.
