Iwan Setiawan

Practice Areas

Iwan joined Makes and Partners at its inception in 1993 and has been a Senior Partner in the Firm since 1997. He has over three decades of experience and heads the Firm’s award-winning Capital Market practice group.

Career

Iwan is regarded as one of the pre-eminent legal experts in Indonesia and is respected and sought after by domestic and foreign clients, and even regulators for his expert insights and advice. He has led the Firm in successfully completing some of the biggest and landmark IPOs in Indonesia in the past three decades, including, most recently the IPOs of Mitratel (as counsel to the Banks) and Blibli (as counsel to Blibli), the second and fifth biggest IPOs, respectively, in Indonesia to date. Clients say that he is “astute and knowledgeable” and that his expertise in Capital Market is indeed, “unparalleled”.

Iwan always strives to live up to the expectations of the clients and therefore even in some of the most complicated transactions, he tries his best to develop solutions that are creative and practical at the same time. He is a pivotal and crucial member of the team and the significance of his role is evidently proven through the Firm’s well-established and long-standing reputation as a forefront in the Indonesian capital market practice area for the past 31 years. Iwan continues to distinguish himself from most capital market lawyers by not only possessing an in-depth knowledge and experience of this practice area, but rather in establishing a close relationship with mutual respect amongst various regulators and other revered personnel in the Indonesian capital market scene. As a result, his strengths are what ultimately garners the continuous trust from clients for some of the most complex capital market transactions in Indonesia.

Professional Memberships

- Chairman of the Capital Market Consultants Association (Himpunan Konsultan Hukum Pasar Modal, 2021-2024).

- Member of the Indonesian Issuers Association Regulatory Committee.

- Registered Capital Market Lawyer with the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”).

Publications

Chambers and Partners, Asia Pacific- Indonesia Chapter on Capital Markets (2021-2022)

Personal

Iwan’s personal philosophy is to never give up. He has the perseverance and passion to never give up on every difficulty he faces, both in his daily life and in his work. He always finds his way to solve tough transactions with his passion and has the courage to face every hurdle that he meets with excellent work.

He is very active in the social field, such as pro-bono work, community services, and charity work. For his community services, he often teaches law students at several universities, especially in the field of capital markets. In addition, he also often speaks in seminars and helps some notary organizations as part of his activities.