Indonesia’s Financial Services Authority (OJK) reported that the House of Representatives of the Republic of Indonesia (DPR RI) has approved five nominees to serve on OJK’s Board of Commissioners, completing the legislature’s fit-and-proper test stage of the appointment process. The slate includes nominees for the chair and vice chair, as well as three chief executive posts covering capital markets and carbon exchange, market conduct and consumer protection, and financial sector technology innovation including digital financial assets and crypto assets. DPR RI endorsed Friderica Widyasari Dewi as Chair of the Board of Commissioners and Hernawan Bekti Sasongko as Vice Chair. It also nominated Hasan Fawzi as Chief Executive for Capital Markets, Derivatives Finance, and Carbon Exchange, Dicky Kartikoyono as Chief Executive for Financial Services Business Conduct Supervision, Education, and Consumer Protection, and Adi Budiarso as Chief Executive for Financial Sector Technology Innovation Supervision, Digital Financial Assets, and Crypto Assets. The DPR RI decision will be forwarded to the President of the Republic of Indonesia for appointment through a presidential decree, after which the commissioners are to take their oath of office before the Chief Justice of the Supreme Court of the Republic of Indonesia.
OJK 2026-03-12
Indonesia’s House of Representatives approves five nominees for the Financial Services Authority Board of Commissioners
Indonesia’s Financial Services Authority (OJK) announced that the House of Representatives (DPR RI) approved five nominees for OJK’s Board of Commissioners, including Friderica Widyasari Dewi as Chair and Hernawan Bekti Sasongko as Vice Chair. The nominees, covering roles in capital markets, consumer protection, and financial technology innovation, await presidential appointment.