Indonesia’s Financial Services Authority (OJK) announced that the Chairman of its Board of Commissioners, the Executive Head for Capital Markets, Derivative Finance and Carbon Exchange Supervision, and the Deputy Commissioner supervising issuers, securities transactions, special examinations, derivative finance and the carbon exchange have submitted their resignations. OJK said the resignations were formally submitted under applicable laws and will be processed in line with the mechanism set out in Law No. 21 of 2011 on the Financial Services Authority, as reinforced by Law No. 4 of 2023 on Financial Sector Development and Strengthening. Chairman Mahendra Siregar described the resignations as a matter of moral responsibility to support necessary recovery steps, while OJK stated the process would not affect its regulatory, supervisory and financial stability responsibilities and that the roles’ duties will be carried out on an interim basis under existing legal and governance arrangements to maintain continuity of policy, oversight and public services.
OJK 2026-01-30
Indonesia Financial Services Authority announces resignations of chairman and senior capital markets, derivatives and carbon exchange supervisors
The Chairman and key executives of Indonesia’s Financial Services Authority (OJK) have resigned, citing moral responsibility to support recovery steps. OJK assured that these changes will not impact its regulatory and supervisory functions, with interim arrangements in place to ensure continuity.