Indonesia's Financial Services Authority (OJK) announced that seven members of its Board of Commissioners have taken the oath of office before the Chief Justice of the Supreme Court, formalising their appointments under a presidential decree and enabling them to exercise OJK’s statutory duties and powers. The oath covered Chair Friderica Widyasari Dewi (2026–2032), Deputy Chair Hernawan Bekti Sasongko (2026–2031), and executive commissioners Hasan Fawzi (capital markets, derivatives finance and carbon exchange, 2026–2031), Dicky Kartikoyono (market conduct, education and consumer protection, 2026–2032) and Adi Budiarso (financial sector technology innovation, digital financial assets and crypto assets, 2026–2031), alongside ex-officio commissioners Juda Agung (Ministry of Finance) and Thomas A.M Djiwandono (Bank Indonesia). OJK noted that five of the members were confirmed by Indonesia’s House of Representatives following fit-and-proper testing by Commission XI, with two seats filled ex officio. The authority also reiterated a focus on integrated supervision, market deepening, consumer and public protection, and stepped-up law enforcement.
OJK 2026-03-25
Indonesia's Financial Services Authority confirms oath of office for seven Board of Commissioners members
Indonesia’s Financial Services Authority (OJK) confirmed the swearing-in of seven Board of Commissioners members before the Chief Justice of the Supreme Court, formalising their appointments under a presidential decree and enabling them to exercise OJK’s statutory powers. The new line-up, including Chair Friderica Widyasari Dewi and commissioners responsible for capital markets, market conduct and financial sector technology innovation, was confirmed by the House of Representatives following fit-and-proper tests, with two ex officio members from the Ministry of Finance and Bank Indonesia. OJK reiterated its focus on integrated supervision, market deepening, consumer protection and strengthened law enforcement.