Commission XI Reveals Reasons for Selecting Five Names as OJK Leadership
Jakarta — Commission XI of the Indonesian House of Representatives (DPR) has approved five candidates to fill vacant leadership positions at the Financial Services Authority (OJK). The approved positions include Chairman, Vice Chairman, and three Executive Heads of the OJK.
The announcement was made directly by Commission XI Chairman Mukhamad Misbakhun following an internal meeting after the fit and proper test conducted on Wednesday, 11 March 2026. The decision was reached through consensus and consultation by Commission XI.
The following are the names of the OJK Board of Commissioners candidates approved by Commission XI:
Chairman: Friderica Widyasari Dewi
Vice Chairman: Hernawan Bekti Sasongko
Executive Head of Capital Market, Derivatives, and Carbon Exchange Supervision: Hasan Fawzi
Executive Head of Innovation, Financial Sector Technology, Digital Financial Assets, and Cryptocurrency (IAKD): Adi Budiarso
Executive Head of Education and Consumer Protection: Dicky Kartikoyono
Reasons for Selection
Misbakhun explained that the selection of the five new OJK leaders was conducted through consensus and consultation based on several considerations.
“First, we reappointed Ibu Kiki (Friderica) because in a short period she has been able to provide positive responses to several fundamental issues,” said Misbakhun.
He also commended Hasan Fawzi for providing adequate responses to several MSCI-related issues.
According to Misbakhun, all five selected candidates were able to represent and deliver excellent presentations during the open fit and proper test, allowing the public to gain insight into their qualifications.
“Therefore, these selections are choices based on their abilities, capacity, and competencies,” explained Misbakhun.
Misbakhun also praised Adi Budiarso as someone with extensive experience in the financial sector, noting his many positive attributes.
“Adi Budiarso has been instrumental in determining many policies, regulations, and laws, including involvement with the P2SK law. If we place him in an exchange managing cryptocurrency exchanges and related matters, he has considerable understanding and expertise regarding digital assets,” Misbakhun said.