Friderica Presents Eight Priority Policies to Strengthen Financial Services Sector in OJK Commissioner Board Fitness Test
Jakarta — Friderica Widyasari has presented eight priority policies as a strategic framework for strengthening the financial services sector (SJK) during the fitness and propriety test for candidates to the Financial Services Authority (OJK) Commissioner Board.
“Through these eight policies, we aim to ensure that the financial services sector is not only stable, but also trustworthy, inclusive, and contributes to supporting national economic development,” said Friderica, commonly known as Kiki, in Jakarta on Wednesday.
The eight policies comprise: maintaining financial sector stability, restoring public trust, promoting a financial services sector that contributes to national economic development, strengthening integrated supervision, accelerating market deepening, protecting consumers and the public, strengthening OJK’s institutional and internal capacity, and reinforcing synergies with ministries, agencies, and other stakeholders.
“All of these are aimed at achieving a financial services sector that is stable, trustworthy, inclusive, and contributes to supporting national economic development for Indonesia’s progress towards Indonesia 2045,” said Kiki.
Although the financial services sector demonstrates resilience, she cautioned of various strategic challenges that need to be anticipated going forward, both global and domestic. Accordingly, the eight policies are expected to address these challenges.
She explained that maintaining financial system stability serves as the cornerstone of OJK policy.
This stability is maintained through close coordination with members of the Financial System Stability Committee (KSSK), continuously strengthened through policies for data exchange, policy coordination, preparedness for potential crises, and early warning systems.
Additionally, OJK will continue to strengthen the capital structure of financial services institutions, improve risk management, and enhance information technology and cybersecurity.
“However, we understand that one urgent matter we must address immediately is how to restore public trust. Through integrity, transparency, and firm law enforcement, we will restore public trust, especially in the capital markets sector,” said Kiki.
She therefore committed to continuing capital market integrity reform policies in accordance with the previously established timeline. Beyond that, strengthening governance and integrity of the financial industry, along with law enforcement, are steps that will continue to be reinforced.
As part of restoring public trust, Kiki added that she also wants to ensure that the financial services sector must provide benefits to economic development.
To ensure this sector’s contribution, she also promotes strengthening integrated supervision. In this respect, oversight of the digital financial services industry while adhering to the principle of same activity, same risk, and same regulation.
Next, the market deepening policy is an important foundation for strengthening long-term financing sources and enhancing national economic competitiveness.
All innovation development, according to Kiki, must always prioritise consumer and public protection and interests.
Equally important, transformation must be supported by precise budgeting and strengthening human resources competence and a professional and integrity-based organisational culture.
Finally, according to Kiki, synergy and collaboration are key to maintaining the stability of Indonesia’s financial system, restoring public trust, and increasing the financial services sector’s contribution to the national economy.
Commission XI of the House of Representatives held the fitness and propriety test for OJK Commissioner Board candidates on Wednesday, examining ten names submitted by the government’s selection panel.
Friderica, or Kiki, currently serves as Acting Chair of the OJK Commissioner Board following the resignations of Mahendra Siregar and three other officials on 30 January 2026.
Besides Kiki, other OJK commissioner candidates undergoing fitness testing include Agus Sugiarto, Hernawan Bekti Sasongko, Ary Zulfikar, Hasan Fawzi, Darmansyah, Dicky Kartikoyono, Danu Febrianto, Adi Budiarso, and Anton Daryono.
The fitness test was conducted in a single day. Following this, Commission XI will submit names deemed suitable to the House leadership for discussion in a plenary session on Thursday (12 March).