Friderica Widyasari Presents Eight Policies as OJK Chairman Candidate
Jakarta — Friderica Widyasari Dewi underwent a fit and proper test as a candidate for the position of chairman of the board of commissioners of the Financial Services Authority (OJK) before Commission XI of the Indonesian House of Representatives on Wednesday, 11 March 2026.
Friderica, commonly known as Kiki, is currently a member of the OJK’s board of commissioners and head of the Executive for Supervising the Conduct of Financial Services Sector Operators, Education, and Consumer Protection. She is also serving as acting chairman and vice-chairman of the OJK’s board of commissioners.
In her presentation, Friderica outlined her vision as maintaining stability, restoring public confidence, and increasing the financial services sector’s contribution to national economic development for an advanced Indonesia moving towards Indonesia Emas 2045. She noted that whilst various factors indicate Indonesia’s economy possesses strong resilience, there are several strategic challenges that require anticipation.
Kiki identified three categories of challenges: global, domestic, and internal. Global challenges include geopolitical fragmentation affecting the financial services sector worldwide, disruption and digitalisation in the financial sector, increased climate change risks, and rising cybercrime that impacts Indonesia. Domestically, she cited declining public confidence following recent capital market dynamics, product complexity and conglomeration, national development financing needs, and the incomplete state of Indonesia’s financial sector. Internally, the OJK faces challenges in strengthening regulation and supervision, enhancing consumer protection, managing complex business processes and bureaucracy, and addressing IT infrastructure and budgetary limitations.
To address these challenges, Kiki proposed eight priority policies as a strategic framework for strengthening the financial services sector. These eight policies are: maintaining financial sector stability, restoring public confidence, promoting a financial services sector that contributes to national economic development, strengthening integrated supervision, accelerating market deepening, protecting consumers and society, strengthening OJK’s institutional capacity and internal operations, and cementing synergy with ministries, agencies, and other stakeholders.
“Through these eight policies, we aim to ensure that the financial services sector is not only stable but also trustworthy, inclusive, and contributive in supporting national economic development,” Kiki stated at the DPR building on Wednesday, 11 March 2026.
She concluded that all these objectives are directed towards creating a stable, trustworthy, inclusive, and contributive financial services sector supporting the strengthening of Indonesia’s national economy for an advanced Indonesia moving towards Indonesia Emas 2045.