LPS Reshuffles Eight Officials, Focusing on Leadership Regeneration

The Indonesia Deposit Insurance Corporation (LPS) has reshuffled its ranks under the leadership of Board of Commissioners Chairman Anggito Abimanyu. A total of eight echelon I and II officials have been promoted or rotated as part of organisational strengthening and leadership regeneration. LPS Deputy Chairman of the Board of Commissioners Farid Azhar Nasution said the promotions and job rotations are part of organisational development as well as a form of appreciation for employees deemed to have the competence, integrity, and performance. “We believe that a strong organisation is built by the best individuals who are given the opportunity to continue developing. Therefore, every promotion and rotation at LPS is carried out based on the principle of meritocracy as a form of appreciation for competence, integrity, and performance, as well as an effort to prepare future LPS leaders,” Farid said in a statement on Thursday (23/7/2026). According to Farid, the implementation of an independent meritocracy system is expected to strengthen organisational capacity, encourage internal talent development, and ensure the availability of professional leadership capable of addressing future challenges in the financial sector. The reshuffle was marked by the inauguration of three executive directors and five group directors at the LPS Head Office in Jakarta on Tuesday (21/7/2026). Of the three executive directors appointed, two received promotions: Hafidz Ashady as Executive Director of Finance and Investment, and R Rizka S Kurniawan as Executive Director of Strategic Planning, Budgeting, and Research. Meanwhile, Ridwan Nasution was rotated to the position of Executive Director of Bank Surveillance, Examination, and Regulation. At the echelon II level, LPS also promoted Johan Krisnamurti as Group Director of Bank Claims Handling, Heady Anggoro Mukti as Acting Group Director of Deposit Insurance and Bank Resolution Regulation, and Arsandi Akhmad as Acting Group Director of Information Technology Development and Operations. Additionally, Tri Wahyuni was rotated to become Head of the Internal Audit Unit, while Sofyan Baehaqie was entrusted with the position of Group Director of Bank Resolution and Investor Relations.