New OJK Chief Officially Takes Office, Responses from BI, BEI, to Bankers
Jakarta, CNBC Indonesia — The inauguration of the new Members of the Board of Commissioners (ADK) of the Financial Services Authority (OJK) has been positively received by regulators and bankers.
The appointment of the seven ADK, including the chair and vice-chair of the board, is expected to strengthen the financial services sector, especially amid the turbulent global situation.
Senior Deputy Governor of Bank Indonesia (BI), Destry Damayanti, assessed that the completion of the OJK leadership structure is a positive development. She hopes that following this, coordination within the Financial System Stability Committee (KSSK), which comprises the Ministry of Finance, BI, OJK, and the Indonesia Deposit Insurance Corporation (LPS), can proceed smoothly.
“Yes, it’s good, as now it’s fully complete. The hope is that coordination among the four institutions in the KSSK can run normally again. So, we view it positively, especially since they are immediately fully staffed,” said Destry after the Oath of Office for the OJK ADK at the Supreme Court on Wednesday (25/3/2026).
On the same occasion, Acting Director of the Indonesia Stock Exchange (BEI), Jeffrey Hendrik, stated that there are high expectations for the new OJK leaders.
“Good, good. We have very high hopes,” he said briefly.
Still on the same occasion, senior banker and Chairman of the Indonesian Payment System Association (ASPI), Santoso Liem, hopes that the new OJK ADK can improve and create new policies to anticipate the current global dynamics.
“So, the dynamics will indeed become tighter, but we believe they are selected individuals who can provide even better policies for Indonesia. So, we are confident that this will be good for Indonesia,” said Santoso.
He stated that they will continue to support while monitoring and providing input to the authority.
“So, we support it while we will see and provide input on what needs to be done to keep Indonesia strong amid this global situation where stability is disrupted,” he concluded.
The seven OJK ADK took their oath of office before the Supreme Court of the Republic of Indonesia (MA) on Wednesday (25/3/2026). Those officially assuming the role of OJK ADK as of today are:
Chair of the OJK Board of Commissioners: Friderica Widyasari Dewi
Vice-Chair of the OJK Board of Commissioners: Hernawan Bekti Sasongko
Executive Head of Supervision for Capital Markets, Derivative Finance, and Carbon Exchange OJK: Hasan Fawzi
Executive Head of Supervision for Business Conduct of Financial Services Entities, Education, and Consumer Protection OJK: Dicky Kartikoyono
Executive Head of Supervision for Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets: Adi Budiarso
OJK Board of Commissioners Member ex-officio from the Ministry of Finance: Juda Agung
OJK Board of Commissioners Member ex-officio from Bank Indonesia: Thomas AM Djiwandono