Officially Appointed as OJK Chair, Friderica Widyasari Dewi Outlines Her Main Priorities
Jakarta — Indonesia’s parliament has officially approved Friderica Widyasari Dewi as the new chair of the Financial Services Authority (Otoritas Jasa Keuangan, OJK). She stated that her office will prioritise integrity reform in the capital markets as a primary agenda amid current financial industry disruptions.
“As we take office — and indeed, we have already undertaken some of these initiatives during our interim tenure — capital market integrity reform is one of our main focuses, particularly at this time; one might even say it is our top priority,” she said during a press conference at the parliament building in Jakarta on Thursday, 12 March 2026.
Widyasari Dewi, commonly known as Kiki, indicated that several measures will be pursued through eight priority actions, including those addressing market liquidity, data integrity, and investor protection in the capital markets.
Additionally, the OJK will enforce legal proceedings related to incidents in the capital markets in accordance with applicable regulations through collaboration with relevant authorities such as the police.
“We will enforce action against cases occurring in the capital markets and there will be more; we will implement law enforcement in accordance with provisions and will continue to achieve synergy and collaboration with various parties,” she stated.
To execute her agenda and supervisory responsibilities in the financial services industry, she noted that the office is establishing a task force for handling capital market reform transformation. This will be done jointly with the Ministry of Economy, the capital markets regulator or SRO, and other relevant parties.
Widyasari Dewi urged investors to invest in stocks with solid fundamentals amid global geopolitical turbulence. She noted that well-performing stocks could offer bright prospects for the investment sector.
“For investors, we always emphasise — for Indonesian investors, whenever investing, look at the fundamentals. I and possibly others were at the exchange during the 2008 crisis and similar events; as long as we are confident our economic fundamentals are sound and our future prospects are good, global dynamics, particularly geopolitics and other factors, are matters we must also consider,” she said.
She expressed optimism that, in the long term, Indonesia has bright prospects as an attractive investment destination given economic growth trends.
“However, if we are long-term investors, we should consider Indonesia’s future potential, and we are confident it is very good, particularly for retail investors to invest in Indonesia,” she concluded.