Parliament Approves Friderica Widyasari as OJK Chair

Jakarta – Indonesia’s House of Representatives (DPR) approved the appointment of new members to the Commissioner Board of the Financial Services Authority (OJK). The approval was decided at the 16th plenary session of the DPR’s fourth working period of the 2025–2026 session on Thursday, 12 March 2026.

Misbakhun, Chair of Commission XI, noted that the fit and proper test examination of candidates was conducted on Wednesday, 11 March 2026. The expectation is that the approved nominees will bring positive changes to the financial industry.

“Our hope is that the commissioners and leadership team can rebuild public trust in the OJK, in the capital market, and in the financial services industry, making it a more credible institution trusted by the public and contributing to Indonesia’s future development for the benefit of the nation,” Misbakhun said during the plenary session on 12 March 2026.

Subsequently, DPR Chair Puan Maharani requested approval from assembly members regarding the results of the fit and proper test for OJK leadership candidates. After confirming the assembly’s approval, Puan struck the gavel to formally ratify the OJK leadership appointments.

The new OJK leadership comprises:

Friderica Widyasari as Chair of the Commissioner Board

Hernawan Bekti Sasongko as Deputy Chair of the Commissioner Board

Hasan Fawzi as Chief Executive for Supervision of the Capital Market, Derivatives Finance, and Carbon Exchange

Dicky Kartikoyono as Chief Executive for Supervision of Financial Services Business Conduct, Education, and Consumer Protection

Adi Budiarso as Chief Executive for Supervision of Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets