Parliament Plenary Approves Five Members of OJK Financial Services Authority Board of Commissioners

The Indonesian Parliament’s plenary session has approved five individuals to fill vacancies in the leadership of the Financial Services Authority (OJK). The approved positions include Chair, Vice-Chair, and three Executive Head roles.

Commission XI of the Parliament approved Friderica Widyasari Dewi as Chair of the OJK Board of Commissioners. Her appointment was based on the results of the 16th plenary session of the fourth parliamentary term for 2025-2026.

Parliamentary Chair Puan Maharani posed the question to the plenary chamber regarding the approval of Commission XI’s report on the fit and proper test assessment that had been conducted.

“Can this be approved?” Maharani asked at Parliament’s Jakarta headquarters on Thursday, 12 March 2026.

“Approved,” the assembled members responded.

The ratification was completed following an internal meeting held after the fit and proper test was conducted on Wednesday, 11 March 2026. The decision was made through deliberation and consensus by Commission XI.

The following are the names of the Board of Commissioners members approved by Commission XI:

Chair: Friderica Widyasari Dewi

Vice-Chair: Hernawan Bekti Sasongko

Executive Head of Capital Markets and Derivative Financial Supervision and Carbon Exchange: Hasan Fawzi

Executive Head of Financial Sector Technology Innovation Supervision, Digital Financial Assets, and Cryptocurrency (IAKD): Adi Budiarso

Executive Head of Consumer Education and Protection: Dicky Kartikoyono