Reasons for Friderica Widyasari Participating in OJK Board Member Selection
Acting Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Friderica Widyasari Dewi has disclosed her reasons for candidacy as a replacement for an OJK Board of Commissioners member. Friderica underwent a fitness and propriety assessment before Commission XI of the House of Representatives on Wednesday, 11 March 2026.
Friderica stated that she was motivated to stand for election after observing a leadership vacuum at the OJK over the past period. “And it happened that I was already within the institution, so I felt called to lead the OJK, to navigate the OJK in such difficult circumstances as at present,” she told journalists following the fitness and propriety assessment at the House of Representatives Complex.
According to Friderica, she was notified of the fitness and propriety assessment only one day beforehand, on Tuesday, 10 March 2026. However, she stated this posed no problem as she had already prepared her presentation and research paper.
During the fitness and propriety assessment, Friderica Widyasari presented eight priority policies to strengthen the financial services sector. These eight policies are maintaining financial stability, restoring public confidence, encouraging a financial services sector that contributes to national economic development, strengthening integrated supervision, accelerating market deepening, protecting consumers and the public, strengthening OJK’s institutional and internal structure, and reinforcing synergy with ministries, institutions and other stakeholders.
Friderica also highlighted the global, domestic and internal challenges facing the financial services sector. On domestic challenges, she referenced declining public confidence owing to dynamics occurring in the capital market. “Therefore, future OJK leadership must be able to ensure that the financial services sector remains stable, credible, and provides real contribution to the national economy,” Friderica said.
Before being appointed acting chairman, Friderica served as Executive Head of Conduct Supervision of Financial Services Business Operators, Education and Consumer Protection at the OJK. She was appointed acting chairman after four OJK officials resigned on 30 January 2026. Friderica’s name is among 20 candidates for OJK Board of Commissioners member who passed the administrative selection by the selection committee.
As information, there are 10 candidates for OJK board member who underwent fitness and propriety assessment on this day. Besides Friderica, there are also Agus Sugiarto, Hernawan Bekti Sasongko, Ary Zulfikar, Hasan Fawzi, Darmansyah, Dicky Kartikoyono, Danu Febrianto, Adi Budiarso, and Anton Daryono. The fitness and propriety assessment is scheduled to run until 16:00 WIB.
House of Representatives Chairman Puan Maharani previously stated that the leadership of the chamber had received a letter from President Prabowo regarding candidates to replace OJK Board of Commissioners members on Monday, 9 March 2026. “We request that approval from factions regarding the discussion of candidates for the OJK Board of Commissioners be assigned to Commission XI of the House of Representatives to determine if it can be approved?” said Puan during a plenary session on Tuesday, 10 March 2026.