Sarjito selected as Chief Executive of OJK Mineral Exchange Supervisor
Jakarta (ANTARA) - Commission XI of the Indonesian House of Representatives (DPR RI) has agreed to appoint Sarjito as Chief Executive of Mineral and Strategic Commodity Exchange (BMKS) Supervision for the 2026-2031 period.
The decision was made after Commission XI conducted a fit and proper test on Sarjito.
“Yes, that is correct (appointing Sarjito), for the 2026-2031 period,” said Deputy Chairman of Commission XI Muhammad Haekal when confirmed by journalists in Jakarta on Monday.
Sarjito is a graduate of the Faculty of Economics at Gadjah Mada University (UGM) and the Faculty of Law at the University of Indonesia (UI). In 1998, he obtained a Master of Business Administration (MBA) in Finance from Saint Louis University, Missouri, United States.
In the financial services sector, Sarjito served as Acting Head of the Inspection and Investigation Bureau of the Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) in 2008.
He was subsequently involved in the preparatory process for the establishment of the Financial Services Authority (OJK) as Deputy Coordinator of the Supervision Working Team.
In 2015, Sarjito served as Deputy Commissioner for Capital Market Supervision I at OJK, then moved to become Deputy Commissioner for Education and Consumer Protection at the same institution in 2017.
Entering 2023, Sarjito was appointed as Deputy Commissioner for Consumer Protection at OJK, and was entrusted to serve as Chairman of the Task Force for the Eradication of Illegal Financial Activities (Satgas PASTI) from November 2023 to July 2024.
Following Sarjito’s appointment as Chief Executive of BMKS Supervision, the decision will be brought to the DPR RI Plenary Session on Thursday, 27 August 2026, for official approval.
During the fit and proper test at Commission XI, Sarjito presented eight strategic policies he has prepared to build a liquid and trustworthy BMKS capable of strengthening Indonesia’s market sovereignty.
According to him, the development of BMKS must be directed so that Indonesia is no longer merely a price taker, but can gradually become a price influencer and eventually a price maker in the global mineral and strategic commodity market.
He emphasised that building BMKS requires trust from the outset, given the relatively limited preparation time.
“This is a very heavy mandate considering the time is also very tight, only a few months remain. Therefore, we must build trust,” said Sarjito.
He expressed hope that prices formed through BMKS will eventually serve as a reference for the market and strengthen Indonesia’s position in global mineral and strategic commodity trade.
According to him, strengthening BMKS must ultimately be returned to the constitutional mandate, namely ensuring that Indonesia’s natural resources are managed for the greatest possible prosperity of the people.