Ten Candidates for OJK Commissioner Board to Undergo Fit and Proper Test at Parliament Today; Five Positions to be Filled

Jakarta – Ten candidates for the Financial Services Authority (OJK) Commissioner Board will undergo fit and proper testing conducted by Commission XI of the Indonesian Parliament (DPR) today.

The candidates are Friderica Widyasari Dewi, Agus Sugiarto, Hernawan Bekti Sasongko, Ary Zulfikar, Hasan Fawzi, Darmansyah, Dicky Kartikoyono, Danu Febrianto, Adi Budiarso, and Anton Daryono.

These ten candidates are competing for five positions: Chair of the Commissioner Board, Deputy Chair of the Commissioner Board, Head of Capital Market Supervision, Head of Digital Asset Supervision, and Head of Conduct Supervision, Financial Education, and Consumer Protection.

Mukhamad Misbakhun, Chair of Commission XI, outlined the criteria for candidates selected through the fit and proper test. He noted there are limits to how market-friendly a leader can be, as those in regulatory roles must still consider market risk factors.

“Because what we’re selecting is a regulator. There must be limits to how much market activity we can absorb. If we’re too pro-market, who absorbs the risk? Regulators must also consider risk factors,” Misbakhun said during the Road to Investor Relations Forum 2026 at the Indonesia Stock Exchange building in Jakarta on Wednesday, 11 March 2026.

Misbakhun believes the ideal candidate can balance pro-market policies with prudent risk mitigation, representing the kind of OJK Commissioner Board leadership parliament seeks.

“That’s what we’re looking for—someone who supports the market but understands where the boundaries are, where market interests end and state interests begin. That’s the priority. We’re looking for someone who understands the regulatory concept at commissioner level,” Misbakhun said.