Meet the New Faces Leading Indonesia’s Financial Services Authority (OJK)

Jakartaweekly.com – The Chief Justice of the Supreme Court of the Republic of Indonesia, Sunarto, officially administered the oath of office for seven members of the Board of Commissioners (ADK) of the Financial Services Authority (OJK). The ceremony took place at the Supreme Court Building in Jakarta on Wednesday, in accordance with Presidential Decree No. 30/P of 2026 regarding the Dismissal and Appointment of OJK Board Members.

Five of the sworn-in members were previously confirmed by the House of Representatives (DPR RI) during a plenary session on March 12, 2026, following a rigorous fit and proper test by Commission XI. The remaining two members serve as ex-officio representatives from the Ministry of Finance and Bank Indonesia.

The seven Board members who took their oaths are:

• Friderica Widyasari Dewi – Chairperson (2026-2032 term)

• Hernawan Bekti Sasongko – Vice Chairperson (2026-2031 term)

• Hasan Fawzi* – Chief Executive of Capital Markets, Derivatives, and Carbon Exchange Supervision (2026-2031 term)

• Dicky Kartikoyono – Chief Executive of Market Conduct, Education, and Consumer Protection Supervision (2026-2032 term)

• Adi Budiarso – Chief Executive of Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets Supervision (2026-2031 term)

• Juda Agung – Ex-officio Member from the Ministry of Finance

• Thomas A.M. Djiwandono – Ex-officio Member from Bank Indonesia

With the completion of this ceremony, the board members officially assume their duties as mandated by Law No. 21 of 2011 on the Financial Services Authority, as strengthened by Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector (PPSK).

This transition marks a strategic milestone in OJK’s leadership, aimed at maintaining financial stability, enhancing consumer protection, deepening financial markets, and overseeing the national financial sector’s transformation.

During the event, OJK Chairperson Friderica Widyasari Dewi reaffirmed the organization’s commitment to maintaining financial stability and optimizing the sector’s contribution to national economic growth in line with government priorities.

OJK aims to sustain public trust by strengthening integrated supervision and market deepening to position the financial sector as an “engine” of national economic growth.

“OJK will continue to prioritize the protection of consumers and the public, while intensifying law enforcement efforts,” stated Friderica.

To achieve these goals, OJK will continue to synergize and collaborate with all stakeholders to build a stronger national economy. The ceremony was attended by leaders of state institutions, members of Commission XI of the DPR RI, heads of ministries, and key stakeholders within the financial services industry.

The Complete OJK Board of Commissioners Lineup:

1. Friderica Widyasari Dewi: Chairperson and Member.

2. Hernawan Bekti Sasongko: Vice Chairperson, Chair of the Ethics Committee, and Member.

3. Dian Ediana Rae: Chief Executive of Banking Supervision and Member.

4. Hasan Fawzi: Chief Executive of Capital Market Supervision and Member.

5. Ogi Prastomiyono: Chief Executive of Insurance, Pension Funds, Finance Companies, and Other Financial Institutions Supervision and Member.

6. Agusman: Chief Executive of Supervision for Financing Companies, Venture Capital Firms, Microfinance Institutions, and Other Financial Institutions and Member.

7. Adi Budiarso: Chief Executive of Financial Sector Technology Innovation, Digital Financial Assets, and Crypto Assets Supervision and Member.

8. Dicky Kartikoyono: Chief Executive of Market Conduct, Education, and Consumer Protection Supervision and Member.

9. Sophia Isabella Wattimena: Chair of the Audit Board and Member.

10. Juda Agung: Ex-officio Member from the Ministry of Finance.

11. Thomas A.M. Djiwandono: Ex-officio Member from Bank Indonesia.