Otoritas Jasa Keuangan

The main activity of the OJK (Otoritas Jasa Keuangan) is the regulation and supervision of the financial services sector in Indonesia. The OJK oversees the banking sector, capital markets and non-bank financial institutions (insurance, pension funds, finance companies, etc.). It provides regulatory, supervisory, consumer protection and financial sector development services. Its target market includes financial institutions, investors, businesses and consumers of financial services in Indonesia.

The founder of the Otoritas Jasa Keuangan (OJK), or Financial Services Authority of Indonesia, is not a single person but an institution established by Law No. 21 of 2011 by the Indonesian government. The OJK was created to regulate and supervise the financial services sectors, including banks, capital markets, and insurance.

The main members of the OJK’s leadership team are called the Board of Commissioners. This board consists of a chairman, a vice chairman, and several members responsible for different sectors:

• Mahendra Siregar – Chairman of the Board of Commissioners
• Mirza Adityaswara – Vice Chairman
• Inarno Djajadi – Commissioner in charge of the capital markets sector
• Friderica Widyasari Dewi – Commissioner in charge of the non-bank financial institutions sector
• Ogi Prastomiyono – Commissioner in charge of the banking sector
• Dian Ediana Rae – Commissioner in charge of banking supervision
• Donny P. Joewono – Commissioner in charge of education and consumer protection
• Emilia Suhaimi – Commissioner in charge of internal audit

This leadership team oversees all OJK activities and ensures the stability and transparency of the Indonesian financial sector.