Government processes resignation letters of three OJK commissioners

The Indonesian government has received resignation letters from three members of the Financial Services Authority (OJK) Board of Commissioners addressed to President Prabowo Subianto. State Secretary Minister Prasetyo Hadi stated that the letters are being processed according to applicable mechanisms. OJK has also appointed interim replacements to maintain organizational stability.

Jakarta – On Saturday, January 31, 2026, State Secretary Minister Prasetyo Hadi confirmed that the government has received resignation letters from three members of the OJK Board of Commissioners. The resignations are addressed to President Prabowo Subianto and are under further processing. "It's received, already received. Being processed," Prasetyo told reporters at Wisma Danantara, South Jakarta.

Prasetyo explained that the replacement process will follow applicable mechanisms, starting with the determination of resignations after a board meeting. "According to the mechanism, it's the result of the board of commissioners' meeting, sending a letter to Mr. President," he said. Afterward, the government will handle filling the vacant positions to ensure smooth financial sector oversight duties.

Previously, on Friday, January 30, 2026, OJK Board Chairman Mahendra Siregar and Deputy Chairman Mirza Adityaswara resigned amid a weakening Composite Stock Price Index (IHSG). OJK responded by appointing Friderica Widyasari Dewi as interim Board Commissioner replacing the Chair and Deputy Chair, effective January 31, 2026. Friderica, previously Head of Executive for Behavioral Supervision of Financial Services Businesses, reported net worth of Rp85.34 billion, dominated by properties in South Jakarta, Bali, and other areas, plus a 2018 Mercedes Benz worth Rp700 million.

OJK also appointed Hasan Fawzi as replacement for the Capital Market Supervision position. OJK's Head of Literacy, Financial Inclusion, and Communication Department M. Ismail Riyadi affirmed that the appointments comply with OJK Board Regulations to maintain leadership continuity and consumer protection. While sources differ on two or three resignations, OJK assures normal services continue.

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