OJK Head of Literacy, Financial Inclusion, and Communication M. Ismail Riyadi said the appointments aim to maintain organizational stability in carrying out the authority’s regulatory and supervisory functions.
Friderica, currently Executive Head of Market Conduct Supervision, Education, and Consumer Protection, replaces Chairman Mahendra Siregar and Vice Chairman Mirza Adityaswara.
Hasan Fawzi, Executive Head of Technological Innovation, Digital Assets, and Crypto Assets, replaces board member Inarno Djajadi, who also served as Executive Head for Capital Market, Derivative Finance, and Carbon Exchange Supervision.
"The appointment of these interim members is effective as of January 31, 2026,” Riyadi said in a written statement.
OJK said it will continue coordinating with stakeholders to safeguard financial sector stability and refine strategic policies in response to recent market developments.
Four OJK leaders resigned on Friday night following a sharp decline in the Jakarta Composite Index earlier this week, which also prompted the resignation of Indonesia Stock Exchange CEO Iman Rachman.
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Translator: Muhammad Heriyanto, Resinta Sulistiyandari
Editor: Anton Santoso
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