Committee Kicks Off Selection for OJK’s Board of Commissioners Candidates

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PANSEL DK OJK 2022-2027

The Selection Committee for candidates of Board of Commissioners members of the Financial Services Authority (OJK) has announced the registration and selection period to the public.

“We invite the country’s best individuals with integrity, competence, and professionalism to take part in the selection process for the members of Board of Commissioners of the OJK for the 2022-2027 period,” Minister of Finance Sri Mulyani Indrawati, who also helms the Selection Committee, said on Friday (12/31).

For the record, the OJK, established based on Law Number 21 of 2011, has the goals to ensure that all financial services activities in the financial services sector are organized in an orderly, fair, transparent and accountable manner, support sustainable growth of the financial system and protect the public interests.

In the meantime, the OJK Board of Commissioners duties comprise oversight on code of ethics implementation, internal supervision through the audit board, consumer protection and education, as well as supervisory duties and authorities for the banking sector, capital market, insurance, pension funds, financing institutions, and other financial services institutions.

Given that the current OJK Board of Commissioners’ tenure will come to an end on July 20, 2022, President Joko “Jokowi” Widodo on December 24, 2021 issued Presidential Decree Number 145/P of 2021 on the Establishment of the Selection Committee for Candidates of the Board of Commissioners members of the OJK for the 2022-2027 period.

The selection committee consists of representatives from the Government, central bank Bank Indonesia, and the general public.

“We will carry out this selection process with integrity, accountability and transparency as regulated in laws and regulations so that we, God willing, can get the best candidates to become chairperson and and members of the OJK Board of Commissioners for the 2022-2027 period,” the Minister said.

All information regarding the registration and selection process can be accessed on the https://seleksi-dkojk.kemenkeu.go.id.

This selection process is carried out to fill seven positions of Non-Ex-officio members of the OJK Board of Commissioners. (PR of Ministry of Finance/UN) (RI/MUR)

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