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Jakarta Post

Team established to select candidates for OJK's board of commissioners

Prima Wirayani (The Jakarta Post)
Jakarta
Tue, January 17, 2017

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Team established to select candidates for OJK's board of commissioners Finance Minister Sri Mulyani Indrawati (second right), BI Governor Agus Martowardojo (right), Coordinating Economic Minister Darmin Nasution (second left) and Finance Ministry secretary general Hadiyanto speak to journalists to announce the appointment of a team to select the next Financial Services Authority (OJK) board of commissioners in Jakarta on Jan. 16. (JP/Grace D. Amianti)

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resident Joko "Jokowi" Widodo has appointed a committee to select candidates for the Financial Services Authority (OJK) board of commissioners as the current board’s tenure will come to an end on Jul. 23.

The team, led by Finance Minister Sri Mulyani Indrawati, consists of nine members representing the government, Bank Indonesia (BI), academia and banking, the capital markets and the non-bank financial sector.

BI Governor Agus Martowardojo, Coordinating Economic Minister Darmin Nasution, Indonesian Stock Market Clearing House (KPEI) commissioner Margeret Mutiara Tang and Gadjah Mada University economist Tony Prasetiantono are among the members.

"The selection committee is charged with selecting and determining the candidates who will be submitted to the President. The selection will be transparent and accountable as well as involving public participation," Sri Mulyani told a media briefing in Central Jakarta on Monday.

Participants will be required to submit their applications online to seleksi-dkojk.kemenkeu.go.id between Jan. 17 and Feb. 2. The committee will select 21 names for the President, who will submit 14 names to the House of Representatives for confirmation.

Seven members of the board of commissioners are expected to be inaugurated on Jul. 21 by President Jokowi for the period of 2017-2022. "We invite the country's best individuals to take part in the selection by registering themselves," Sri Mulyani said.

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