he government-sanctioned committee to select the Financial Services Authority (OJK) board of commissioners has announced the 107 candidates who have made it through the selection's first phase.
They were shortlisted from 843 applications.
The participants come from various backgrounds, such as academia, financial authority officials, industry players and politicians, according to an official letter from the committee.
The incumbent OJK board of commissioners, including chairman Muliaman D. Hadad and several directors are passing through to the next stage as well as Bank Indonesia (BI) spokesperson Tirta Segara.
Deposit Insurance Corporation (LPS) chief executive officer Fauzi Ichsan is also listed along with Indonesia Stock Exchange (IDX) president director Tito Sulistio and director Samsul Hidayat.
From the financial sector, former National Banks Association (Perbanas) chairman Sigit Pramono is also on the list.
Golkar party politician Melchias Markus Mekeng and Indonesian Democratic Party of Struggle (PDI-P) politician Andreas Eddy Susetyo have also made it through to the next stage of the selection process.
Concerns have been raised over the politicians' participation as it is feared it could undermine the OJK's independence.
(Read also: Politicians vie for OJK seats)
However, Finance Minister Sri Mulyani, who chairs the selection team, recently said candidates, whoever they were, should ensure that they had the required qualifications, stressing that she could not be “subjective” on the issue regarding their background.
The next phase is the assessment of public input on the candidates, track records and academic papers, this phase runs from Feb. 8 to Feb. 24 while the results will be announced on Feb. 25. (bbn)
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