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OJK Chair, Two Senior Officials Resign

Key Takeaways

The head of Indonesia’s financial watchdog and two senior capital market officials have resigned.
The resignations will be processed under existing financial sector laws.
Interim arrangements aim to ensure continuity, stability, and public confidence.

JAKARTA, Investortrust.id — The Financial Services Authority of Indonesia, or OJK, announced on Friday, Jan 30, 2026 in Jakarta that its Chairman Mahendra Siregar, along with the Chief Executive for Capital Market, Derivatives Finance, and Carbon Exchange Supervision and the Deputy Commissioner overseeing issuers and special examinations, have submitted their resignations to take responsibility for recent market developments, a move expected to support broader recovery efforts.

In an official statement numbered SP 21/GKPB/OJK/I/2026, the authority said the resignations had been formally submitted and would be processed in accordance with Law No. 21 of 2011 on the Financial Services Authority, as reinforced by Law No. 4 of 2023 on Financial Sector Development and Strengthening.

Mahendra said the collective decision to step down reflected a moral responsibility to support the steps needed for future stabilization.

The regulator stressed that the resignations would not affect its duties, functions, or authority in regulating, supervising, and safeguarding the stability of the national financial system.

During the interim period, the responsibilities of the chairman and the two senior capital market supervisors will be carried out in line with prevailing laws and governance rules to ensure policy continuity, oversight, and public services.

The authority reiterated its commitment to maintaining public and industry trust through the application of good governance, transparency, and accountability in all institutional processes.

The Convergence Indonesia, lantai 5. Kawasan Rasuna Epicentrum, Jl. HR Rasuna Said, Karet, Kuningan, Setiabudi, Jakarta Pusat, 12940.

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