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A Battle of Influence amid Market Distress

Monday, February 9, 2026

Two figures stand behind the resignations of top officials of the Indonesia Stock Exchange and the Financial Services Authority. A battle for influence erupted at a moment of market crisis.

arsip tempo : 177598630559.

Coordinating Minister for Economic Affairs Airlangga Hartarto delivers a press statement on the appointment of the acting Chair and Deputy Chair of the Financial Services Authority (OJK), Friederica Widyasari Dewi, as well as the Acting Chief Executive for Capital Market, Derivative Finance, and Carbon Exchange Supervision, Hasan Fawzi, at Wisma Danantara, Jakarta, January 31, 2026. Tempo/Intern/Raya Rukmana. tempo : 177598630559.

A WORKING visit by the House of Representatives’ (DPR) commission overseeing finance and banking to the West Java office of the Financial Services Authority (OJK) on Friday afternoon, January 30, 2026, received a notably muted reception from the “headquarters.” Apart from officials at the regional office, no member of OJK’s Board of Commissioners was present. That morning, by contrast, when the same House commission v

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Ghoida Rahmah

Ghoida Rahmah, Caesar Akbar, Anastasya Lavenia, Ilona Estherina, Daniel A. Fajri, Nandito Putra, and Han Revanda Putra contributed to the writing of this article.

Indonesia Stock Exchange OJK MSCI Sufmi Dasco Ahmad Sjafrie Sjamsoeddin Foreign Investors foreign investment
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