Govt Seeks New OJK Commisioners
Jakarta. Indonesia's Financial Services Authority, or OJK, opens the online recruitment for its commissioners on Tuesday (17/01) as current board of commissioners' tenure is ending in July.
The candidates must be Indonesians who are no older than 65 years old at the time of the inauguration; have a proven tack record the financial sector; possess integrity; have full legal capacity; never declared bankruptcy or caused one at a company and never been convicted of crimes punishable by more than five years' imprisonment.
This was the second election for OJK's commissioners since its establishment in 2012 for taking over banks and financial services supervision from Bank Indonesia and the Ministry of Finance, respectively.
Existing commissioners can still run for the second term in the office, as OJK law cap tenure for two periods.
Nurhaida, the current OJK commissioner for capital market supervision, told the Jakarta Globe that she will be joining the recruitment. Other incumbent commissioners, including OJK chairman Muliaman Hadad, OJK commissioner for non-banking financial institutions Firdaus Djaelani and OJK commissioner for banking supervisor Nelson Tampubolon did not respond for immediate comment on whether they intend to join the recruitment
"We want to invite the best Indonesian sons and daughters who are qualified to take part and enroll as a future member of OJK's board of commissioners in the 2017-2020 period," Finance Minister Sri Mulyani Indrawati said on Monday.
Sri is leading a special team responsible for the recruitment process. The team includes Bank Indonesia Governor Agus D.W. Martowardojo and Deputy Governor Erwin Rijanto, Coordinating Economics Minister Darmin Nasution, and Hadiyanto, the secretary general at Ministry of Finance.
The team also includes economist A. Tony Prasetiantono, senior banker Gunarni Soeworo, Kliring Penjamin Efek Indonesia commissioner Margaret Mutiara Tang and Trisakti School of Insurance president Ariyanti Suliyanto.
There are seven positions to fill at OJK board of commissioners, namely the board of commissioner chairman, head of ethics committee, commissioner in charge for banking supervisory, capital market, non-bank financial institutions, auditors, consumer education and protection.
The team will oversee four stages of recruitment process — including an administration screening, track record screening, health inspection and an interview session — before submit 21 names of candidates to President Joko Widodo.
The President will pick 14 names — or two choices for each position — to be elected by the House of Representatives. The final seven names will be inaugurated on July 21.
Sri Mulyani, in a press conference on Monday, said the special team will not offer different treatment for new candidates or incumbents. "We will not cross anything that has already been regulated in OJK," she said.
The recruitment opened on Jan. 17 and runs until Feb. 2 at midnight at www.seleksi-dkojk.kemenkeu.go.id webpage.
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