OJK Leadership Resigns, Citing Moral Responsibility

RRI.CO.ID, Jakarta - The Financial Services Authority (OJK) announced on Friday, January 30, 2026, that Chairman Mahendra Siregar has submitted his resignation, along with Executive Head of Capital Market, Financial Derivatives, and Carbon Exchange Supervision Inarno Djajadi, and Deputy Commissioner for Issuers, Securities Transactions, Special Examinations, Financial Derivatives, and Carbon Exchanges I.B. Aditya Jayaantara.

In an official statement in Jakarta, as reported by the OJK official website, Mahendra said the resignations were an act of moral responsibility to support the creation of the necessary recovery measures for Indonesia’s capital market.

The resignations have been formally submitted in accordance with prevailing laws and regulations and will be processed under the mechanism stipulated in Law No. 21/2011 on the Financial Services Authority, as strengthened by Law No. 4/2023 on Financial Sector Development and Strengthening (P2SK Law).

In the interim, the duties and responsibilities of the OJK chairman, the executive head, and the deputy commissioner will be carried out in line with existing legal provisions and governance frameworks to ensure the continuity of policies, supervision, and public services for financial industry stakeholders.

The OJK reiterated its commitment to maintaining public and industry trust by consistently applying good governance principles, transparency, and accountability across all institutional processes.

Earlier on Friday morning, Indonesia Stock Exchange (IDX) President Director Iman Rachman also announced his resignation. He said the decision was taken as a form of responsibility for recent conditions in Indonesia’s capital market.

“Although conditions improved this morning, I would like to make a statement, without a question-and-answer session, that as President Director of the Indonesia Stock Exchange, and as a form of responsibility for what occurred over the past two days, I hereby resign from my position,” Iman said.

Despite stepping down, Iman hopes that Indonesia’s capital market will improve going forward. “I hope this decision is the best for the capital market, and that with my resignation, our market will become better,” he said. ***