107 Applicants Pass OJK Commissioner Selection Stage I

The first stage of the selection process for members of the Financial Services Authority (OJK) Board of Commissioners has shortlisted 107 candidates. The highest number of successful applicants, 25, applied for the position of Member of the Education and Consumer Protection Division, while 17 applied for the position of Executive Head of Capital Market Supervision.

Fifteen applicants were shortlisted for each of the positions of Chairman and Deputy Chairman of the Board of Commissioners. According to Coordinating Minister for the Economy and member of the selection committee, Darmin Nasution, the allocation of applicants across the various positions was well-distributed, making the selection process highly competitive.

The selection committee received 882 online applications. Half of these applicants were below the minimum age requirement of 35 years. Ultimately, only 174 applicants completed their application documents and proceeded to the first stage of the selection process. The second stage of the selection process commenced on February 8th and the results will be announced on February 25th, 2017, via the official OJK Board of Commissioners selection website.