Wimboh Santoso took the first step of his career by taking a job as banking supervisor at Bank Indonesia, following the completion of his undergraduate study at the State University of Surakarta in 1983. He pursued a further study at University of Illinois and gained a Master’s degree in Business Administration in 1993. His thirst for knowledge led him to enroll to Loughborough University, from which he took home a PhD in Banking and Finance in 1999.
Wimboh, who was born on March 15, 1957, in Boyolali, Central Java, continued dedicating his expertise to Indonesia’s banking industry by serving as Director of Banking Research and Regulation at Bank Indonesia from 2010 to 2012. Later, he was appointed as Head of Bank Indonesia Representative of New York, before joining the International Monetary Fund to take an executive director’s seat there. Since 2015, Wimboh has been the President Commissioner at PT Bank Mandiri (Persero) Tbk, and in 2016, he also became Indonesian Banking Development Institute Director.
The senior banker was part of Bank Indonesia delegation for a G20 meeting in 2010, and in the same year he also represented the Central Bank at the Financial Stability Board and the Basel Committee on Banking Supervision. Then in 2014, he co-chaired the Asean Banking Integration Framework. The prominent bureaucrat attained a number of certificates from the Banking Professional Certification Institute (LSPP) for a range of topics, from Risk Management Competency Levels 1 and 2, Facing Global Challenges for Better Economic Growth (2017), to Managing Compliance Risk while Controlling Cost.
Wimboh has been teaching at leading universities in Indonesia, for both undergraduate and postgraduate programs and on top of that, he has produced considerable achievements and distinguished writings. Titles of his works include Effective Financial System Stability Framework (2007), the Impact of Global Liquidity on Financial Landscapes and Risk in the ASEAN-5 Countries (2007), Risk Profile of Households and the Impact on Financial Stability (2009), and many others.
In 1985, Nurhaida gained her engineering degree in textile chemistry from the Bandung Institute of Textile Technology. Ten years later, she added an MBA (Master of Business Administration) degree to her name, following the completion of her postgraduate study at Indiana University Bloomington, the United States of America (USA).
Nurhaida, who was born in Padang Panjang on June 27, 1959, began her career at the Ministry of Finance in 1989. She served in a number of positions, including the Ministry’s Expert Staff for Policies and Regulations of Financial Services and Capital Market in 2011, Chairman of the Capital Market and Financial Companies Supervisory Agency from 2011 to 2012, and Member of Financial Services Authority’s (OJK) 2012 - 2017 Board of Commissioners concurrently Executive Chairman of Capital Market Supervisor.
She honed her skills at international institutions, including Center for Creative Leadership, Colorado Spring, USA, where she attended the Leadership Development Programme in 2014 and 2016. Earlier, Nurhaida also participated in the 2010 International Institute on the Inspection and Oversight of Market Intermediaries—an annual conference held by the US Securities and Exchange Commission in Washington DC, USA.
Nurhaida has won a number of recognitions. She was named as one of the 71 Indonesian Inspiring Women by Obsession Media Group in 2016, and listed as one of the 99 Most Powerful Women by Globe Asia in 2015, the same year she was presented a Thomas Mural Medallion from Indiana University. Moreover, she was often invited to become a speaker at international events, including those held by Credit Suisse Securities in Hongkong (April 7, 2016), by Deutsche Bank in Singapore (February 21 - 22, 2016), by ASIFMA in Hongkong (December 2 - 3, 2015), by Financial Times in Malaysia (October 22, 2015), by Citi Group in Hongkong (September 8, 2015), and by Asia Pacific Financial Forum in Hongkong (January 27, 2015).
Heru Kristiyana was born in Salatiga, on September 5, 1956. He graduated from Diponegoro University’s Faculty of Law in 1981. In 2000, he pursued his postgraduate study at IPWI School of Economics.
Heru served as Department Head of Banking Supervision III at Bank Indonesia in 2011. He thrived on the position, and as a result was appointed as Deputy Commissioner of Banking Supervision IV at the Financial Services Authority (OJK) from 2013 to 2016.
Adding to his academic credentials, Heru has earned a number of certification, one of which was presented by the Risk Management Certification Body in 2007 after he had attended a directors executive program on risk management certification. He also received Risk Management Certification Levels 1 and 2 from the same institute in 2016.
Born on February 21, 1966, the Jakarta-native Hoesen earned a master’s degree in financial management from Pelita Harapan University. He led the Indonesia Stock Market Clearing House (KPEI) as its president director and remained at the helm for three years before moving on to the Indonesia Stock Exchange. The bourse installed Hoesen as Director of Corporate Appraisal and his term of service ran until 2015.
To polish up his craft, this 1990 graduate of Padjajaran University’s School of Agriculture has traveled across the globe. Hoesen flew to Washington DC, USA, to attend an event held by the Development and Regulation of Securities Markets International Institute in 2007, ten years after setting foot in Japan to take part in Clearing and Settlement, the Ministry of Finance of the Republic of Indonesia, JICA Tokyo Stock Exchange.
Moreover, Hoesen was involved in the Global Custody and Portfolio Administration, State Street KDEI in 1996, Managing Change at the Indonesia Stock Market Clearing House (KPEI) in 2005 and participated in an event concerning issues on shares and transactions on shares at the capital market titled “Pledge of Shares, shares in repurchase transactions, lending and borrowing shares,” the Indonesian Capital Market Arbitration Board in 2007.
Prior to joining the OJK as a member of its Board of Commissioners, Hoesen had been heading PT Danareksa as the company’s director for the last two years.
Riswinandi was born in Jakarta, on September 12, 1957. Only few years after obtaining his Bachelor Degree in Economics from Trisakti University in 1984, he started his 12-year tenure as HRG Vice President of PT Bank Niaga Tbk. In 1999, he joined Indonesian Bank Restructuring Agency (IBRA) as Senior Vice President-Loan Work Out Division Head.
He continued pursuing his career by taking an offer to assume the director’s seat at PT Bank Danamon Indonesia Director. Three years later, Riswinandi became a Commissioner of PT Asuransi Ekspor Indonesia (Persero). From 2010 to 2015, he served as Vice President Director of PT Bank Mandiri (Persero) Tbk. Since 2015, Riswinandi has been the President Director of state-owned pawn shop PT Pegadaian (Persero) as well as a Commissioner of PEFINDO Credit Bureau.
The 2016 Deputy General Chairman of the National Banks Association (Perbanas) has obtained a number of certificates on a range of topics, including Enhancing The Power of Enterprise Risk Management in Creating a Sound Bank and Financial Risk Integration in 2016, Key Risk Management Challenge in 2015, Getting Ready for Uncertainty in Regulation and Market Environment, Recipes to Win Competition in 2013, and Optimizing Company Value through BCM & ERM in 2009 from the Banker Association for Risk Management.
This member of Indonesian Bankers Association’s (IBI) supervisory body also received other certificates from courses or events that he attended, such as Making Innovation Happen, London Business School, 2014; Transaction Banking Seminar held by Deutsche Bank in 2013; the 2011 Asia Pacific Risk Management Conference held by Enterprise Risk Management Academy (ERMA); Global Strategic Management Program (2011) and Leading Change and Organizational Renewal Program (2009), Harvard Business School; High Impact Leadership, Columbia University Graduate School of Business, 2010; Achieving Strategy through Business Process Change, Cranfield School of Management, 2008; Corporate Risk Management Refresher, ABN Bank AMRO, 2008; and Executive Risk Management Certification Programme, the Risk Management Certification Board, 2006.
Born in Banyuwangi, on July 19, 1966, the 1988 Airlangga University graduate started his career by joining Bank Bali’s Officer Development Program for two years. He went on to become a Section Head of PT Bank Private Develop Finance Company of Indonesia until 1995.
In 2000, Ahmad received his Master of Business Administration degree in finance from the University of Illinois. With a postgraduate degree in hand, the third best graduate of the 2002 Bank Indonesia Leadership Program I was appointed as Head of the Central Bank’s Financial Regulation, Planning and Reporting, and was also named as member of Bank Indonesia Pension Fund’s Supervisory Board in 2014.
In the same year, Ahmad also developed his skills further through a range of courses, such as the 6th SEACEN Intermediate Leadership Course: Leadership in Times of Uncertainty, held by the Seacen Center and BIS (Bank for International Settlements) in 2012; General Management on Pension Funds (MUDP), Cost Accounting and Performance Measurement, organized by Deutsche Bundesbank in Frankfurt; and as a chartered accountant, he joined the Institute of Indonesia Chartered Accountants (IAI) in 2014.
The exposure described above was complemented with his involvement as member of the Steering Board of Bank Indonesia’s Financial Accounting Policies Committee in 2013, Yasporbi Patron for the year of 2014 and with attending Management Training for Pension Fund Management – Class XXV, which helped build his capability of running his job as Head of Tax Accounting Group in 2016. A year later, he was promoted to Finance Department Director of Bank Indonesia.
Having graduated from the Faculty of Accounting of Diponegoro University, Tirta Segara polished his craft in the field of finance by completing his postgraduate study at the George Washington University and earned a Master’s Degree in Business-Finance and Investment from there in 1994. A year later, Tirta embarked on a banking career by working as an investment banker at Ficorinvest Bank, Jakarta.
In 2001, the International Monetary Fund named him advisor to SEA VG Office. Later, Tirta moved to Bank Indonesia and after dedicated himself there for almost a decade, the man who was born in Semarang, on July 6, 1963, was appointed as Deputy Secretariat General of the central bank employees’ association.
In 2014, the top graduate of Bank Indonesia Leader Staff school (SESPIBI) Class XXIX was promoted to Head of Communication Department. During his tenure, he produced a fair share of research publications or books such as ‘Memperkuat Kerangka Kebijakan Moneter (Strengthening Monetary Policies Framework),’ and ‘Jaga Stabilitas, Dukung Pemulihan Ekonomi (Maintain Stability, Support Economic Recovery).’
During his years of service at Bank Indonesia, Tirta often provided Advanced Education and Training I (Orientation)—Outdoor Management Development—in 2000 and Advanced Education and Training II—Outward Bound—in 2005.
Mardiasmo was born in Solo, Central Java, on May 10, 1958. He has completed his education in accounting at Faculty of Economics and Business of Gadjah Mada University in 1981, magister program at University of Bridgeport, Connecticut, United States of America in 1989, and doctoral education at School of Public Policy, University of Birmingham, England in 1999.
On December 10, 2010, Mardiasmo was elected Chairman of National Council of the Institute of Indonesia Chartered Accountants (IAI) for the period 2010-2014 in the 11th IAI Congress in Jakarta. In public sector, Mardiasmo once expressed his expectation that accountants should be able to safeguard state budget from planning to reporting, so that state budget is fairly allocated for aimed targets by mean of development.
The incumbent Chairman of Development and Finance Comptroller (BPKP) was once in charge in 2010 as Director General of Fiscal Balance (DJPK) at Finance Ministry under Finance Minister Sri Mulyani.
On June 28, 2012, State-Owned Enterprises Minister Dahlan Iskan appointed Mardiasmo as President Commissioner of Jasa Raharja based on decision of shareholders other than shareholders` general meeting (RUPS) on appointing members of board of commissioners of state-owned companies.
And on October 27, 2014, President Joko Widodo appointed Mardiasmo as Deputy Finance Minister for Working Cabinet (2014-2019), replacing Bambang Brodjonegoro who had served as Deputy Finance Minister in United Indonesia Cabinet II under the governance of President Susilo Bambang Yudhoyono for the period 2009-2014.
Born in Jakarta, on September 19th 1966, Dody Waluyo finished his bachelor degree from University of Indonesia with major in economics and development dtudies. He continued his postgraduate study in University of Colorado and gained Master of Business Administration degree.
Dody started his career afterward as a staff of Human Resources Department in Bank Indonesia on 1988. During his time in Bank Indonesia, Dody has held several important positions as Head of Strategic Management and Governance Department (2014-2016), Head of Economic and Monetary Policy Departement (2013-2014), Head of Strategic Planning and Public Relations Department (2012-2013), Director of International Directorate (2012) and Bureau Chief of International Directorate (2010-2012).
On April 18th 2018, Dody has officially served as Deputy Governor of Bank Indonesia in accordance with the Presidential Decree of the Republic of Indonesia Number 69/P 2018 dated April 13th 2018. He then appointed as an Ex-Officio Member of OJK Board of Commissioners from Bank Indonesia by Chief Justice of the Supreme Court on September 25th 2019 in accordance of Presidential Decree of the Republic of Indonesia Number 82/P 2019 dated on September 3rd 2019.
Muliaman Darmansyah Hadad was born in Bekasi, West Java, on April 3rd, 1960. He has graduated from Faculty of Economics at University of Indonesia in 1984 before continuing his Master’s degree at John F. Kennedy School of Government of Harvard University in Massachusetts, the U.S., in 1990 and earned Master of Public Administration degree a year later. In 1996, Muliaman had a Ph.D. degree in business and economics from Monash University in Melbourne, Australia.
Muliaman started his carrier as a general staff at Bank Indonesia of Mataram office in 1986. In 2003, he was promoted as Head of Financial System Stability Bureau, and two years later he served as Director of Directorate for Banking Research and Management. Muliaman was promoted as Bank Indonesia Deputy Governor based on Presidential Decree No. 69/P dated December 22nd, 2006, and was inaugurated on January 11th, 2007.
Muliaman is also active as Head of Indonesian Sharia Economic Community and is a lecturer at several universities, including postgraduate lecturer at Trisakti University, and was once in charge as Head of Alumni Association of Faculty of Economics in 2007-2010.
The former Secretary General of Central Committee for Indonesian Association of Economists or ISEI (2003-2006 and 2006-2009) was re-elected as Bank Indonesia Deputy Governor for his second term of office based on Presidential Decree No.75/P dated December 21st, 2011, and was inaugurated on December 29th, 2011.
On July 18th, 2012, Muliaman Dharmansyah Hadad was appointed as Chairman of Board of Commissioners of the Financial Services Authority (OJK) based on Presidential Decree No. 67/P of year 2012. The Head Focus Group of ISEI Central Committee (PP-ISEI) was sworn in on July 20th, 2012, by Chief Justice of Supreme Court for 2012-2017 term of office.
Rahmat Waluyanto bearded an academic title in accounting from Gadjah Mada University in Yogyakarta and has served long at the Ministry of Finance. He started his career in 1985 as a staff of Directorate of State Owned Enterprises Fostering, Directorate General of Internal Affair Monetary, Ministry of Finance.
In 2005, the man who was born in Lampung on October 3rd, 1956, was promoted as Director of Promissory Notes Management at Ministry of Finance’s Directorate General of Treasury, and was promoted a year later as Director General of Debt Management Office until July 2012. Rahmat Waluyanto, who was also an MBA graduate in finance from University of Denver, Colorado, U.S., once held a position as Alternate Governor of IMF, meaning Bank Indonesia Governor acting as IMF Governor in Washington D.C.
On July 18th, 2012, the Ph.D holder in accounting and finance from University of Birmingham, U.K., was named as member of OJK Board of Commissioners based on Presidential Decree No. 67/P of year 2012, and was sworn in on July 20th, 2012 before Chief Justice of Supreme Court for 2012-2017 term of office. And, based on Presidential Decree No. 72/P of year 2012, Rahmat Waluyanto was promoted as Deputy Chairman of OJK Board of Commissioners and Head of OJK Ethics Committee, concurrently as member.
Nelson Tampubolon gained Bachelor’s degree in economics from Faculty of Economics at Parahyangan University in Bandung, West Java, and Master of Science degree in Management (MSM) from Arthur D. Little Management Institute, Boston, U.S. Born in Balige, North Sumatra, in January 1954. He started his career at Bank Indonesia central office as General Staff of Bank Supervision for a year starting in 1982.
In 1983, he was assigned to study in New York, U.S., and was promoted in 1988 as Head of Bank Indonesia Organizational Development Division. After some professional promotion and rotation in several directorates, Nelson was appointed as Director of Banking Research and Management in 2002. From 2005 to 2008, he was in charge as Head of Bank Indonesia branch office in Singapore before continuing as Bank Indonesia Director for International Affairs Directorate from 2008 to January 2012.
Nelson is an alumnus of National Defence Agency (Lemhanas, now National Resilient Agency) of XIII batch (2005). He was named as member of OJK Board of Commissioner based on Presidential Decree No. 67/P dated July 18th, 2012, and was sworn in before Chief Justice of Supreme Court for 2012-2017 term of office.
Nurhaida was born in Padang Panjang, West Sumatra, on June 27th, 1959, and obtained her degree in Textile Engineering form Bandung Textile Institute, West Java. She had also completed her Master of Business Administration education at Indiana University in Bloomington, U.S.
Nurhaida started her career in government after as she joined Ministry of Finance in 1989. In 2006, she was in charge as Head of Financial Assessment Bureau for Real Sector Company at Capital Market and Financial Institution Supervisory Agency (Bapepam LK). She was then promoted as Minister of Finance’s expert staff for the field of financial services policy and regulation, capital market and other financial institutions based on Presidential Decree No. 20/M of year 2011 dated January 21th, 2011.
On July 18th, 2012, Nurhaida was appointed as member of OJK Board of Commissioners based on Presidential Decree No. 67/P of year 2012. She was inaugurated and sworn in before Chief Justice of Supreme Court for 2012-2017 term of office.
Firdaus Djaelani started his civil servant career as a staff at Ministry of Finance in 1981. Born in Jakarta on December 1954, he was once in charge as member or head of operational team for various researches and preparation of law making, such as insurance law, pension fund law, law on OJK, law on Deposit Insurance Corporation (LPS), anti-money laundering act, and many more.
The 1993 alumnus of Management, Faculty of Economics at University of Indonesia, who is experienced as regulator as well as industry player in banking sector and non-bank sector (particularly insurance), was appointed as Director of Directorate of Insurance at Directorate General of Financial Institutions (DLJK), Ministry of Finance, from 2000 to 2006. He was once in charge as Director of Insurance and Risk Management at LPS from 2005 to 2008. The Master’s degree holder in economics from Ball State University in Indiana, U.S., was then promoted as member of LPS Board of Commissioners concurrently as LPS Chief Executive from 2008 to April 2012.
Firdaus gained doctoral degree from Gadjah Mada University in 2012 and is active as Head of Indonesia Senior Executive Association (ISEA), takes part in ISEI management, and performs as Advisor of Sharia Economic Community since 2009. Previously, he was a member of Expert Board of Indonesian Association of Muslim Intellectuals or ICMI (2006-2011), Deputy Head of Civil Society Association (2002-2006), and was on leadership of Betawi Consultative Body (1982-1990).
Firdaus Djelani was enacted as member of OJK Board of Commissioners based on Presidential Decree No. 67/P of year 2012. He was inaugurated and sworn in before Chief Justice of Supreme Court for 2012-2017 term of office.
Born in Bandung, West Java, on July 12nd, 1959, Ilya Avianti started her career as a lecturer at Faculty of Economics of Padjadjaran University (Unpad) in the same city in 1985. She gained Bachelor’s degree in economics and accounting, Magister title in accounting science and doctoral degree in accounting from the same university.
Since 2002, Ilya Avianti has been active in Indonesian Association of Accountants (IAI) with her latest position as Head of Board of Financial Accounting Standard (DSAK) of the association. She has also served as expert staff at Ministry of Finance in 2005 to 2006.
In 2007, Ilya worked as expert staff at Supreme Audit Agency (BPK). Two years later, she shifted as state finance main auditor at the agency’s State Finance Auditorate VII. After realizing that she was elected as one of candidates for OJK Board of Commissioners, she resigned from her profession as professor and permanent lecturer at Faculty of Economics in Unpad, which she had been doing since 2010.
On July 18th, 2012, the Head of DSAK Consultative Board and honorary member of Association of Indonesian Public Accountants (IAPI) was appointed as member of OJK Board of Commissioners based on Presidential Decree No. 67/P of year 2012. She was sworn in before Chief Justice of Supreme Court for 2012-2017 term of office.
Kusumaningtuti Sandriharmy Soetiono started her career as a staff at Credit Examination division of Credit Planning and Supervision at Bank Indonesia in 1980. Born in London, U.K., on July 21st, 1954, she gained a Bachelor’s degree in law from University of Indonesia in 1979 and a Legume Magister title from Washington College of Law at the American University, U.S., in 1984.
She holds doctoral degree in law from University of Indonesia and was promoted as deputy director to lead Directorate of Law at Bank Indonesia before being promoted as Director of Directorate of International Affairs at the central bank. Kusumaningtuti was once in charge as Director of Bank Indonesia’s Centre of Education and Study for Central Bank in 2006. A year later, she was assigned as Director of the bank’s Directorate of Human Resources. In 2010, Kusumaningtuti was mandated as Head of Bank Indonesia branch office in New York, U.S., for two years.
On July 18th, 2012, the title bearer of Master of Law in International Law and Legal Studies and Ph. D from the American University in Washington D.C., U.S., was named as member of OJK Board of Commissioners based on Presidential Decree No. 67/P of year 2012. She was sworn in before Chief Justice of Supreme Court for 2012-2017 term of office.
Mirza Adityaswara, born in Surabaya in 1965, graduated with a Bachelor of Economics from the University of Indonesia and subsequently received his Master of Applied Finance from Macquarie University, Sydney, Australia.
Mirza began his career as a Dealer at Bank Sumitomo Niaga in 1989. From 2002 until October 2005, however, he was installed as Director, Head of Securities Trading & Research, Bahana Securities and then in November of the same year he was appointed as Director, Head of Equity Research & Bank Analysis at Credit Suisse Securities Indonesia. From 2008 – 2010, Mirza served as Managing Director, Head of Capital Market, Mandiri Securities and simultaneously as the Chief Economist for Bank Mandiri Group.
Prior to his appointment as Senior Deputy Governor of Bank Indonesia, Mirza served on the Board of Commissioners of the Deposit Insurance Corporation (LPS) and since April 2012 he has also functioned as the Chief Executive of the Deposit Insurance Corporation and the Board of Commissioners. In accordance with Presidential Decree No. 113/P of 2013, dated 30th September 2013, Mirza was sworn in as Senior Deputy Governor of Bank Indonesia on 3rd October 2013, incumbent for the period from 2013 – 2014.
Under Presidential Decree Number 62/P of 2014, Mirza Adityaswara is appointed the Senior Deputy Governor of Bank Indonesia for a term of office of 5 (five) years
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