AAJI Supports Candidates From The Insurance Industry To Become OJK Commissioner

Illustration. (Photo: Doc. Antara)

JAKARTA - The Selection Committee (Pansel) for the Selection of Candidates for the Board of Commissioners of the Financial Services Authority for the 2022-2027 period has decided that 155 candidates for the Board of Commissioners will pass the first stage of selection (administrative selection).

Executive Director of the Indonesian Life Insurance Association (AAJI) Togar Pasaribu said the 155 candidates for the OJK Board of Commissioners had certainly been deemed to have fulfilled the administrative requirements by the Pansel.

"Of the 155 people, more than 10 percent came from practitioners in the IKNB (non-bank financial industry). Of course we hope that one of them can be elected as the Chief Executive of the IKNB later," Togar said in his statement to reporters, Saturday, February 12.

From several figures, there is a life insurance heroine who also participated in the nomination exchange for the OJK Board of Commissioners, namely Rista Qatrini Manurung who is currently the Legal, Compliance and Risk Director of PT AIA FINANCIAL.

Apart from Rista, industry practitioners such as AXA Mandiri Compliance Director Rudy Kamdani, BRI Life President Director Iwan Pasila and BCA Life President Director & CEO Rio Winardi also represented the life insurance industry in the nomination exchange.

"So it's not people who only understand the theory, but also implement and experience the life insurance business practice in detail and in depth. Not only from the operational side but also from the regulatory side," he said.

Togar hopes that IKNB practitioners who are currently registering for the selection of the OJK Board of Commissioners can be successful, and provide the best thoughts for the future. In the future, insurance industry practitioners will play a role in policy making at the OJK Board of Commissioners.

Contacted separately, Rista Qatrini Manurung said that sitting as a regulator is a tough task with great responsibilities. This is because it is not only required to carry out a supervisory function but also to formulate appropriate regulations to strengthen the financial services sector in Indonesia.

"This is a call from my heart to contribute to the country. Apart from channeling ideas and opinions, real action is also needed to strengthen the financial services sector as a contributor to national economic growth. it will be repaired as soon as possible," said Rista, who also serves as Head of the AAJI Legal Department.

Rista hopes that with his participation in the election of the OJK Board of Commissioners, he can contribute more to increasing public confidence in the financial services sector, not only insurance but also banking to non-banks such as financing institutions, investments, and fintech.

In 2045, Indonesia is targeted to be among the top five countries with the largest economies in the world where the financial sector plays a very important role in a country's economy.

The woman who now also serves as Deputy Chairperson of the Financial Institution Pension Fund Association has also designed several agendas to strengthen the role and function of the OJK, one of which she wants to achieve is strengthening institutional governance in the insurance industry with a focus on prevention, management and resolving insurance disputes as well as strengthening public confidence in the insurance industry.