New LPS Board of Commissioners: Who Are They?

Eksekutif
Summary

President Joko Widodo has approved several names to sit on the board of commissioners of the Deposit Insurance Corporation (LPS). The Coordinating Maritime Affairs and Investment Ministry’s maritime sovereignty and energy deputy, Purbaya Yudhi Sadewa, will reportedly chair the institution.

Aside from Purbaya, the president will also appoint Lana Soelistianingsih as LPS executive director and one of its Board of Commissioners’ members, joined by Didik Madiyono. Meanwhile, Luki Alfirman, Destry Damayanti, and Heru Kristiyana will be the ex-officio members from the Finance Ministry, Bank Indonesia (BI), and the Financial Services Authority (OJK), respectively. A presidential decree (Keppres) consisting of their official appointments as LPS Board of Commissioners will come into effect on September 20, 2020. The State Secretariat secretary, Setya Utama, confirmed that Jokowi had approved the names. However, he had no idea when the inauguration would take place.

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