SOE Reforms: President Prabowo Inaugurates Head and Deputy Head of the State-Owned Enterprises Regulatory Agency

President Prabowo Subianto inaugurates the Head and Deputy Head of the State-Owned Enterprises Regulatory Agency (BP BUMN) in a ceremony held at the State Palace, Jakarta, on Wednesday (10/08). (Photo by: BPMI of the Presidential Secretariat)

President Prabowo Subianto inaugurated the Head and Deputy Heads of the State-Owned Enterprises Regulatory Agency (BP BUMN) on Wednesday (08/10) at the State Palace, Jakarta,

During the ceremony, President Prabowo officially appointed Dony Oskaria as Head of BP BUMN, while Aminuddin Ma’ruf and Tedi Bharata were sworn in as Deputy Head I and Deputy Head II, respectively. The appointments were made under Presidential Decree No. 109/P of 2025 concerning the Appointment of the Head and Deputy Heads of the State-Owned Enterprises Regulatory Agency.

The inauguration was marked by the oath-taking ceremony, conducted in accordance with Islamic tradition and led directly by the President. The solemn event underscored the commitment of the newly appointed officials to carry out their duties with integrity and accountability.

“I swear to remain loyal to the 1945 Constitution of the Republic of Indonesia and to faithfully comply with all laws and regulations, dedicating myself to the service of the nation and the state,” President Prabowo recited as he led the oath-taking.

Following the oath, the ceremony continued with the signing of the official inauguration documents by the newly appointed officials. The event concluded with congratulations from President Prabowo and Vice President Gibran Rakabuming Raka, followed by other invited guests.

The ceremony was attended by heads of state institutions, ministers of the Red and White Cabinet, Commander of the Indonesian National Armed Forces General Agus Subiyanto, and Chief of the Indonesian National Police General Listyo Sigit Prabowo.

The establishment of BP BUMN was mandated under the amended Law No. 19 of 2003 on State-Owned Enterprises, passed by the House of Representatives on October 2, 2025. Under the revised law, the nomenclature of the Ministry of State-Owned Enterprises was officially changed to the State-Owned Enterprises Regulatory Agency (BP BUMN). (BPMI SETPRES) (AP/LW)