04 Sep 2019

UNS Inaugurate Wimboh Santoso as a Professor in Risk Management

The Universitas Sebelas Maret (UNS) inaugurate Wimboh Santoso as a Professor of non-permanent lecturer in Risk Management for the Faculty of Economics and Business (FEB) UNS. The inauguration took place in GPH Haryo Mataram Hall in UNS, Monday, August 26th 2019.
During the inauguration on the open Senate meeting that was attended by the Head of Ministries and/or Institution, Head of Local Government, and Head of financial service industries, Wimboh presented his inauguration speech entitled “Digital Revolution: New Paradigm in Finance and Economics. He mentions that digital culture creates a revolution in the community lifestyle and behavior in various aspect such as trading, transportation, education, and health care. The lifestyle in shopping has changed due to e-commerce. Most of the shopping center has changed into a meeting point, for various occasions. Various changes can also be found in education field such as e-learning and e-library. This can facilitate the teaching and learning process thus it can be conducted any where and any time. This will lead to cheaper education as it does not need great infrastructure to host an education service.
Wimboh also states that digital revolution can be challenges to make innovation, improve economics competitiveness, and opening financial access to the community. “On the other side, there is a risk potential that can disrupt the economics and financial stability if the policymaker does not react to the change quickly,” Wimboh, who is one of FEB UNS alumni, who currently serves as the Chairman of the Board of Commissioner of Indonesia Financial Service Authority (OJK) for the period of 2017-2022 explains. Economics theory as well as regulatory and supervisory approach to the financial services industry will be irrelevant to be applied in current situation and a new approach that is more dynamic and contextual is needed.
Prof. Dr. Jamal Wiwoho, SH, M.Hum, the Rector of Universitas Sebelas Maret (UNS) during the opening remarks mention that UNS that currently is classified into the first cluster of the best universities in Indonesia need Wimboh’s expertise. “Aside from his theoretical understanding, he (Wimboh) is also expert in the financial field as he has serves as the Chairman of the Board of Commissioner in OJK, this will adds the repertoire of publications in UNS”, Jamal explains.
Prof. Wimboh expertise will help UNS in facing the industry 4.0 era, where a disruption in higher education management will likely happened.