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Zaafri Husodo

Zaafri Husodo (Zaafri Husodo)

Editorial Board Member · Universitas Indonesia, UI ·
Universitas Indonesia, UI Department of Management, Faculty of Economics and Business
Research Interests
Financial System Stability Market Microstructure in Financial Markets Financial Assets Volatility/Risk Corporate Finance Investment Financial Market and Intermediaries Islamic Finance and Banking Digital Finance Asset Pricing Portfolio Analytics Financial Frictions and Volatility Financial Surveillance Stablecoins and Cryptocurrency Banking Stability and Regulation Interest Rate Modeling Sukuk Pricing Consumer Behavior and Digital Finance
Professional Affiliations
  • Academic Member of Financial System Stability Forum (FRSK), Department of Macroprudential Policy, Bank Indonesia, since 2019
  • Member of the Nomination and Remuneration Committee, Tugu Insurance, since Aug 2018
  • Board Member (Pengurus), Yayasan NIS Indonesia
  • Government Relations (Board), Nord Anglia School, Jakarta, since 2013
  • Senior Researcher at BP Tapera
  • Principal Researcher (Ketua Peneliti) at Government Province of DKI Jakarta
  • Principal Researcher (Ketua Tim Peneliti) at Bank Indonesia
  • Research Reviewer, Department of Payment System, Bank Indonesia, 2017
  • Research Reviewer Panelist, Indonesia Deposit Insurance Agency, 2017
  • Research Reviewer for Frontier Research on Islamic Banking, Financial Services Authority (OJK), 2016
  • Research Reviewer for Yield Curve for Financial Market in Indonesia, Bank Indonesia, 2016
  • Research Reviewer, BPPK (Financial Education and Training Agency, Ministry of Finance), 2015-2016
  • Invited Reviewer for reputable academic journals in Asia-Pacific, since 2010
Academic Honors
  • Full Professor (Guru Besar Tetap), Universitas Indonesia, effective Oct 1, 2025, Ministerial Decree No. 43680/M/KPT.KP/2025
  • Program Insentif Artikel Berkualitas pada Jurnal Internasional Bereputasi (Quality Incentive Program for Publications in Reputable International Journals), Universitas Indonesia
  • Makara Dharma Bhakti Award, Universitas Indonesia
  • Top 10 Citations, Faculty of Economics and Business, Universitas Indonesia
Professional Experience
1993-1997
Bachelor of Economics (Hons., Cum Laude), Department of Management, Universitas Sebelas Maret (UNS), 1993-1997
Bachelor of Economics (Hons., Cum Laude), Department of Management, Universitas Sebelas Maret (UNS), 1993-1997
1998-2000
Master of Business Administration (M.B.A./Magister Manajemen, Hons., Cum Laude), Graduate School of Business, Faculty of Economics, Universitas Indonesia, 1998-2000
Master of Business Administration (M.B.A./Magister Manajemen, Hons., Cum Laude), Graduate School of Business, Faculty of Economics, Universitas Indonesia, 1998-2000
2004-2008
Ph.D. in Banking and Finance, Australian School of Business, University of New South Wales (UNSW), Kensington, NSW, Australia, 2004-2008
Ph.D. in Banking and Finance, Australian School of Business, University of New South Wales (UNSW), Kensington, NSW, Australia, 2004-2008
1999
Lecturer in Finance, Department of Management, Faculty of Economics and Business, Universitas Indonesia, Sep 1999 - Apr 2022
Lecturer in Finance, Department of Management, Faculty of Economics and Business, Universitas Indonesia, Sep 1999 - Apr 2022
2022
Associate Professor in Finance and Banking, Department of Management, Faculty of Economics and Business, Universitas Indonesia, Mar 2022 - Jan 2025
Associate Professor in Finance and Banking, Department of Management, Faculty of Economics and Business, Universitas Indonesia, Mar 2022 - Jan 2025
2025
Professor of Financial & Market Risk Management (Guru Besar), Department of Management, Faculty of Economics and Business, Universitas Indonesia, Jan 2025 - present
Professor of Financial & Market Risk Management (Guru Besar), Department of Management, Faculty of Economics and Business, Universitas Indonesia, Jan 2025 - present
Biography

Professor Zaafri Ananto Husodo is a Full Professor (Guru Besar) of Financial & Market Risk Management at the Department of Management, Faculty of Economics and Business (FEB), Universitas Indonesia (UI). He was formally appointed as Full Professor on October 1, 2025, by the Minister of Higher Education, Science, and Technology of Indonesia via Decree No. 43680/M/KPT.KP/2025, in the field of Financial Management and Market Risk (Manajemen Keuangan dan Risiko Pasar). He has been with Universitas Indonesia since 1999, serving as Lecturer (1999-2022), Associate Professor (2022-2025), and Professor (2025-present). He currently serves as Head of the Department of Management (2025-2029 term), Head of the Graduate Program of Management (since 2018), and Chair of the Digital Business and Economy Research Cluster (since 2021). He holds a B.Econ. (Hons., Cum Laude) from Universitas Sebelas Maret (1997), an M.B.A. (Hons., Cum Laude) from Universitas Indonesia (2000), and a Ph.D. in Banking and Finance from UNSW Australian School of Business (2008). His research focuses on financial system stability, market microstructure, Islamic finance, digital finance, and risk management, with 55 research outputs listed on UI Scholar and over 1,100 Google Scholar citations. On April 4, 2026, he delivered his professorial inauguration oration titled 'Measuring the Uncertain, Managing the Risky: A Scientific Framework for Financial Management and Market Risk Management for Indonesia' at Universitas Indonesia. His professional contributions extend beyond academia: he has served as Invited Member of the Financial System Stability Research Forum at Bank Indonesia, National Team Leader for the World Bank housing finance project, and Principal Researcher at the Ministry of Finance of Indonesia.

Awards & Recognition
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Publications & Representative Works