Jokowi said that Sri Mulyani Indrawati, who was finance minister from 2005-2010, is returning to the role from her current position as managing director at the World Bank.
In her first stint as finance minister she was praised for overhauling a corrupt taxation department and guiding the economy through the 2008 global financial crisis.
Wiranto, a former general who was head of the military when Indonesia's armed forces committed serious human rights abuses in East Timor, was named the minister for security, political and legal affairs.
It is the second reorganization of Jokowi's Cabinet since the maverick politician became president in 2014, after defeating an establishment candidate in a national election.
A total of 13 ministries were changed and nine of the ministers are new to the Cabinet. Many of the new appointments were in economy-related ministries, reflecting Jokowi's focus on developing an economy that is one of the largest in Asia but suffers from weak infrastructure and entrenched poverty.