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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Elections & Politics

Destry Damayanti Nominated as Sole Candidate for Bank Indonesia Governor

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

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  • President Prabowo Subianto has nominated Destry Damayanti as the sole candidate for the Governor of Bank Indonesia (BI).
  • Damayanti, currently the acting Governor, will undergo a fit and proper test by the DPR's Commission XI.
  • Muhammadiyah leader Anwar Abbas expressed confidence in Damayanti's qualifications and urged her to foster strong coordination with economic stability institutions.

President Prabowo Subianto has put forward Destry Damayanti as the sole candidate for the definitive Governor of Bank Indonesia (BI). The DPR's Commission XI is scheduled to conduct her fit and proper test on Wednesday, August 26, 2026.

Damayanti's nomination follows the resignation of Perry Warjiyo, whose departure was officially accepted by President Prabowo on July 26, 2026. Warjiyo, who had led BI since 2018, was subsequently granted an honorable dismissal. In the interim, Destry Damayanti, serving as the Senior Deputy Governor, was appointed as the acting Governor to ensure continuity at the central bank until a permanent successor was named.

Anwar Abbas, Chairman of the Central Leadership Council of Muhammadiyah, has voiced his support for Damayanti, citing her extensive experience and capacity to lead the central bank. He highlighted her background in finance, banking, capital markets, and monetary policy as crucial assets for her role.

Abbas urged Damayanti, if confirmed, to cultivate robust and rational relationships with key institutions vital for national economic stability. These include the Ministry of Finance, the Financial Services Authority (OJK), and the Indonesia Deposit Insurance Corporation (LPS), all members of the Financial System Stability Committee (KSSK). He also emphasized the need for strong coordination with central and regional governments, as well as payment service providers in both banking and non-banking sectors.

Looking ahead, Abbas acknowledged the significant challenges facing the next BI Governor, including global economic uncertainties stemming from geopolitical conflicts, rising energy prices, volatile financial markets, and currency fluctuations. Domestically, challenges persist in credit quality and growth, with consumer purchasing power and the real sector still under pressure. Therefore, he stressed the importance of BI policies that balance economic growth, equitable distribution, and stability.

DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.