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Prabowo Chooses Insiders for Bank Indonesia Leadership

Bloomberg Markets •
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President Prabowo Subianto nominated three senior Bank Indonesia officials to fill the central bank’s top leadership positions, reinforcing expectations of policy continuity after he picked Destry Damayanti as the sole candidate for governor.

He nominated Aida S. Budiman, currently a deputy governor at Bank Indonesia, to become senior deputy governor, as announced by Parliament Speaker Puan Maharani in Jakarta late Wednesday. Solikin M. Juhro and M. Anwar Bashori were also put forward as candidates for deputy governor.

The appointments signal a preference for familiar insiders to maintain the current policy trajectory amid the new political leadership. Analysts suggest that retaining experienced Bank Indonesia personnel will help cushion any transition shocks and preserve the stability of the financial system.

Overall, the move reflects Prabowo’s strategy to strengthen continuity within Indonesia’s monetary policy framework as he assumes broader executive responsibilities.