DPR Awaits Prabowo's BI Governor Nominee

TEMPO.CO, Jakarta - Commission XI of the Indonesian House of Representatives (DPR) has not yet received an assignment from the Consultative Body (Banmus) to conduct a fit and proper test because it is still awaiting the name of the Bank Indonesia (BI) leadership candidate proposed by President Prabowo Subianto.

"According to the law, the president will propose a candidate for BI Governor to obtain approval from the DPR RI (Commission XI). Currently, to my knowledge, Commission XI has not received an assignment from Banmus to conduct a fit and proper test," said Deputy Chairman of Commission XI of the DPR RI in Jakarta on Monday.

Meanwhile, Deputy Chairman of Commission XI of the DPR RI, Mohamad Hekal, reminded that the transition process for the BI Governor should not disrupt the stability of the rupiah exchange rate.

"What is important now in the process of replacing the Bank Indonesia Governor is that Bank Indonesia's role in maintaining exchange rate stability and the value of the rupiah must also be maintained," Hekal explained.

He also believes that the appointment of BI Senior Deputy Governor Destry Damayanti as Acting Governor of BI will maintain market confidence in the central bank's performance.

"The appointment of Ms. Destry as the interim Governor of Bank Indonesia is in accordance with the Bank Indonesia Law, and I am confident that she is capable of carrying out this task and assuring all industry players that BI will carry out its duties effectively," he added.

As is known, on Monday morning, Bank Indonesia (BI) announced the voluntary resignation of Perry Warjiyo from his position as Governor of BI for personal reasons.

Following Perry Warjiyo's resignation, BI, through a Board of Governors Meeting (RDG) on Sunday (July 26), appointed Senior Deputy Governor Destry Damayanti as Acting Governor of BI. This temporary appointment is in accordance with Article 50 paragraph (2) of the Bank Indonesia Law.

In a press conference at the Presidential Palace Complex, Jakarta, on Monday evening, Destry confirmed that the government has not yet submitted a recommendation for a replacement candidate for Perry Warjiyo, who has resigned from the position of Governor of BI.

Destry explained that the mechanism for filling the position of Governor of BI is regulated by the Bank Indonesia Law. If a governor resigns voluntarily, the process of selecting a replacement will begin in accordance with applicable regulations.

He said the process begins with the nomination process for members of the Board of Governors who meet the requirements. The candidates will then be selected and confirmed by the president with the approval of the House of Representatives (DPR).

"So, everything is already stipulated in the Bank Indonesia Law. So, those provisions will be followed," Destry said.

Read: Danantara to Join Financial Stability Committee After BI Governor's Resignation

Click here to get the latest news updates from Tempo on Google News

Danantara to Join Financial Stability Committee After BI Governor's Resignation

5 jam lalu

Perry Warjiyo's BI Exit: How Did Investors React to Leadership Shift?

13 jam lalu

Prabowo Summons Acting BI Governor Destry Damayanti to Palace

16 jam lalu

What BI Must Do to Ease Market Jitters After Perry Warjiyo's Exit

18 jam lalu

Indonesia Shares Fall Ahead of Fed Decision as BI Leadership Changes

22 jam lalu

The Shadow Policy Rate Defending the Rupiah

1 hari lalu

Bank Indonesia Governor Perry Warjiyo Resigns

1 hari lalu

Indonesia's Forex Reserves Rise to US$145.6 Billion in June

5 hari lalu

Bank Indonesia Leaves Benchmark Rate Unchanged at 5.75%

5 hari lalu

Indonesia's Labor Absorption Slows, BI Survey Shows

8 hari lalu