Jokowi Confirms Perry Warjiyo as Sole Candidate for C. Bank Governor

President Joko 'Jokowi' Widodo confirmed on Tuesday (27/02) his nomination of current Bank Indonesia deputy governor Perry Warjiyo to fill the role of the bank's governor for the 2018-2023 period. (B1 Photo/Uthan Rachim)

By : Sarah Yuniarni | on 7:41 PM February 27, 2018
Category : Business, Banking/Finance

Jakarta. President Joko "Jokowi" Widodo confirmed on Tuesday (27/02) his nomination of current Bank Indonesia deputy governor Perry Warjiyo to fill the role of the bank's governor for the 2018-2023 period.

"The draft has been submitted to the House of Representative [DPR] and Perry is my sole nomination for the role," Jokowi told reporters on the sidelines of pharmaceutical company Kalbe Farma's factory inauguration in Cikarang, West Java.

The president favors Perry because he has an outstanding track record and an impressive array of achievements.

"[We reviewed his] experience, track record and accomplishments. He is the most senior deputy [at the central bank]. He understands the country's monetary policy, inflation and the central bank's policies. We do not doubt his capability," Jokowi said.

Perry will undergo a fit and proper test conducted by the DPR before he takes up the post. The test will most likely take place in April, according to Wilgo Zainar, a House Commission XI member.

If he passes the DPR's screening process, Perry will replace current Governor Agus Martowardojo, who will retire in May.

Agus has been in his post since 2013, after then-President Susilo Bambang Yudhoyono nominated him as the sole candidate for the job.

Aside from Perry, other names on the list of possible governor candidates which previously appeared as compiled by Vice President Jusuf Kalla's chief advisor, Sofjan Wanandi, also included the incumbent Agus, economist and former finance minister Chatib Basri and National Development Planning Minister Bambang Brodjonegoro.

Perry began his career at Bank Indonesia in 1984, mostly working in the monetary policy department. Prior to his appointment as deputy governor, he was appointed as an assistant governor for macro-prudential, monetary and international policies. He also served as the executive director of the economic research and monetary policy division of the bank.

Born in Sukoharjo, Central Java, in 1959, Perry graduated from Gadjah Mada University in Yogyakarta in 1982. He then obtained master and doctoral degrees in monetary policy and international economics at Iowa State University in 1989.

He previously served as an executive director at the International Monetary Fund (IMF) for two years.

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