Paul Soetopo Tjokronegoro, fourth from left, obtained his Ph.D. in law from Pelita Harapan University (UPH). He is accompanied by the former Vice President Boediono, fifth from left, and UPH rector Jonathan L Parapak, fifth from right. (Investor Daily Photo/Emral Firdiansyah)

Former Central Bank Managing Director Earns Law Doctorate From UPH

AUGUST 31, 2016

Tangerang. Former Bank Indonesia managing director Paul Soetopo Tjokronegoro received his doctoral degree in law with the highest honor from Pelita Harapan University, or UPH, in Tangerang.

Paul, who is 76, earned his Ph.D. with a thesis on a systemic analysis of graft in the banking sector. He is the founder and chief executive of the Center for Financial Policy Studies.

"The assessment team awarded Mr. Paul Soetopo the doctoral title in law summa cum laude," said UPH rector Jonathan L Parapak, who was also the chairman of the assessment team.

The promotion ceremony was attended by former Vice President Boediono, former Bank Indonesia governor Burhanuddin Abdullah, former industry minister Saleh Husin, former trade and industry minister Rahadi Ramelan and former energy minister Purnomo Yusgiantoro.

Paul, who is also a former assistant executive director of the International Monetary Fund (1978-1984), earned his double master's degree in economic development and political economy at Boston University.

At Bank Indonesia, he has served as the director of the overseas department (1985-1993), director of the foreign exchange department (1987-1993) and deputy governor (1993-1997).

Paul is a senior adviser at the Institute for Economic Analysis of Law and Policy of UPH.

UPH and the Jakarta Globe are both affiliated with the Lippo Group.

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