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Jakarta Post

Darmin acting governor of BI

  • The Jakarta Post

Jakarta   /   Tue, July 28 2009   /  08:39 am

Tax Director General Darmin Nasution, who was installed as Bank Indonesia (BI) senior deputy governor to replace Miranda S. Goeltom on Monday, will automatically serve as the acting governor of the central bank because President Susilo Bambang Yudhoyono has yet to nominate a successor to Boediono, the vice-presidential-elect.Since Yudhoyono will most likely retain Finance Minister Sri Mulyani Indrawati in her current portfolio, the new governor is better selected from among members of the current board of governors (from within the bank) to create a strong monetary management team.Two complete outsiders in the two top positions at BI would not measure up with the uphill challenges the central bank is facing amid the persistent uncertainty in the financial market and weakening global economy.The governor and senior deputy governor should make up a team with a well-balanced combination of ...