TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Halim Alamsyah named new central bank deputy governor

Halim Alamsyah has been chosen as a new Bank Indonesia (BI) deputy governor to replace Siti Ch

Aditya Suharmoko (The Jakarta Post)
Jakarta
Tue, May 11, 2010

Share This Article

Change Size

Halim Alamsyah named new central bank deputy governor

H

alim Alamsyah has been chosen as a new Bank Indonesia (BI) deputy governor to replace Siti Ch. Fadjrijah, after a 29-24 vote by the House of Representatives Commission XI overseeing financial affairs.

Halim, currently the director of banking research and regulation at BI, was selected on Monday over Krisna Wijaya, a commissioner at Bank Danamon, and Perry Warjiyo, the director of monetary policy research at BI. Krisna received 24 votes, while Perry received none.

The commission is set to announce the decision at a plenary session on May 17, commission chairman Emir Moeis said Monday.

Six points Halim pointed out during the fit-and-proper test included: restructuring the banking sector (including rural banks) by strata; improving banking supervision; improving information systems; providing more financing access to micro, small and medium enterprises; stabilizing the financial sector; and improving human resources at BI.

Emir said Halim was selected because he was the most “ideal” candidate.

The three candidates faced a fit-and-proper tests last week, which were carried out by the commission.

However, the commission did not announce its results immediately, which prompted speculation there had been lobbying from political parties for Halim’s election.

With Halim’s election, there remains only one vacancy on the BI’s board of governors: the position of BI governor.

President Susilo Bambang Yudhoyono has not named a new BI governor — since Boediono left the central bank in May 2009 to become Vice President. Speculation is rife that BI Senior Deputy Governor Darmin Nasution may be proposed to fill the governor’s seat. Bank Mandiri president director Agus Martowardojo has also been touted as a strong candidate.

Agus and Raden Pardede were proposed as BI governor candidates in 2008, but were not selected by commission XI. Yudhoyono went on to propose Boediono as a single candidate, who was praised by lawmakers because of his track record.

Fadjrijah came under the media spotlight in 2008 when Bank Century (now Bank Mutiara) collapsed, forcing the government to bail out the bank, which eventually cost the state Rp 6.76 trillion (US$716 million).

Fadjrijah was in charge of overseeing the banking sector, and has been on sick leave since the bailout.

With the election, there remains only one vacancy: the position of governor.

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.