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Jakarta Post

Lana Soelistianingsih appointed LPS executive director

  • News Desk

    The Jakarta Post

Jakarta   /   Fri, February 21, 2020   /   12:52 pm
Lana Soelistianingsih appointed LPS executive director Finance Minister Sri Mulyani Indrawati (second left) shakes hands with new Deposit Insurance Corporation (LPS) executive director Lana Soelistianingsih in Jakarta on Thursday. President Joko “Jokowi” Widodo appointed Lana as the new LPS executive director to replace Fauzi Ichsan. (Antara/HO)

President Joko “Jokowi” Widodo appointed Lana Soelistianingsih as the new Deposit Insurance Corporation (LPS) executive director on Thursday, replacing Fauzi Ichsan. 

The decision to appoint Lana and honorably discharge Fauzi was stipulated in Presidential Decree No. 10/M/2020.

Finance Minister Sri Mulyani Indrawati, who handed over the decree to Lana in a ceremony on Thursday, said she hoped Lana would be ready to collaborate with relevant parties and be aware of any economic challenges coming from inside and outside the country.

“[I also hope Lana] will improve LPS’ performance in insuring deposits are more sustainable in the future,” the minister said in a statement.

Read also: LPS lowers deposit insurance rates to 6.25 percent until end of year

She added that she also hoped Lana could turn the LPS into a corporation that contributed more to the stability of the Indonesian financial system.

Lana earned a Master’s degree in economic development from Vanderbilt University in Tennessee, United States, in 1995, and a doctorate degree in economy from the University of Indonesia in 2003. She joined Indonesian investment management company PT Samuel Aset Manajemen (SAM) as the head of economics and research in October 2013. (hol)