House endorses new BI governor, deputy governor

image source : Antara/Hafidz Mubarak

 

The House of Representatives (DPR) has officially endorsed Perry Warjiyo and Dody Budi Waluyo as the incoming Bank Indonesia (BI) governor and deputy governor, respectively, for the 2018-2023 term during a plenary session on Tuesday.

The lawmakers unanimously approved the results of the fit and proper test, which was conducted by House Commission XI overseeing financial affairs.

Perry, the current BI deputy governor, is to succeed outgoing BI Governor Agus Martowardojo, who is retiring in May. Dody, the central bank’s executive director of monetary and economic policies, will replace Perry as deputy governor.

Speaking after the plenary session, Perry said that under his leadership, the central bank would maintain the pro-growth policy that was implemented under Agus’s leadership.

“God be willing, I, along with Dody and all [members of the BI] board of governors will continue with good policies to maintain the stability of our macroeconomic condition, which includes low inflation and a stable rupiah exchange rate,” said Perry.“At the same time, we will support policies that encourage economic growth,” he added.

Dody is to assume the deputy governorship on Apr. 15, while Perry is to assume the BI governorship effective May 23.

Perry was the sole candidate President Joko Widodo had nominated as BI governor, while Dody was among three candidates the President had nominated. The two other candidates were BI monetary policy director Doddy Zulverdi and BI West Java representative office head Wiwiek Sisto Hidayat.  

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