Indonesian president's nephew appointed to central bank, raising independence concerns

TheStar Tue, Jan 27, 2026 04:13pm - 1 week View Original


JAKARTA: Indonesia's parliament on Tuesday appointed President Prabowo Subianto's nephew, Thomas Djiwandono, as a deputy governor of the central bank, in spite of some concerns his installation will undermine the institution's operational independence.

The decision was unanimously agreed during the House's plenary session on Tuesday, said Saan Mustopa, the House's deputy speaker.

On Monday, a parliamentary commission overseeing finance had endorsed Thomas as the new deputy governor for Bank Indonesia, eliminating two other career central bankers.

"Hopefully this mandate can be carried out with integrity and wisdom and to also give a significant contribution in strengthening monetary policy, maintaining financial stability, and supporting sustainable economic growth," Mustopa said.

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Andre V
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Wow. Cool story.

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