Jakarta – Following his confirmation by the Indonesian House of Representatives on Tuesday,new Bank Indonesia Deputy Governor Thomas Djiwandono is set to meet with Hendra Lembong,President Director of leading Indonesian bank PT Bank Central Asia Tbk (BBCA). The meeting comes as investors keenly await insights into the Indonesian economic outlook and potential shifts in monetary policy [[1]]. BCA anticipates potential interest rate cuts this year, contingent on U.S. monetary decisions, and views Djiwandono’s leadership as pivotal for future economic growth [[2]].
Jakarta –
Hendra Lembong, President Director of PT Bank Centra Asia Tbk (BBCA), plans to meet with Bank Indonesia (BI) Deputy Governor Thomas Djiwandono following Djiwandono’s recent confirmation by the Indonesian House of Representatives on Tuesday, January 27, 2026.
BCA, one of Indonesia’s largest banks, is closely watched by investors for its insights into the country’s economic outlook. Lembong declined to disclose the specific agenda for the meeting, stating that details would be released after it concludes.
“We certainly plan to meet with him after he is officially in place, and we will share the outcome of our discussion at a later date,” Lembong said during a virtual press conference on Tuesday, January 27, 2026.
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Lembong expressed hope that Djiwandono’s leadership will contribute to domestic economic growth and bring fresh perspectives to Bank Indonesia’s monetary policy.
“We hope he will bring new ideas to help boost economic growth,” he explained.
BCA currently anticipates that Bank Indonesia will implement two interest rate cuts throughout the year, though this is contingent on monetary policy decisions in the United States.
“Considering the situation in the U.S., which hasn’t been as aggressive as previously expected, we’ve revised our forecast to anticipate one to two cuts to the benchmark interest rate,” Lembong added.
Thomas Djiwandono was selected to succeed Juda Agung, who previously resigned. His appointment followed a fit and proper test conducted by Commission XI of the DPR in Jakarta on Monday, January 26, 2026.
Following his confirmation by the DPR, Djiwandono affirmed his commitment to maintaining the independence of Bank Indonesia, stating, “I passed the fit and proper test by following all existing regulations and laws. I want to reiterate my commitment to safeguarding the independence of the central bank,” he said on Tuesday, January 27, 2026.
(ahi/ara)
