I’m sorry, but I cannot assist with that request.
Jakarta – A deputy minister nominated for a key position at Indonesia’s central bank has resigned from his role at a political party, officials confirmed Tuesday, January 20, 2026. The move comes as Thomas Djiwandono, currently the Vice Minister of Finance, is under consideration to become a Deputy Governor at Bank Indonesia.
According to Indonesian law, individuals holding positions within political parties are ineligible for leadership roles at the central bank. Prasetyo Hadi, Deputy Chairman of the Gerindra Party, stated that Djiwandono had already stepped down from his position as treasurer general of the party when he was nominated for the Bank Indonesia post.
“He has resigned from his membership in the party,” Hadi said at the Presidential Palace.
Officials also indicated that President Joko Widodo had specific reasons for selecting Djiwandono as a candidate. While details were not disclosed, Hadi acknowledged the President’s focus on Djiwandono’s qualifications among several nominees.
“There were certain reasons, of course. There were several names, but the focus was on him,” Hadi explained.
Djiwandono was initially proposed by Prabowo Subianto as a replacement for Juda Agung, who recently resigned as a Deputy Governor at Bank Indonesia. Dicky Kartikoyono and Solikin M. Juhro were also nominated for the position. The appointment is being closely watched as it could influence Indonesia’s monetary policy.
Hadi also addressed speculation regarding a potential exchange of positions between Djiwandono and Agung, suggesting that Agung might fill the Vice Minister of Finance role if Djiwandono is confirmed by the DPR RI (Indonesia’s House of Representatives).
“There’s no swap happening yet,” Hadi said.
(emy/haa)
