The Indonesian National Banking Association (Perbanas) is confident\nthat the government and relevant authorities will appoint the best\nfigure with high credibility and a strong commitment to national\neconomic stability following the resignation of Perry Warjiyo as\nGovernor of Bank Indonesia (BI). Perbanas fully entrusts the process of\nappointing a replacement to the constitutional mechanisms and prevailing\nlaws and regulations.<\/p>\n
\u201cThe national banking sector remains confident in the strength of the\nBank Indonesia institution and its governance mechanisms,\u201d said Perbanas\nChairperson Hery Gunardi in an official statement in Jakarta on Monday.\nHery added that Perbanas also believes coordination between authorities\nwill continue to function well, ensuring that monetary stability, the\npayment system, and the national financial system remain secure.<\/p>\n
In general, Perbanas respects the resignation of Perry Warjiyo from\nhis position. The association believes that BI is an institution with a\nstrong legal foundation, governance, and institutional mechanisms, so\nthat all its duties and mandates will continue to be carried out\neffectively in accordance with the provisions of the law. The banking\nindustry views policy continuity and financial system stability as the\nmain foundations for maintaining public and business confidence.<\/p>\n
Perbanas affirmed that the national banking industry is currently in\na solid condition, supported by strong capital, adequate liquidity, and\nprudent risk management. Operational activities and services to the\npublic are proceeding normally. Perbanas also called on all market\nparticipants and the public to prioritise information from official\nsources and avoid speculation that could affect perceptions of financial\nsector stability.<\/p>\n
\u201cTrust is the main asset of the financial system. Therefore, it is\nimportant for all stakeholders to allow the institutional process to\nproceed according to regulations, while continuing to maintain optimism\nabout Indonesia\u2019s strong economic fundamentals,\u201d said Hery. Perbanas\nstated that going forward, it will continue to strengthen synergy with\nthe government, BI, the Financial Services Authority (OJK), the Deposit\nInsurance Corporation (LPS), and all stakeholders to maintain financial\nsystem stability and support sustainable national economic growth.<\/p>\n
On Monday morning, Bank Indonesia announced the voluntary resignation\nof Perry Warjiyo from his position as BI Governor for personal reasons.\nThe resignation was tendered on Saturday (25\/7). Following the\nresignation, BI\u2019s Board of Governors\u2019 Meeting on Sunday (26\/7) appointed\nSenior Deputy Governor Destry Damayanti as Acting Governor of BI, in\naccordance with Article 50 paragraph (2) of the Bank Indonesia Law. At a\npress conference at the Presidential Palace complex in Jakarta on Monday\nevening, Destry confirmed that the government has not yet submitted a\nrecommendation for a candidate to replace Perry Warjiyo. She explained\nthat the mechanism for filling the position of BI Governor is regulated\nin the Bank Indonesia Law, and the process will begin with the\nnomination of candidates who meet the requirements, followed by\nselection and appointment by the President with the approval of the\nHouse of Representatives (DPR).<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/perbanas-confident-replacement-for-bi-governor-perry-warjiyo-will-be-the-best-figure-1785167760", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }