Soeharto dismisses four BI directors<\/p>\n
JAKARTA (JP): President Soeharto dismissed four Bank Indonesia
\ndirectors and replaced them with two outsiders and two others
\nfrom the central bank, according to a presidential decree issued
\nyesterday.<\/p>\n
Presidential Decree No. 352\/M 1997, dated Dec. 20, stated that
\nHendrobudiyanto, the director responsible for private foreign
\nexchange bank supervision, Paul Soetopo Tjokoronegoro, director
\nof market operations, Heru Soepraptomo, director of legal affairs
\nand Mansjurdin Nurdin, director for the supervision of private
\nnon-foreign exchange banks, were honorably dismissed from their
\npositions.<\/p>\n
However, Soeharto still kept the three other directors:
\nBoediono, Haryono and Mukhlis Rasjid.<\/p>\n
Soeharto said the four directors were replaced based on a
\nletter from the minister of finance, dated Dec. 19.<\/p>\n
They were replaced by Iwan R. Prawiranata, the president
\ndirector of state-run Bank Bumi Daya (BBD), Miranda S. Gultom,
\nthe deputy assistant for monetary affairs to the coordinating
\nminister for economy and finance, Sjahril Sabirin, former Bank
\nIndonesia director, and Aulia Pohan, from the central bank's
\ninternal resources research and development department.<\/p>\n
Soeharto said the four new directors met all requirements to
\nbecome a central bank director.<\/p>\n
Iwan R. Prawiranata, 55, has extensive experience in the
\nbanking industry. Before holding BBD presidency, Iwan was
\npresident of state-owned Bank Rakyat Indonesia (BRI); and before
\nthat, he was president of state-owned Bank Expor Impor Indonesia
\n(Exim).<\/p>\n
Iwan, according to Panji Masyarakat magazine, started his
\ncareer at Bank Exim in 1969 when the bank was first established.
\nAbout 20 years later, Iwan was appointed president of the bank.<\/p>\n
Iwan, a graduate of Bandung-based Padjajaran University, was
\nthen assigned to lead BRI in 1992, and then BBD.<\/p>\n
Syahril Sabirin was a Bank Indonesia director from 1988 to
\n1993. He was then transferred to Washington DC to represent Bank
\nIndonesia at the World Bank.<\/p>\n
Miranda S. Gultom, 48, has been an active lecturer and
\nresearcher since she graduated from the University of Indonesia's
\nSchool of Economics in 1973.<\/p>\n
She is also a productive columnist and writer and a highly
\npopular speaker. She wrote the book Indonesia's Financial
\nLiberalization: An empirical Analysis of 1980-1988 Panel Data.<\/p>\n
Miranda got her M.A. degree in political economics and Ph.D.
\nin economics from Boston University.<\/p>\n
She was a consultant with various international organizations,
\nincluding the World Bank in Washington DC, the Asian Development
\nBank in Manila and the Economic and Social Commission for Asia
\nand the Pacific in Bangkok.<\/p>\n
In 1993, Miranda was appointed deputy assistant to the
\ncoordinating minister for economy and finance.<\/p>\n
Aulia Pohan is a new face. Before being promoted as a central
\nbank director, he was head of the central bank's research and
\ndevelopment department. (prb\/rid)<\/p>",
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