Bank Indonesia Appoints Junanto Herdiawan as Head of West Java Representative Office

Jakarta (ANTARA) - Bank Indonesia Deputy Governor Thomas A.M. Djiwandono inaugurated Junanto Herdiawan as the Head of the Bank Indonesia West Java Provincial Representative Office. Junanto Herdiawan replaces Muhamad Nur, who had held the position for 2.5 years. In his speech in Bandung on Monday, Thomas stated that the leadership change is part of strengthening leadership capacity at Bank Indonesia in fulfilling its role to maintain stability and support national economic resilience. He added that this leadership handover is expected to further strengthen Bank Indonesia’s support as the primary partner to local governments. “To achieve the projected economic growth for West Java in the range of 4.9 percent-5.7 percent (year-on-year) and keep inflation within the target range of 2.5 percent ± 1 percent by the end of this year, Bank Indonesia consistently supports policy synergy strengthening, encompassing price control, investment acceleration and structural reforms, people’s economic development, and payment system digitalisation,” he said. On the same occasion, West Java Governor Dedy Mulyadi stated that Bank Indonesia, as an independent institution, is expected to continue maintaining rupiah stability and economic stability. He said that strengthening financial and governmental institutions is the primary focus of the West Java Provincial Government. According to him, the circulation of money in society also needs to be strengthened to make it more equitable. Dedy also expressed appreciation for Bank Indonesia’s role as a strategic partner to the West Java Provincial Government in maintaining regional economic and financial stability. “In the future, synergy and collaboration between Bank Indonesia and the West Java Provincial Government are expected to grow stronger to realise an exceptional West Java,” he said. Overall, West Java’s macroeconomic performance in the first quarter of 2026 was recorded as solid. The West Java economy grew by 5.79 percent annually (year-on-year), higher than national growth. In line with that, price stability was also maintained, with April 2026 inflation realised at a controlled level of 2.49 percent (year-on-year). This achievement is inseparable from the effectiveness of coordination by the Regional Inflation Control Team (TPID) through the implementation of the 4K strategy, namely supply availability, price affordability, smooth distribution, and effective communication. Meanwhile, the Bank Indonesia West Java Representative Office continues to accelerate investment attraction through the West Java Investment Challenge (WJIC), which currently offers around 150 strategic projects with a total investment value of more than Rp200 trillion. This step runs parallel to developing new economic sources through the expansion of sharia economy and green economy, empowering pesantren economies as centres of halal value chains, and strengthening financial inclusion through an active role in the Regional Financial Access Acceleration Team (TPKAD). In the payment system aspect, Bank Indonesia West Java will continue to promote economic efficiency through strengthening the Regional Digitalisation Acceleration and Expansion Team (TP2DD) to expand government transaction electronification. West Java is targeted to remain a national digitalisation leader with around 13.38 million QRIS users and 8.15 million merchants. On the other hand, Bank Indonesia also ensures cash availability through the provision of Fit for Circulation Money (ULE) sufficiently to remote areas as part of public services.