Tue, 18 Feb 2003

Profiles of three candidates for Bank Indonesia governorship

Miranda S. Goeltom

Born in Jakarta in 1949, Miranda currently serves as Bank Indonesia deputy governor on monetary policy. She has held the post since 1999, based on Presidential Decree No. 150/m/1999.

An economics graduate from the University of Indonesia, Miranda was awarded a masters degree in political economy and a PhD in economics by Boston University.

Apart from being a regular lecturer on monetary policy at various institutions, she also became a member of the Monetary Board Working Group and was the deputy assistant to the then coordinating minister for economic, financial and development control.

Miranda submitted her resignation letter in 2000 to show her disagreement over a burden-sharing scheme between the government and Bank Indonesia over the central bank's liquidity support loans (BLBI). The scheme required the central bank to shoulder around Rp 24 trillion of the Rp 144.5 trillion in bailout funds.

However, her resignation plea was not processed, forcing her to stay on in her post until now.

Burhanuddin Abdullah

Born in Garut, West Java, in 1947, he started his career in the central bank's credit division in 1981. Five years later he joined the governor's staff of the central bank.

He then went to work at the IMF, and was later appointed as an IMF assistant executive director in Washington.

He then returned to Bank Indonesia, when he saw his career rise ever since.

His good work performance enabled him to go all the way to become Bank Indonesia's deputy governor, a post he filled from July 2000 to June 2001. He was later appointed by then president Abdurrahman Wahid as coordinating minister for the economy.

Burhanuddin graduated from Bandung-based University of Padjadjaran in 1974 and earned his masters degree from Michigan State University in 1984.

Cyrillius Harinowo

A Yogyakarta-born economist, Cyrillius began his career at the central bank in 1978 as a credit planner. After a short stint at the Ministry of Trade and Industry, he returned to Bank Indonesia in 1988 to become the head of research and development.

In November 2000, he was appointed technical assistance advisor at the Monetary and Exchange Affairs Department of the IMF in Washington.

A graduate of Gadjah Mada University in Yogyakarta, he then went to Vandelbilt University to take his masters degree and doctorate. He was born in 1953.