State Secretary Explains Transition Process for Bank Indonesia Governor

State Secretary Prasetyo Hadi has detailed the transition process for the leadership of Bank Indonesia (BI) following the resignation of Governor Perry Warjiyo. The process begins with the President’s acceptance of Warjiyo’s resignation letter. “The first step is that the President has received the resignation letter from Mr. Perry Warjiyo,” Prasetyo said during a press conference at the Bank Indonesia office in Jakarta on Monday. He explained that the administrative acceptance of the resignation will be followed by the issuance of a presidential decree to formally and honourably discharge Warjiyo from his position as BI Governor. “Subsequently, administratively, today we will follow up on the resignation letter because, according to the mechanism, a presidential decree will be issued regarding his honourable discharge from the position of Bank Indonesia Governor,” he stated. Following this administrative phase, the transition process will enter a period before President Prabowo Subianto nominates a definitive replacement. In accordance with the Bank Indonesia Law, the President will propose a candidate for the new BI Governor to the House of Representatives (DPR). The DPR’s Commission XI will then conduct a fit-and-proper test before granting official approval. Once approved by the DPR, the candidate will be formally appointed and inaugurated by the President as the definitive BI Governor. Prasetyo noted that President Prabowo has not yet submitted a definitive candidate to replace Warjiyo, as the resignation letter was only received on Sunday. He added that the President will propose a candidate in line with the mechanisms stipulated in the BI Law. The State Secretary also mentioned that communication regarding the leadership transition period, including the appointment of an acting governor, will be discussed with the President. “We plan to find time, possibly today, to discuss this with the President,” he said. Regarding the reason for Warjiyo’s resignation, Prasetyo stated that it was submitted via letter to the President citing personal reasons, and the government respects his decision. He firmly denied any government pressure behind the resignation, saying, “No, not at all. The letter simply stated a request to resign.”