Indonesian Political, Business & Finance News

Thomas Djiwandono Appoints Junanto Herdiawan as Head of BI West Java Representative Office, Here Are His Targets

| Source: VIVA Translated from Indonesian | Banking
Thomas Djiwandono Appoints Junanto Herdiawan as Head of BI West Java Representative Office, Here Are His Targets
Image: VIVA

Bandung, VIVA – Bank Indonesia Deputy Governor Thomas A M Djiwandono officially sworn in Junanto Herdiawan as Head of the BI Representative Office for West Java Province today, replacing Muhamad Nur, who had served for 2.5 years.

In his speech, Thomas stated that this leadership transition is part of strengthening leadership capacity at Bank Indonesia in carrying out its role to maintain stability and support national economic resilience. This leadership relay is also expected to further strengthen Bank Indonesia’s support as the main partner to local government.

“To achieve the projected economic growth for West Java in the range of 4.9%–5.7% (year-on-year) and to keep inflation within the target range of 2.5%±1% by the end of this year, Bank Indonesia consistently supports strengthening policy synergies that include price control, acceleration of investment and structural reforms, development of people’s economy, and digitalisation of the payment system,” Thomas said, quoted from his statement on Monday, 11 May 2026.

The swearing-in ceremony for the Head of the BI Representative Office was also attended by members of Commission XI of the House of Representatives, leaders of the West Java Provincial Government, Forkopimda officials, banking leaders, and cross-sectoral leaders involved in West Java’s pentahelix ecosystem.

On that occasion, West Java Governor Dedy Mulyadi also stated that Bank Indonesia, as an independent institution, is expected to continue maintaining rupiah stability and economic stability, while strengthening financial and governmental institutional tasks is the main focus of the West Java Provincial Government.

He emphasised the importance of strengthening money circulation to make it more even among the community, and expressed appreciation for Bank Indonesia’s role as a strategic partner of the provincial government in maintaining economic and financial stability in West Java. “In the future, synergy and collaboration between Bank Indonesia and the West Java Provincial Government are expected to be even stronger to realise an exceptional West Java,” he briefly said.

Overall, West Java’s macroeconomic performance in the first quarter (Q1) of 2026 was recorded as solid. The economy grew by 5.79% (year-on-year), higher than national growth. In line with that, price stability remained maintained with April 2026 inflation realised at a controlled 2.49% (year-on-year). This achievement is also the result of effective coordination within the framework of the Regional Inflation Control Team (TPID) through the implementation of the 4K strategy, namely Availability of Supply, Price Affordability, Smooth Distribution, and Effective Communication.

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