Prabowo appoints Destry Damayanti as Bank Indonesia governor to calm markets

Published Aug 10, 09:50 AM UTC

Indonesian President Prabowo Subianto has appointed Destry Damayanti as the new governor of Bank Indonesia, a move aimed at calming financial markets. Damayanti, who has served as senior deputy governor since 2019, was considered a front-runner for the position due to her strong market credibility and constructive relationship with the president. The appointment is seen as a strategic choice to maintain economic stability and investor confidence in Indonesia.