Bank Indonesia Governor Perry Warjiyo Resigns Two Years Early

Perry Warjiyo resigned as Governor of Bank Indonesia, citing personal reasons, after nearly seven years leading the central bank and roughly two years before his term was due to end. The government confirmed the resignation was voluntary; Warjiyo did not meet President Prabowo Subianto directly before submitting it. Senior Deputy Governor Destry Damayanti assumed his duties, and Bank Indonesia's Board of Governors formally appointed her Acting Governor on July 26. The sudden, early exit of a governor widely seen as having preserved the central bank's operational independence rattled markets and revived questions about Bank Indonesia's autonomy under Prabowo, who has pushed for more accommodative monetary policy.