Destry Damayanti sworn in as Bank Indonesia Governor — new leadership takes office for the 2026–2031 term

Banking & FXUpdatedUpdated: September 2, 2026

On 10 August 2026, President Prabowo Subianto formally submitted Destry Damayanti's nomination as the sole candidate for permanent Governor of Bank Indonesia to the House of Representatives (DPR), alongside candidates for Senior Deputy Governor and Deputy Governor. Update: on 27 August 2026, DPR's Commission XI approved by consensus Destry Damayanti as Governor, Aida S. Budiman as Senior Deputy Governor, and Solikin M. Juhro as Deputy Governor, all for the 2026–2031 term. The DPR plenary session ratified the appointments on 1 September 2026, and on 2 September 2026 all three were sworn in before the Chief Justice at the Supreme Court under Presidential Decree No. 92/P/2026 — Destry Damayanti is now formally Governor of Bank Indonesia.

Key points

President Prabowo Subianto's nomination letter was delivered to DPR leadership by State Secretary Prasetyo Hadi on 10 August 2026.
Destry Damayanti, currently Acting Governor, is the sole nominee for the permanent Governor position — no competing candidates were submitted.
Candidates for Senior Deputy Governor and Deputy Governor were submitted in the same letter.
DPR Commission XI (finance) will conduct a fit-and-proper test before confirmation; as of this writing no date has been finalized, expected after parliament's recess ends 14 August 2026.
Destry has served as Acting Governor since 27 July 2026, following Perry Warjiyo's resignation.
Update: Commission XI held the fit-and-proper test on 26 August 2026, alongside a separate test for Senior Deputy Governor nominee Aida S. Budiman. As of this writing, Commission XI has not yet issued its recommendation, which must still go to a DPR plenary session and presidential inauguration before Destry becomes permanent Governor.
Update: on 27 August 2026, DPR Commission XI approved by musyawarah mufakat (consensus) Destry Damayanti as Governor, Aida S. Budiman as Senior Deputy Governor, and Solikin M. Juhro as Deputy Governor of Bank Indonesia, all for the 2026–2031 term.
The Commission's decision still requires ratification at a DPR plenary session, scheduled for 1 September 2026, after which the President formally appoints and swears in the new leadership.
Final update: the DPR plenary session on 1 September 2026 formally ratified Destry Damayanti as Governor, Aida S. Budiman as Senior Deputy Governor, and Solikin M. Juhro as Deputy Governor, all for the 2026–2031 term.
The three are scheduled to be sworn in at the Supreme Court on 2 September 2026, based on a Presidential Decree (Keppres) issued by President Prabowo Subianto — the last procedural step before Destry formally becomes Governor.
Final update — 2 September 2026: Destry Damayanti, Aida S. Budiman, and Solikin M. Juhro took their oaths of office before Chief Justice Sunarto at the Supreme Court at 14:30 WIB, under Presidential Decree No. 92/P/2026. The new Board of Governors is now in place for the 2026–2031 term, ending the leadership transition that began with Perry Warjiyo's resignation on 25 July.

What this means for your Indonesian entity

The leadership transition at Bank Indonesia is complete: Destry Damayanti — already familiar to markets from her time as acting governor — is now formally Governor for the 2026–2031 term, and the full Board of Governors is in place. Continuity in monetary policy leadership is the practical takeaway: no surprise change in approach is expected, and the next scheduled Board of Governors meeting will be the first held under a permanent governor since July. If you deferred a review of your FX position or intercompany loan exposure pending clarity on BI leadership, there is no reason to wait any further — the underlying compliance and filing obligations for your entity are unaffected either way.

Sources

This page summarises publicly available information for orientation. It is not tax, legal, or accounting advice, and regulations change. Verify against the linked primary sources and contact us before acting on anything here.

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