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Prabowo's Nephew Appointed Deputy Governor Amid Concerns

1/29/2026

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Summary

Story summary

Thomas Djiwandono, nephew of President Prabowo Subianto, was appointed deputy governor of Bank Indonesia to serve until 2031.
The House of Representatives approved the appointment unanimously.
Analysts say the appointment could raise government influence over Bank Indonesia and potentially trigger capital outflows that affect the rupiah.
Some analysts say the bank's decision-making structure should limit any one appointee's influence.

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Story summary

Thomas Djiwandono, nephew of President Prabowo Subianto, was appointed deputy governor of Bank Indonesia to serve until 2031.
The House of Representatives approved the appointment unanimously.
Analysts say the appointment could raise government influence over Bank Indonesia and potentially trigger capital outflows that affect the rupiah.
Some analysts say the bank's decision-making structure should limit any one appointee's influence.