Darmin Nasution

Darmin Nasution
Coordinating Minister of Economics of Indonesia
Assumed office
12 August 2015
President Joko Widodo
Preceded by Sofyan Djalil
Governor of Bank Indonesia
In office
1 September 2010 – 13 May 2013
Preceded by Boediono
Succeeded by Agus Martowardojo
Deputy Governor of Bank Indonesia
In office
27 July 2009 – 1 September 2010
Preceded by Miranda Goeltom
Succeeded by Mirza Adityaswara
Personal details
Born (1948-12-21) December 21, 1948
Tapanuli, North Sumatra, Indonesia
Alma mater Universitas Indonesia
Sorbonne

Darmin Nasution, a Batak, was born in Tapanuli in North Sumatra on 21 December 1948. He graduated from the University of Indonesia (1976) and received his doctorate in economics from the University of Paris, Sorbonne, France, in 1986.

Before later taking up various positions within the Indonesian government, Nasution lectured in economics at the University of Indonesia where he was Deputy Chair of the Lembaga Penyelidikan Ekonomi dan Masyarakat (LPEM, or Institute for Economic and Social Research) from 1987, and Head of the LPEM from 1989.[1]

Ministry of Finance

Nasution served as Director General of for Financial Institutions in the Indonesian Ministry of Finance from 2000-2005. He was subsequently appointed chairman of Indonesia's Capital Market and Financial Institution Supervisory Agency in 2006[2] and was later transferred to the post of Director General of Taxation in the Ministry of Finance.

Bank Indonesia

In July 2009 Nasution was appointed senior deputy governor of Bank Indonesia.[3] He was sworn into office on 27 July 2009.[4] Nasution immediately became acting governor of Bank Indonesia because the previous governor, Boediono, had resigned several months earlier in May to run for election as Vice President of Indonesia as team mate of President Susilo Bambang Yudhoyono.[5]

Nasution was subsequently appointed as governor of Bank Indonesia on September 1, 2010,[6] after parliamentary hearings to consider his nomination as governor.[7] He was succeeded as governor when Agus Martowardojo was appointed in May 2013.

Coordinating Economics Minister

On August 12, 2015, in a cabinet reshuffle by President Widodo, Nasution was appointed as the Coordinating Economics Minister replacing Sofyan Djalil in the post.[8]

References

  1. ↑ LPEM Home Page
  2. ↑ 'Darmin Nasution new Bapepam chief', The Jakarta Post, 30 March 2005.
  3. ↑ Presidential Decree No.57/P 2009, dated 17 July 2009.
  4. ↑ 'Darmin acting governor of BI', The Jakarta Post, 28 July 2009.
  5. ↑ In relation to the promulgation of Presidential Decree No. 38/P, 2009, on 19 May 2009 regarding the resignation of Boediono as governor of Bank Indonesia, as well as legislated by Act No. 23, 1999, concerning Bank Indonesia and amended by Act No. 6, 2009, the senior deputy governor, Darmin Nasution, took on the position of acting governor.
  6. ↑ In accordance with Presidential Decree No.95 / P of 2010 dated August 21, 2010.
  7. ↑ 'Darmin finally named BI governor', The Jakarta Post, 23 July 2010.
  8. ↑ "Indonesia’s President Widodo reshuffles cabinet to boost slowing economy". Agence France-Presse. 12 August 2015.
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