Indonesia central bank governor Perry Warjiyo resigns

The governor of Indonesia's central bank, Perry Warjiyo, resigned on Monday, July 27, 2026, a surprise move that has raised immediate concerns about the institution's independence under President Prabowo Subianto. State Secretariat Minister Prasetyo Hadi announced the resignation, stating Warjiyo stepped down for personal reasons. Senior Deputy Governor Destry Damayanti was appointed as interim governor.

Warjiyo, who was first appointed in 2018 and began a second five-year term in 2023, was widely regarded as a steady hand with decades of experience. His unexpected departure, which came less than two months after parliament passed a law expanding government oversight of the central bank, is seen by analysts as a potential blow to investor confidence. The resignation follows the earlier departure of former Finance Minister Sri Mulyani Indrawati, meaning Indonesia has now lost its two most prominent economic stewards known to international markets.

The move occurs amid a series of actions by the Prabowo administration that have heightened fears of political influence over monetary policy. In January, the president appointed his nephew, Thomas Djiwandono, as a deputy governor of...