Jakarta (ANTARA News) - Bank Indonesia (BI) Governor Darmin Nasution said the central bank is in the process of preparing nominees for its deputy governors to replace their two predecessors whose term of office will expire in January 2012.
"Muliaman D Hadad and the late Budi Rochadi will end their term of office in January 2012. Before their term of office expires, we will propose nominees for the deputy governors to the President," he said here on Wednesday.
Although the late Budi Rochadi`s post had been vacant since July 2011, the central bank preferred to find his successor when his term of office ended in January 2012, he said.
"If we find his successor now he/she will end his/her term of office in January 2012 in accordance with the law on Bank Indonesia," he said.
He said Bank Indonesia had set up a team of insiders and outsiders to select nominees for the post of deputy governors.
"The team will select a number of names and I will choose three of them to be proposed to the President. The President will later pick at least two of them to undergo a fit and proper test at the House of Representatives (DPR)," he said.
He said there was no regulation stating that the nominees must be insiders.
"There is no regulation stating that nominees for the deputy governors must be Bank Indonesia officials. What is important is that they must be credible and have capacity," he said.
In fact, the President could nominate non-Bank Indonesia official for the post because the highest authority in the nomination of individuals for the post rested with the President, he said. (*)
"Muliaman D Hadad and the late Budi Rochadi will end their term of office in January 2012. Before their term of office expires, we will propose nominees for the deputy governors to the President," he said here on Wednesday.
Although the late Budi Rochadi`s post had been vacant since July 2011, the central bank preferred to find his successor when his term of office ended in January 2012, he said.
"If we find his successor now he/she will end his/her term of office in January 2012 in accordance with the law on Bank Indonesia," he said.
He said Bank Indonesia had set up a team of insiders and outsiders to select nominees for the post of deputy governors.
"The team will select a number of names and I will choose three of them to be proposed to the President. The President will later pick at least two of them to undergo a fit and proper test at the House of Representatives (DPR)," he said.
He said there was no regulation stating that the nominees must be insiders.
"There is no regulation stating that nominees for the deputy governors must be Bank Indonesia officials. What is important is that they must be credible and have capacity," he said.
In fact, the President could nominate non-Bank Indonesia official for the post because the highest authority in the nomination of individuals for the post rested with the President, he said. (*)
