Bank Indonesia Deputy Governor Juda Agung Resigns

Sudden Departure Shakes Central Bank Leadership

In a significant development for Indonesia's financial sector, Deputy Governor of Bank Indonesia, Juda Agung, has resigned from his position, according to State Secretary Prasetyo Hadi. The announcement was made during a press interaction at the Presidential Palace Complex in Jakarta on January 19, 2026. Prasetyo confirmed that the resignation was formalized through a letter submitted by Juda Agung himself.

Potential Successors and Market Implications

The resignation has sparked speculation about potential successors, with Deputy Finance Minister Thomas Djiwandono being mentioned as a possible candidate to fill the vacant position. While the State Secretary did not directly comment on the succession process, the mention of Thomas Djiwandono's name has added to market speculation. This change in leadership at Indonesia's central bank could have significant implications for the country's monetary policy and may influence the banking sector's stability and regulatory environment.

Impact on Monetary Policy and Banking Sector

Juda Agung's departure comes at a time when Bank Indonesia is navigating complex economic challenges, including inflation management and currency stabilization. As a key figure in the central bank's monetary policy committee, his resignation may create short-term uncertainty in financial markets. The situation will be closely monitored by investors and financial analysts as it develops.