Agus Martowardojo

Agus Martowardojo
Agus Martowardojo
	Chatib Basri
Personal details
Born	Agus Dermawan Wintarto Martowardojo; 24 January 1956 (age 68); Banker Bureaucrat;

Agus Dermawan Wintarto Martowardojo

Sri Mulyani Indrawati, who resigned from the office and took position as Managing Director of the World Bank Group

.

Early career

Agus was born in

bankers in Indonesia. He was the Chief Executive Officer of Bank Mandiri, the largest bank in Indonesia, between 2005 and 2010. He was the President Director of Bank Bumiputera (1995–1998) and President Director of Bank Ekspor Impor Indonesia (1998–1999).^[3]

His performance as head of Bank Mandiri was considered successful, as he slashed

Soeharto.^[5]

Minister of Finance

Following the resignation of Sri Mulyani, Agus was appointed as Finance Minister in the Second United Indonesia Cabinet.^[2]^[6]^[7] His selection was greeted positively by analysts as he was considered to have managerial skills required for the position. He also has wide international experience and has represented Indonesia in G20 forums.^[8]

In March 2011 he announced his first fiscal policy as Finance Minister with a focus on promoting real sector growth and investment intended to spur Indonesia’s economic growth. Highlights of the new regulations included removing the

value added tax (VAT) for the sale of houses worth less than Rp 70 million (US$7,910) compared with the previous Rp 55 million; eliminating taxes on the sales of cooking oil and bulk cooking oil for the poor; and providing in advance 50 percent of the funds needed by the State Logistics Agency (Bulog) for the rice for the poor program.^[9]

Governor of Bank Indonesia

In 2008, following resignation of

Legislature, apparently for political reasons.^[6]

On 22 February 2013, President Susilo Bambang Yudhoyono surprisingly named Agus as his sole candidate for the governorship, replacing

Indonesian House of Representatives'

Finance Commission confirmed Agus as governor of Bank Indonesia for the period of 2013–2018. Agus won 46 votes of support and seven votes against. One member abstained from the vote.

Notes

^ Consistent with Javanese custom, he is usually referred with by his first name, Agus.

References

^ "OPEN HOUSE MENKEU: Tahun Ini Di Jakarta, Keluarga Di Belanda Lebaran Di Indonesia", Kabar24, 19 August 2012, retrieved 31 March 2019
^ ^a ^b ^c "Agus Martowardojo: Dedicated to work". The Jakarta Post. May 24, 2010. Retrieved February 22, 2011.
^ "Martowardojo, Agus : Brief Biography". Reuters.
^ "Mandiri to pay out $418m in dividends". The Jakarta Post. May 30, 2008.
^ Suharmoko, Aditya (August 29, 2008). "Govt recovers Tommy's money". The Jakarta Post. Archived from the original on August 19, 2009.
^ ^a ^b "PROFILE-Indonesia's Finance Minister Agus Martowardojo". Reuters. February 23, 2011. Retrieved February 22, 2011.
^ "President names Agus Martowardojo new finance minister". The Jakarta Post. May 24, 2010. Archived from the original on March 5, 2011. Retrieved February 22, 2011.
^ "Agus has the managerial skill as finance minister, analysts say". The Jakarta Post. May 19, 2010. Archived from the original on October 7, 2011. Retrieved February 22, 2011.
^ "Govt unveils new fiscal policies". The Jakarta Post. March 1, 2011. Retrieved March 12, 2011.
^ Suharmoko, Aditya (February 18, 2008). "SBY's pick of BI gov candidates seen as surprising but positive". The Jakarta Post.

Government offices
Preceded by Darmin Nasution	Governor of Bank Indonesia 2013–2018	Succeeded by Perry Warjiyo
Political offices
Preceded by Sri Mulyani	Minister of Finance 2010–2013	Succeeded by Chatib Basri

[2] Consistent with Javanese custom, he is usually referred with by his first name, Agus.

[Open_House-1] "OPEN HOUSE MENKEU: Tahun Ini Di Jakarta, Keluarga Di Belanda Lebaran Di Indonesia", Kabar24, 19 August 2012, retrieved 31 March 2019

[jakpost-3] "Agus Martowardojo: Dedicated to work". The Jakarta Post. May 24, 2010. Retrieved February 22, 2011.

[4] "Martowardojo, Agus : Brief Biography". Reuters.

[5] "Mandiri to pay out $418m in dividends". The Jakarta Post. May 30, 2008.

[6] Suharmoko, Aditya (August 29, 2008). "Govt recovers Tommy's money". The Jakarta Post. Archived from the original on August 19, 2009.

[reuters-7] "PROFILE-Indonesia's Finance Minister Agus Martowardojo". Reuters. February 23, 2011. Retrieved February 22, 2011.

[8] "President names Agus Martowardojo new finance minister". The Jakarta Post. May 24, 2010. Archived from the original on March 5, 2011. Retrieved February 22, 2011.

[9] "Agus has the managerial skill as finance minister, analysts say". The Jakarta Post. May 19, 2010. Archived from the original on October 7, 2011. Retrieved February 22, 2011.

[10] "Govt unveils new fiscal policies". The Jakarta Post. March 1, 2011. Retrieved March 12, 2011.

[11] Suharmoko, Aditya (February 18, 2008). "SBY's pick of BI gov candidates seen as surprising but positive". The Jakarta Post.

[3]

[5]

[2]

[6]

[7]

[8]

[9]

v t e Ministers of finance of Indonesia
Ministry of Finance
Samsi Sastrawidagda Alexander Andries Maramis Sunarjo Kolopaking Surachman Tjokroadisurjo Sjafruddin Prawiranegara Alexander Andries Maramis Lukman Hakim Sjafruddin Prawiranegara Lukman Hakim Sjafruddin Prawiranegara Jusuf Wibisono Sumitro Djojohadikusumo Ong Eng Die Sumitro Djojohadikusumo Jusuf Wibisono Sutikno Slamet Djoeanda Kartawidjaja Notohamiprodjo Sumarno Frans Seda Ali Wardhana Radius Prawiro J. B. Sumarlin Mar'ie Muhammad Fuad Bawazier Bambang Subianto Bambang Sudibyo Prijadi Praptosuhardjo Rizal Ramli Boediono Jusuf Anwar Sri Mulyani Agus Martowardojo Hatta Rajasa Muhamad Chatib Basri Bambang Brodjonegoro Sri Mulyani
Italic: Acting Category

v t e Governors of Bank Indonesia
Bank Indonesia
Sjafruddin Prawiranegara (1953–1958) Lukman Hakim (1958–1959) Soetikno Slamet (1959–1960) Soemarno (1960–1963) Jusuf Muda Dalam (1963–1966) Radius Prawiro (1966–1973) Rachmat Saleh (1973–1983) Arifin Siregar (1983–1988) Adrianus Mooy (1988–1993) J. Soedradjad Djiwandono (1993–1998) Syahril Sabirin (1998–2003) Burhanuddin Abdullah (2003–2008) Boediono (2008–2009) Miranda Goeltom (2009–2010) Darmin Nasution (2010–2013) Agus Martowardojo (2013–2018) Perry Warjiyo (2018–present)
Italic: Acting