Aida S. Budiman Appointed Bank Indonesia Senior Deputy Governor (2026-2031)

The Selection Process and Timeline at DPR RI Commission XI

The legislative evaluation concluded on Wednesday, August 26, 2026, when Commission XI conducted a fit and proper test for the central bank nominees. According to Commission XI Chairman Mukhamad Misbakhun, lawmakers reached their decision through a unified agreement among committee members.

Following this evaluation, the nomination heads toward final parliamentary ratification.

“We selected them through consensus, and we will schedule their appointment at the DPR RI plenary meeting on September 1, 2026,” Mukhamad Misbakhun stated

This parliamentary review stems from a broader leadership slate submitted by President Prabowo Subianto. Juhro alongside M. DPR leadership subsequently assigned Commission XI to vet all four candidates before scheduling the upcoming plenary vote.

Academic Background and Career Trajectory at Bank Indonesia

Aida’s path to the central bank spans more than thirty years of institutional service, underpinned by rigorous academic training in agricultural economics and monetary policy. Born in Bogor in 1965, she initially completed her undergraduate studies at Bogor Agricultural University, earning a bachelor’s degree in Agricultural Socio-Economics and Agribusiness in 1987, as noted on Bank Indonesia’s official website. She later pursued advanced degrees in the United States, obtaining a Master of Economics from the University of Southern California in 1996 and a PhD in Economics from Claremont Graduate University in 2001.

Throughout her tenure at Bank Indonesia, Aida has concentrated heavily on monetary policy frameworks, economic analysis, and international engagements. Before stepping into her current executive role, she directed major divisions within the institution. She led the International Department from 2014 to 2018 before taking charge as the Executive Director of the Department of Economic and Monetary Policy in 2018.

Her responsibilities expanded further when she served as Assistant Governor between 2020 and 2022. In that capacity, she managed strategic monetary sector policies, coordinated the core Bank Indonesia policy mix, and aligned institutional objectives with broader national economic strategies. Her ascension to the Board of Governors arrived via Presidential Decree No. 147/P of 2021, issued on December 24, 2021. After taking her oath of office on January 6, 2022, she assumed a Deputy Governor seat scheduled to run until 2027.

Institutional Continuity and the 2026–2031 Leadership Mandate

Approval by the upcoming September 1 plenary session will allow Aida to transition smoothly from her current tenure into the new 2026–2031 term. Her extensive background inside the central bank positions her to maintain steady monetary management alongside the wider leadership team proposed by the executive branch. By combining decades of internal departmental experience with advanced academic credentials in economic policy, her continued presence at Bank Indonesia ensures institutional continuity as the central bank addresses ongoing domestic and international financial challenges.