Thomas Djiwandono

Thomas Djiwandono is the nephew of Indonesian President Prabowo Subianto. He is newsworthy due to his recent nomination to the board of governors of Bank Indonesia (BI), the country's central bank. This nomination has sparked debate and concern regarding the independence of BI, particularly from foreign investors and currency markets. The appointment comes at a time when Indonesia is facing economic challenges, including a recent market crash and a weakening rupiah. Investors are wary that Djiwandono's presence on the board could lead to increased government influence on monetary policy, potentially compromising BI's autonomy and its ability to maintain financial stability. This is especially relevant as Prabowo's government aims for ambitious economic growth targets, which may require significant financing.