Darmin Nasution (born 21 December 1948) is an Indonesian economist and politician who served as Coordinating Minister for Economic Affairs from 2015 to 2019. He was previously Governor of Bank Indonesia, serving the role from 2010 to 2013 during Susilo Bambang Yudhoyono's administration.
Before taking up various positions within the Indonesian government, Nasution was a faculty member at the University of Indonesia School of Economics, where he was Deputy Chair of the Lembaga Penyelidikan Ekonomi dan Masyarakat (LPEM, or Institute for Economic and Social Research) from 1987, and Head of the LPEM from 1989.LPEM Home Page
Early life and education Nasution was born on 21 December 1948 in Pasar Maga, North Sumatra to a Batak family. He graduated with a Bachelor's degree in Economics from the University of Indonesia, in 1976, and received his Master's and Doctorate degrees in the same major from the University of Paris, France in 1986.
Ministry of Finance Nasution served as Director General of Financial Institutions in the Indonesian Ministry of Finance from 2000–2005. He was subsequently appointed chairman of Indonesia's Capital Market and Financial Institution Supervisory Agency in 2006'Darmin Nasution new Bapepam chief' , The Jakarta Post, 30 March 2005. and was later transferred to the post of Director General of Taxation in the Ministry of Finance.
Bank Indonesia In July 2009 Nasution was appointed Senior Deputy Governor of Bank Indonesia.Presidential Decree No.57/P 2009, dated 17 July 2009. He was sworn into office on 27 July 2009.'Darmin acting governor of BI', The Jakarta Post, 28 July 2009. Nasution immediately became acting governor of Bank Indonesia because the previous governor, Boediono, had resigned several months earlier in May to run for election as Vice President of Indonesia as a teammate of President Susilo Bambang Yudhoyono.In relation to the promulgation of Presidential Decree No. 38/P, 2009, on 19 May 2009 regarding the resignation of Boediono as governor of Bank Indonesia, as well as legislated by Act No. 23, 1999, concerning Bank Indonesia and amended by Act No. 6, 2009, the senior deputy governor, Darmin Nasution, took on the position of acting governor.
Nasution was subsequently appointed Governor of Bank Indonesia on 1 September 2010,In accordance with Presidential Decree No.95 / P of 2010 dated 21 August 2010. after parliamentary hearings to consider his nomination as governor.'Darmin finally named BI governor', The Jakarta Post, 23 July 2010. He was succeeded as governor when Agus Martowardojo was appointed in May 2013.
Coordinating Economics Minister On 12 August 2015, in a cabinet reshuffle by President Joko Widodo, Nasution was appointed the Coordinating Minister of Economics, replacing Sofyan Djalil in the post.
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