Darmin Nasution (born December 21, 1948) is an Indonesian economist and the current Indonesian Coordinating Minister for Economic Affairs. He was previously Governor of

Bank of Indonesia Bank Indonesia (BI) is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java ( nl, De Javasche Bank, DJB), which had been created in 1828 to serve the financial needs of the Dutch East Indies. History Bank of Ja ...

, 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 The University of Indonesia ( id, Universitas Indonesia, abbreviated as UI) is a public university in Depok, West Java and Salemba, Jakarta, Indonesia. It is one of the oldest tertiary-level educational institutions in Indonesia (known as the D ...

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.

Early life and education

Nasution was born on December 21, 1948 in Pasar Maga, North Sumatra to a Batak family. He graduated with Bachelor's degree in Economics from the

, in 1976, and received his

Master's A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.

and

Doctorate A doctorate (from Latin ''docere'', "to teach"), doctor's degree (from Latin ''doctor'', "teacher"), or doctoral degree is an academic degree awarded by universities and some other educational institutions, derived from the ancient formalism ''li ...

degrees in the same major from the

University of Paris , image_name = Coat of arms of the University of Paris.svg , image_size = 150px , caption = Coat of Arms , latin_name = Universitas magistrorum et scholarium Parisiensis , motto = ''Hic et ubique terrarum'' (Latin) , mottoeng = Here and a ...

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...

in 1986.

Ministry of Finance

Nasution served as Director General of for 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 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 Bank Indonesia (BI) is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java ( nl, De Javasche Bank, DJB), which had been created in 1828 to serve the financial needs of the Dutch East Indies. History Bank of Ja ...

. He was sworn into office on 27 July 2009. Nasution immediately became acting governor of Bank Indonesia because the previous governor,

Boediono Boediono ( EYD: Budiono, pronounced ; born 25 February 1943) is an Indonesian economist and statesman. He was the 11th vice president of Indonesia, in office from 2009 to 2014. He became vice president after winning the 2009 presidential electi ...

, had resigned several months earlier in May to run for election as Vice President of Indonesia as team mate of President Susilo Bambang Yudhoyono. Nasution was subsequently appointed as Governor of Bank Indonesia on September 1, 2010, after parliamentary hearings to consider his nomination as governor. He was succeeded as governor when

Agus Martowardojo Agus Dermawan Wintarto Martowardojo (born 24 January 1956) is a former Governor of the Indonesian Central Bank. He held the office for a five-year term from 24 May 2013 to 24 May 2018. Previously, he was Finance Minister of Indonesia between 2 ...

was appointed in May 2013.

Coordinating Economics Minister

On August 12, 2015, in a cabinet reshuffle by President Joko Widodo, Nasution was appointed as the Coordinating Minister of Economics, replacing Sofyan Djalil in the post.

References

{{DEFAULTSORT:Nasution, Darmin 1948 births Living people Indonesian Muslims Governors of Bank Indonesia Indonesian businesspeople Indonesian economists Mandailing people People of Batak descent People from Mandailing Natal Regency Working Cabinet (Joko Widodo)