Budi Rochadi, one of the six Bank Indonesia deputy governors, passed away in New York on Sunday.
Rochadi, who turned 60 in March, was in the US on a business trip. He was responsible for the country's banking payments system.
Rochadi joined the central bank in 1975 as head of office in the northern coastal city, Semarang. During his career at Bank Indonesia, he also headed the Medan branch and the central bank's representative office in Tokyo, Japan. After becoming senior director of bank superv
- Canada’s Project Jasper to explore clearing of securities in third phase
- Treasury committee to investigate BoE’s lack of diversity
- Bank of Portugal sells majority share in ‘good bank’
- Fed’s Powell: banks still have important role in payments
- Xi sees renminbi taking greater role in global monetary system