New governor proposed for Bank Indonesia

Boediono, Indonesia's chief economics minister, has been nominated for the top job at the country's central bank.

A former deputy governor at the central bank, Boediono would be a popular choice within the institution to replace Burnahuddin Abdullah, who departs in May, an insider told Central Bank News.

Last month parliament rejected two candidates: Agus Martowardojo, a director of Indonesia's biggest lender Bank Mandiri BMRI.JK, and Raden Pardede, a director of PT Perusahaan Pengelola Aset

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