Indonesia sets up bank supervision board

The Lower House of Indonesia's Parliament Commission XI has set up a five-member supervisory board for the central bank which will be chaired by a former banker and banking legal expert Sutan Remy Sjahdenini, Bisnis Indonesia reported.

The report identified the board members as Marzuki, Romli Atmasasmita, Widigdo Sukarman and Anny Ratnawati.

Under the amended central bank law, the supervisory board will help the Commission in overseeing the central bank.

The board will report to the Commission a