H.E. Dr. Sri Mulyani Indrawati
Minister of Finance of the Republic of Indonesia
Born in Bandar Lampung on August 26, 1962, Sri Mulyani earned her bachelor degree in Economics major from the Universitas Indonesia (1986). Then she continued her study in the University of Illinois Urbana Champaign, United States and earned Master of Science of Policy Economics (1990). In 1992, she earned Ph.D of Economics.
This specialist of Monetary Economy and Banking as well as Labor Economics research was chosen to be the Executive Director of International Monetary Fund (IMF) representing 12 countries in the South East Asia (SEA Group) at the beginning of October 2002. Starting from November 1, 2002, she represented 12 member countries of SEA Group at International Monetary Funds.
On December 5, 2005, she was appointed to serve as the Minister of Finance. During her time in the office, Sri Mulyani Indrawati has made many achievements, such as stabilizing macroeconomy, maintaining prudent fiscal policy, decreasing cost of loan and managing debt as well as creating trust to investors.
Ministry of Finance’s reform was led by her very well. It created many fundamental changes in the Ministry of Finance. On September 18, 2006, Sri Mulyani was crowned as the best Minister of Finance in Asia by the Emerging Markets in the sidelines of World Bank and IMF’s Annual Session in Singapore.
She was also elected as the 23rd world’s most influencing woman from Forbes magazine in 2008 and the 2nd most influencing woman in Indonesia from Globe Asia magazine in October 2007. Sri Mulyani was also awarded as the best Minister of Finance for 2006 from the Euromoney and the best Minister of Finance in Asia by the Emerging Market Forum in the same year.
In 2008, she served as the Acting Coordinating Minister for Economic Affairs after the Coordinating Minister for Economic Affairs Dr. Boediono was inaugurated as the Governor of Bank Indonesia. Then she was appointed as the Executive Director of World Bank starting from June 1, 2010.
On July 27th, 2016, President Joko Widodo inaugurated Sri Mulyani Indrawati as the Minister of Finance in his Working Cabinet. Sri Mulyani was officially appointed as the World Bank’s Development Commitee (DC) Chair for the periode of 2016-2018 and has started to lead the DC meeting since Annual Meeting 2016.