Finance Minister Sri Mulyani Indrawati was appointed Managing Director of World Bank Group, said the World Bank said in a statement on Tuesday. But he said he was still awaiting approval from President Susilo Bambang Yudhoyono to occupy that position.

World Bank President Robert Zoellick said Sri Mulyani Indrawati, a leading finance ministers and said she would play an important role in helping to lead the bank's move to strengthen its client support and implement reforms.

Sri Mulyani appointed as finance minister of Indonesia since 2005, directing the economic policy of one of the largest country in Southeast Asia. In his new role, Sri Mulyani will supervise or oversee the three areas namely the World Bank Latin America and the Caribbean, Middle East and North Africa, and East Asia and the Pacific, the statement said.

Sri Mulyani will be joining the World Bank on June 1, and will replace Juan Jose Daboub who completed his four-year period as Executive Director on June 30, the bank said, as reported by Reuters.

He confirmed the news and still have to wait for approval and permission from the President. "The news was true and now I will still of course depend on the approval and permission of Mr. President," he said to the press after a seminar in Jakarta, today

1 Comment

  1. Ayu Said,

    She is really smart one, no wonder World Bank as her to occupy the Executive Director position but would it better if she finish the problems here first before go. Interesting article..success and have a good day

    Posted on May 12, 2010 at 10:33 AM