Wimboh Santoso

Chairman

Financial Services Authority

Presentation

Wimboh Santoso took the first step of his career by taking a job as banking supervisor at Bank Indonesia, following the completion of his undergraduate study at the State University of Surakarta in 1983. He pursued a further study at University of Illinois and gained a Master’s degree in Business Administration in 1993. His thirst for knowledge led him to enroll to Loughborough University, from which he took home a PhD in Banking and Finance in 1999. Wimboh, who was born on March 15, 1957, in Boyolali, Central Java, continued dedicating his expertise to Indonesia’s banking industry by serving as Director of Banking Research and Regulation at Bank Indonesia from 2010 to 2012. Later, he was appointed as Head of Bank Indonesia Representative of New York, before joining the International Monetary Fund to take an executive director’s seat there. Since 2015, Wimboh has been the President Commissioner at PT Bank Mandiri (Persero) Tbk, and in 2016, he also became Indonesian Banking Development Institute Director. The senior banker was part of Bank Indonesia delegation for a G20 meeting in 2010, and in the same year he also represented the Central Bank at the Financial Stability Board and the Basel Committee on Banking Supervision. Then in 2014, he co-chaired the Asean Banking Integration Framework. The prominent bureaucrat attained a number of certificates from the Banking Professional Certification Institute (LSPP) for a range of topics, from Risk Management Competency Levels 1 and 2, Facing Global Challenges for Better Economic Growth (2017), to Managing Compliance Risk while Controlling Cost. Wimboh has been teaching at leading universities in Indonesia, for both undergraduate and postgraduate programs and on top of that, he has produced considerable achievements and distinguished writings. Titles of his works include Effective Financial System Stability Framework (2007), the Impact of Global Liquidity on Financial Landscapes and Risk in the ASEAN-5 Countries (2007), Risk Profile of Households and the Impact on Financial Stability (2009), and many others.