AGUS MARTOWARDOJO NOMINATED AS INDONESIA’S CENTRAL BANK CHIEF

JAKARTA - President Susilo Yudhoyono is to nominate Agus Martowardojo, the current Minister of Finance, as Bank Indonesia’s next Governor, replacing Darmin Nasution, whose term expires in May. The nomination is subject to Parliamentary approval (Agus was turned down by Parliament for the post once before, in 2008), and raises questions about his replacement at the Ministry of Finance.