17 Facts About Bambang Subianto

Bambang Subianto was an Indonesian academic and technocrat who served as Minister of Finance from 1998 to 1999.

Bambang Subianto was born on 10 January 1945 in Madiun during the Japanese occupation of the Dutch East Indies.

Five years later, Bambang Subianto went to KU Leuven in Belgium for his postgraduate studies in business administration and doctorate in economics.

Bambang Subianto obtained his postgraduate and doctoral degrees in 1981 and 1984, respectively.

Two years after graduating from ITB, Bambang Subianto started his career in the Faculty of Economics of the University of Indonesia as a researcher and lecturer.

Bambang Subianto continued his stint in the university upon returning to Indonesia.

Bambang Subianto became the chairman of the management institute of the faculty in 1988 after becoming the deputy chairman for about a year.

Bambang Subianto left the university and joined the Department of Finance in 1988; he was appointed as the director for financial institutions and accounting.

Bambang Subianto was appointed as its first chair in January 1998.

Two months later, in March 1998, Bambang Subianto was dismissed from IBRA and the control of IBRA was transferred from the Department of Finance to Bank Indonesia.

Bambang Subianto was fired from his job as director general in March 1998 by minister of finance Fuad Bawazier.

Bambang Subianto subsequently returned to UI to resume his old job.

Bambang Subianto was installed as minister along with other members of the cabinet a day later.

Bambang Subianto distrusted economists from UI, who were mostly subordinates of Widjojo Nitisastro, the economics minister of the previous Suharto regime.

Bambang Subianto was eventually dismissed as financial minister after Habibie's demise and was replaced by Bambang Subianto Sudibyo.

Bambang Subianto was nominated as the president director of the state oil company Pertamina in January 2000.

Bambang Subianto died in Jakarta on 4 November 2022, at age 77.