Asian Women Leaders: Sri Mulyani Indrawati

Indonesian President Joko Widodo recently reappointed Sri Mulyani Indrawati as finance minister in his new cabinet. This is both a big endorsement for Indrawati and a recognition of her popularity and the job she has been doing.

Sri Mulyani Indrawati is an Indonesian economist who had been minister of finance of Indonesia since 2016. She also served in that same post from 2005 to 2010. In June 2010 she was appointed as Managing Director of the World Bank Group and resigned as Minister of Finance only to leave that position on July 27, 2016 to return to the Widodo cabinet.

Sri Mulyani Indrawati is seen by financial markets as being tough, professional and honest.

As finance minister from 2005 to 2010, she was known as a tough reformist and was largely credited with strengthening Indonesia’s economy, increasing investments and steering Southeast Asia’s largest economy through the 2007–10 financial crisis. In 2014, she was ranked as the 38th most powerful woman in the world by Forbes magazine. So she is a politician which brings talent and skills to her job.

Indrawati says her goals over the next few years are to focus on improving human resources, creating jobs and executing government budgets.

“Indonesia I think is facing a very dynamic and uncertain global economy and an economic slowdown that is pressuring the whole world,” she said.

Her strategy is to retain the same policies she’s previously used and to work on Indonesia’s trade deficits.

Sri Mulyani Indrawati is a powerful role model for young Indonesian women, in fact for all women across ASEAN. She steers the largest economy on Southeast Asia, has demonstrated her ability to lead in the world’s most populous muslim country and is a strong defender of clean government. She’s a great example of Asia’s new breed of women leaders.