Dr. Mulya Siregar
Dr. Mulya E. Siregar, was born in Jakarta on March 14th ,1957. After completion of his high school in 1976, he continued his study at the School of Agricultural Economics, Bogor Institute of Agriculture (IPB) and finished it in 1980. He then enrolled in Wijawiyata Manajemen (Management Training) at the LPPM Jakarta for approximately 1 year before being promoted as an Assistant Manager in PIR III Rimbo Bujang Project, Jambi in 1981. In 1983, he joined Bank Indonesia (BI) by pursuing officer training program for newly recruited staff (PCPM) of Bank Indonesia. He officially started working for Bank Indonesia (BI) at the General Credit Directorate in 1984.
Dr. Siregar went to USA in 1987 for master degree program and earned his MSc in Agricultural Economics in 1989 from Ohio State University, USA. From 1989-1992, he had pursued his career at BI Branch Office (KBI) Manado as Head of Economy & Statistics Unit. In 1992, he returned to the USA for his postgraduate studies and obtained MSc and PhD in Consumer Economics in 1998. Based on National Act #10/1998, in 1999 BI initiated Research & Development Team for Shariah Banking, which was then extended to be the Directorate of Shariah Banking. He was appointed as a Senior Researcher in the team, and then promoted to be the Team Leader in 2002.
In late 2006, he was appointed to lead the Bureau of Islamic Banking Research, Development, and Regulation, BI. Then, in June 2010 he became a Director of Islamic Banking Directorate, BI. Since 2012, he became the Executive Director of Banking Research and Regulation Department. Furthermore, based on Board of Governor Decree on December 21st, 2012, he has been promoted to be Assistant Governor since May 1st, 2013. In addition to his career in BI, he has some experiences of being speaker in many national and international seminars in Islamic Finance, e.g., The 5th Harvard University Forum on Islamic Finance in Boston-USA (2002), Islamic and Finance Conference in Cape Town-South Africa (2003), the Islamic Finance and Banking Asia Conference in Singapore (2005), the 4th Islamic Funds in Dubai-UAE (2006), Islamic Finance Asia Conference in Singapore (2007), the Financial Regulators Forum in Islamic Finance in KL-Malaysia (2007), the 5th Asia Pacific Banking Conference in Hanoi-Vietnam (June, 2009), the International Seminar on Islamic Finance: Investment Opportunity in Indonesia through Islamic Finance in New York-USA (July, 2009), and International Islamic Finance Forum in London (November, 2009).
Furthermore, he is also member of Advisory Council to Indonesian Waqf Board (BWI) from 2008 to 2010 and member of Postgraduate Board of Studies in International Center for Education in Islamic Finance (INCEIF) KL-Malaysia from 2006 to 2009. He has also been active in the Islamic Financial Services Board (IFSB) which headquarter is in KL-Malaysia. IFSB is an international institution that has responsibility to issue prudential regulation for shariah financial institutions. In 2005, IFSB Council Meeting appointed him as part of Technical Committee representing Indonesia, while in the same year he started serving as Chairman of Transparency & Market Discipline Working Group. In late 2006, the Council Meeting appointed him to serve as a Vice Chairman of Technical Committee until March 2009. In 2010, he becomes a member of Technical Committee for the second time until 2012.
Since 2012 he has been actively in many international organizations that related to financial system stability such as a co-chair of Asean Banking Integration Framework, alternate Member of Basel Committee on Banking Supervision (BCBS), alternate Member of Regional Consultative Group for Asia and alternate Member of Executive Meeting of East Asia Pacific Central Bank (EMEAP).
Since December 31st, 2013 he has been assigned by Bank Indonesia as a Deputy Commissioner in Indonesia Financial Service Aurhority (IFSA) or known as Otoritas Jasa Keuangan (OJK). He supervises three departments which are Banking Research and Regulation Department (DPNP), Syariah Banking Department (DPbS) and Banking Information and Licensing Department (DPIP). Before he retired from OJK, he was appointed by President to be Head of Selection Committee of Badan Pengelola Keuangan Haji (BPKH) or Hajj Fund Management. He retired from OJK on April 1st 2017. Since April 10th, 2017 he became the Chief Commissioner of Bank Syariah Mandiri which is the biggest Islamic Bank in Indonesia. Finally, in the beginning of June 2019, he was appointed by PPI Foundation to be Director of Lembaga Pengembangan Perbankan Indonesia (LPPI) or Indonesian Banking Development Institute.
