
World Bank MD turned Indonesian finance minister.
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Sri Mulyani Indrawati was appointed as one of three Managing Directors of the World Bank Group. She oversaw operations in 78 countries, managing a portfolio of over $40 billion, marking a significant international role for an Indonesian economist.
Sri Mulyani resigned as Finance Minister following political pressure related to the Bank Century bailout scandal. Her resignation was widely seen as a concession to political opponents, though she maintained her integrity and later joined the World Bank.
Sri Mulyani oversaw Indonesia's tax amnesty program, which allowed taxpayers to declare unreported assets with reduced penalties. The program generated over $11 billion in additional tax revenue and expanded the tax base, though it faced criticism for leniency.
Sri Mulyani returned to Indonesia to serve as Finance Minister under President Joko Widodo. Her reappointment was seen as a move to restore investor confidence and strengthen fiscal discipline after a period of economic uncertainty.
Sri Mulyani received Indonesia's highest civilian honor, the Bintang Mahaputera Adipradana, from President Joko Widodo. The award recognized her contributions to the nation's economic development and public service.
See how Sri Mulyani Indrawati stacks up against other historical figures