Jakarta, Jan. 20 -- Finance Minister Purbaya Yudhi Sadewa on Tuesday dismissed concerns that the nomination of Deputy Finance Minister Thomas Djiwandono as a deputy governor of Bank Indonesia (BI) could undermine the central bank's independence, saying decisions at BI are taken collectively, not by individuals.

Purbaya said BI operates through consensus among its leadership, limiting the influence of any single official.

"BI does not have one deputy governor, it has seven. No one can dictate outcomes alone; they deliberate," he told reporters.

He said Djiwandono is expected to relinquish his political party position and become independent before undergoing a parliamentary fit-and-proper test.

Djiwandono is a nephew of President Prabow...