2024 APIC WORLD PENSION, SOCIAL SECURITY & SOVEREIGN WEALTH FUNDS SUMMIT

His Excellency Dr. Suahasil NAZARA

Vice Minister of Finance
Indonesia

Born in Jakarta on November 23, 1970, Suahasil Nazara earned his bachelor degree majoring in Economics from Universitas Indonesia in 1994, and his Master’s of Science from Cornell University USA in 1997. In 2003, he gained his Doctor of Philosophy (PhD.) degree from the University of Illinois at Urbana-Champaign, IL, USA.

Suahasil Nazara started his public service as a lecturer at the Faculty of Economics and Business, Universitas Indonesia, since 1999. In 2009, he got his full professorship in Economics. Within the Universitas Indonesia, he served different positions such as the Director of Graduate Program in Economics (2004-2005), the Director of Demographic Institute (2005-2008), and Chair of Economics Department (2009-2013).

Outside the Universitas Indonesia, Suahasil once served a member of Fiscal Decentralization Expert Team for Minister of Finance (2009-2011). Besides, he was also the Vice Chairman of Regional Autonomy Supervisory Committee since 2009. Other functions he served include the Policy Group Coordinator of Secretariat of Poverty Reduction Acceleration National Team, Vice President Office (2010-2015); and the member of Presidential National Economic Committee (2013-2014).

Commencing on February 6, 2015, he serves as the Acting Head of Fiscal Policy Agency; and on Oktober 31, 2016 was inaugurated as the Chairman of the Fiscal Policy Agency, at the Ministry of Finance. On October 25, 2019, he was appointed as the Vice Minister of Finance by the President of the Republic of Indonesia Joko Widodo. 

Suahasil was reappointed as Vice Minister of the Ministry of Finance under the Merah Putih Cabinet in President Prabowo Subianto and Vice President Gibran Rakabuming Raka, and inaugurated on October 21, 2024 by President Prabowo Subianto.