Perry Warjiyo has resigned as Governor of Bank Indonesia, marking a significant leadership change for the Southeast Asian economy's central bank.

Indonesia's State Secretariat Minister Prasetyo Hadi confirmed the departure on Monday, stating that President Prabowo Subianto has formally accepted the resignation.

The news arrives against a backdrop of recent market volatility in Jakarta.

The Jakarta Composite Index (IHSG) closed sharply lower on Wednesday, dropping 1.89%, reflecting broader investor caution.

While the index decline preceded the announcement, the sudden exit of a key policy figure adds a layer of uncertainty to the outlook for the rupiah and domestic interest rates.

Warjiyo's tenure has been defined by efforts to stabilize the currency and manage inflation amid global monetary tightening.