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Bambang in 2012
|Speaker of People's Representative Council|
15 January 2018
|Preceded by||Setya Novanto
Fadli Zon (acting)
|Member of People's Representative Council
from Central Java 7th district
1 October 2009
|President||Susilo Bambang Yudhoyono
10 September 1962 |
|Alma mater||Indonesia Open University
Newport Management Institute
Bambang Soesatyo (born 10 September 1962) is an Indonesian politician and businessman who is the current Speaker of the People's Representative Council. A member of Golkar Party, he was elected into the national legislative body in the 2009 elections. On 15 January 2018, Golkar selected him to replace Setya Novanto, who had resigned as parliament speaker amid a corruption investigation.
Raised in a military family, Bambang attended state schools in Jakarta (SDN 8, SMPN 49, SMAN 14) for 12 years. Upon completing high school in 1981, he enrolled at Jayabaya Accounting Academy in East Jakarta. During his studies, he chaired the academy's Student Senate. Following his graduation in 1985, he completed a pre-MBA course at the Institute for Management Education and Development (IPPM) in Jakarta, then earned a degree in public administration from Indonesia Open University in 1988. He obtained a degree in corporate management from Sekolah Tinggi Ekonomi Indonesia in 1992 after completing his MBA at Newport Management Institute of Indonesia in 1990.
During his studies, he was active in student organizations. One of these, Angkatan Muda Pembaharuan Indonesia (Indonesian Youth Renewal Generation), was affiliated with Golkar, which was then the ruling political party of Suharto.
Bambang took a job in a public accountancy office in 1984, but became an editor the following year and a journalist by 1986. He later worked in a financial department doing electronic data processing before returning to publishing, becoming a marketing manager of the Vista magazine until 1992. He also took up a one-year position as a lecturer between 1991 and 1992. After becoming editor-in-chief of Info Bisnis and Suara Karya, he became a director of a timber company and served as a commissioner at several other corporations.
After failing to gain a seat four times (including in 1997, 1999, and 2004), Bambang secured a seat in the People's Representative Council following the 2009 elections where he had run in Central Java's 7th electoral district—covering the regencies of Purbalingga, Banjar, and Kebumen. Upon his inauguration, he was assigned to Commission III on law, human rights and security. Later, he was part of a special committee investigating a controversial Rp 6.7 trillion bailout for Bank Century, given during the financial crisis of 2007–2008, which involved finance minister Sri Mulyani Indrawati and later vice president Boediono.
In 2014, Bambang stood for re-election in the election and received 57,235 votes, making him the only candidate from the district affiliated with Golkar. He blamed vote buying as a reason for Golkar's declining votes. By January 2016, internal changes in Golkar resulted in him being assigned as Chairman of Commission III. Bambang was also a member of a special committee (Panitia Khusus/Pansus) for the Corruption Eradication Commission (KPK), seen by many observers as an attempt to restrict the anti-graft body's powers.
After being implicated in a $170 million graft scandal, Setya Novanto resigned as Golkar chairman and parliament speaker in late 2017. Golkar's new chairman, Airlangga Hartarto, appointed Bambang as the new parliament speaker and he was sworn in on 15 January 2018. Fellow Golkar parliamentarian Kahar Muzakir replaced him as head of Commission III. While some analysts praised Bambang's appointment based on his seniority and political experience, others cited a possible conflict of interest due to his involvement in the special committee conducting an inquiry into KPK. However, Bambang resigned from the special committee after he was sworn in.
Bambang is married to Lenny Sri and he has eight children. He collects luxury vehicles, which he reported in 2016 as two Harley-Davidson motorcycles and ten cars, valued at Rp 18 billion (about US$1.35 million), compared to his total reported assets of Rp 62 billion (US$4.66 million).