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KUALA LUMPUR, Malaysia — Malaysia appointed Abdul Rasheed Ghaffour as its new central bank governor for a 5-yr time period, successful July 1.
Bank Negara Malaysia stated late Friday that Abdul Rasheed, at this time a deputy governor, would substitute Nor Shamsiah Mohd Yunus as governor up coming month right after the latter completes her five-12 months phrase on June 30.
Abdul Rasheed joined Bank Negara in 1988 and has held the position of deputy governor considering the fact that 2016. He is a member of the monetary policy committee and the economical security committee, the central bank explained.
“I look ahead to keep on and make on the operate of Governor Shamsiah. Below her management, the Bank has been steadfast in discharging its mandate to endorse monetary and money balance, even by way of a lot of difficult periods which include the pandemic crisis,” Abdul Rasheed stated.
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