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22 June 2018
Nor Shamsiah confirmed as New Bank Negara Malaysia Governor
Nor Shamsiah confirmed as Bank Negara governor
Friday, 22 Jun 201811:34 AM MYT
KUALA LUMPUR: Datuk Nor Shamsiah Mohd Yunus (pic) has been confirmed as the new governor of Bank Negara Malaysia.
The former central bank official who investigated the scandal-plagued state fund 1Malaysia Development Berhad (1MDB) was deputy governor at Bank Negara for six years until she left in November 2016.
She will replace Tan Sri Muhammad Ibrahim, who resigned from the top job earlier this month after questions were raised about the central bank’s role in a deal linked to 1MDB.
Muhammad was less than halfway through his five-year term when he left.
Prime Minister Tun Dr Mahathir Mohamad confirmed the appointment after it was approved by the Yang di-Pertuan Agong.
The new governor is taking over at a time of Malaysia’s biggest political upheaval in decades following last month’s unexpected election win for the Dr Mahathir-led Pakatan Harapan.
One of his first steps was to reopen an investigation into 1MDB, the state-owned investment fund mired in multibillion-dollar corruption probes around the world. –
Read more at https://www.thestar.com.my/news/nation/2018/06/22/nor-shamsiah-confirmed-as-bank-negara-governor/#hitscmJr96E4QKu0.99
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