Governor_of_Central_Bank_of_Malaysia

Governor of the Central Bank of Malaysia

Governor of the Central Bank of Malaysia

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The Governor of the Central Bank of Malaysia is the chief executive of Malaysia's central bank and the ex-officio chairperson of its Central Board of Directors. Malaysian ringgit currency notes, issued by the Central Bank of Malaysia (BNM), bear the governor's signature. Since its establishment in 1959, the BNM has been headed by 9 governors.

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Section 15 (1) of the Central Bank of Malaysia Act 2009 states that the Governor is appointed by Yang di-Pertuan Agong, the Supreme Head of Malaysia whilst the Deputy Governor is appointed by the Finance Minister. Section 15 (4) of the Central Bank of Malaysia Act 2009 states that the term of office typically runs for 5 years for the Governor and 3 years for the Deputy Governor, both eligible for reappointment.[1]

The 10th and current Governor is Shaik Abdul Rasheed Abdul Ghaffour, who took over from Nor Shamsiah Yunus on 1 July 2023.

List of the governors

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References

  1. "Central Bank of Malaysia Act 2009". Central Bank of Malaysia. Retrieved 2018-09-02.

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