Things to Consider when Choosing a Governor for Bank Negara Malaysia


Dr Zeti Akhtar Aziz.

With the exit of Dr Zeti Akhtar Aziz, the Governor of Bank Negara, Penang Monthly considers the issue of central bank governance.

As the outstanding leadership of Dr Zeti Akhtar Aziz as Governor of Bank Negara Malaysia (BNM) draws to a close, this article aims to shed more light on global best practices for choosing a central bank governor and provides profiles of central bank governors worldwide.

The Importance of the Central Bank Governance Group

The Bank for International Settlements (BIS)1, also known as the bank of central banks, is the oldest international financial organisation that brings together central bank governors at their bimonthly meetings, either at its head office in Basel or in another member country.

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