Bank Negara Malaysia Appoints Datuk Nor Shamsiah Mohd Yunus as New Governor

Bank Negara Malaysia Appoints Datuk Nor Shamsiah Mohd Yunus as New Governor

The Ministry of Finance has announced that His Majesty Yang di- Pertuan Agong has granted his royal consent to the recommendation of YAB Prime Minister Tun Dr Mahathir Mohamad, to appoint Datuk Nor Shamsiah Mohd Yunus as the new Governor of Bank Negara Malaysia (BNM).  The BNM Governor appointment will be for a term of 5 years effective from 1st July 2018 to 30th June 2023.

” Bank Negara Malaysia Appoints Datuk Nor Shamsiah Mohd Yunus as New Governor “

Datuk Nor Shamsiah was the Deputy Governor of Bank Negara Malaysia from 2010 until 2016. She recently served as Assistant Director of the Monetary and Capital Markets Division of the International Monetary Fund.  As Deputy Governor, Datuk Nor Shamsiah was responsible for banking, insurance and Takaful supervision, financial intelligence and enforcement, talent management, finance and shared services of the central bank.

Datuk Nor Shamsiah joined Bank Negara Malaysia in 1987 and has served in various areas including prudential regulations, legislation, policies and guidelines for the financial sector and supervision. She was involved in the financial sector resolution initiatives during the Asian financial crisis. She played a key role in the formulation and implementation of the Financial Sector Masterplan (2001-2010) and Financial Sector Blueprint (2011-2020) that charts the development of the Malaysian financial system.