Video PlayerClose Malaysian Financial Minister Lim Guan Eng (R, front) and Nor Shamsiah Mohd Yunus (L, front) arrive for a press conference in Putrajaya, Malaysia, June 22, 2018. Malaysia on Friday confirmed the appointment of Nor Shamsiah Mohd Yunus as the country’s new central bank governor, effective from July 1. (Xinhua/Chong Voon Chung) PUTRAJAYA, Malaysia, June 22 (Xinhua) — Malaysia on Friday confirmed the appointment of Nor Shamsiah Mohd Yunus as the country’s new central bank governor, effective from July 1. Malaysian Financial Minister Lim Guan Eng told a press conference that the king had consented to the recommendation of Prime Minister Mahathir Mohamad to appoint Nor Shamsiah Mohd Yunus as Bank Negara Malaysia (BNM)’s new governor for a term of five years effective from July 1, 2018 to June 30, 2023. The appointment came after the resignation of the bank’s former governor Muhammad Ibrahim, who was said to have been involved in a controversial land deal that linked with 1MDB scandal. Shamsiah was previously the deputy governor of BNM 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, Shamsiah was responsible for banking,… Read full this story
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