HEADLINES

Aznan Aziz is new BNM deputy governor from April 1

Central bank also announces Cindy Siah Hooi Hoon as assistant governor

7:38 PM MYT

 

KUALA LUMPUR — Bank Negara Malaysia (BNM) has announced  Aznan Abdul Aziz’s appointment as deputy governor for a three-year term effective April 1, 2025, following approval from the Finance Minister.

Aznan will oversee the supervision and regulation sector and be a member of BNM’s board and the monetary policy committee, the central bank said in a statement.

“He will continue to serve on various BNM committees including reserve management, risk management, financial stability, joint policy, enforcement, digital and technology and crisis management.”

Aznan holds an economics and accounting degree from the United Kingdom’s University of Bristol.

He is also the International Islamic Liquidity Management Corporation’s board audit committee chairman; a member of Labuan Financial Services Authority’s board and board audit and risk committee.

Aznan is also International Association of Insurance Supervisors executive committee member and an ex-officio member of the Financial Reporting Foundation.

Another appointment is Cindy Siah Hooi Hoon as BNM assistant governor. She will be responsible for financial conglomerates supervision, banking supervision, insurance and takaful supervision, risk specialist and technology supervision as well as payment services oversight departments.

BNM also said Datuk Jessica Chew Cheng Lian has been appointed technical adviser on financial stability matters following her retirement from the central bank,

BNM governor Datuk Seri Abdul Rasheed Ghaffour said Chew has been a continuous source of wisdom and support over the last 34 years.

“I also appreciate her willingness to continue supporting BNM in the technical work relating to financial stability,” he said. – March 14, 2025

Topics

 

Popular

Govt to raise alcohol excise duty by 10% from November 2025, tobacco taxes also up: Anwar

Prime Minister says the move, announced under Budget 2026, aims to promote healthier lifestyles and reduce access to alcohol and tobacco, with additional revenue channelled to the Health Ministry

Bangladeshi cops want M’sian businessman, partner nabbed over trafficking, money laundering probe

The country's Interpol branch sent an official letter to extradite Datuk Seri Mohd Amin Abdul Nor also known as 'Amin Bangla', and Ruhul Amin

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Related