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Abdul Rasheed Ghaffour appointed as Bank

Negara governor for 5 years effective July 1
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Abdul Rasheed will be appointed as Bank Negara governor for a five-year term effective
July 1, 2023 to June 30, 2028.
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Bank commemorates
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He will assume the position from Tan Sri Nor Shamsiah Mohd Yunus, who completes her
PROPERTY 12h ago
five-year term on June 30.

“It is an honour to be appointed to the position of governor. I look forward to continuing 5 First-time house
buyers to continue
enjoying stamp duty...
and building on the work of Shamsiah. Under her leadership, the bank has been
steadfast in discharging its mandate to promote monetary and financial stability, even
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through many challenging periods which include the pandemic crisis. She has also set in
motion various organisational modernisation initiatives to reshape and better position
the bank to deal with the opportunities and challenges of the future. I will endeavour to
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carry out the duties of Governor to the best of my ability,” Abdul Rasheed said in a
statement.
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Abdul Rasheed joined Bank Negara in 1988, rising to the position of deputy governor in
2016.
10 ago
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RM95.4mil
construction...
He graduated from Universiti Malaya with a Bachelor of Economics. He also holds an
MBA from the Saïd Business School, Oxford University.

Over the span of his career in the bank, Abdul Rasheed has helmed various senior
positions. He is currently a member of the Monetary Policy Committee and Financial
Stability Committee, a position he has held since 2015.

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Abdul Rasheed also played key roles in the development and implementation of the
Financial Sector Masterplan and Financial Sector Blueprints.
Market Summary
The Board expressed its appreciation to Shamsiah for her contributions and service to
the bank and country. Quotes are delayed by at least 15 mins
Updated: 09 Jun 2023|6:50 PM
“She has demonstrated exemplary leadership and exceptional commitment in
FBM KLCI
discharging her responsibility as governor and chairperson of the board. The board is Vol ('00)
1376.08 1.44 0.1%
confident that with his extensive experience and proven track record in the bank, Abdul
33,446,531
Rasheed will drive the Bank further forward and continue its tradition of excellence in
advancing the interests of the country,” Bank Negara said. FBMKLCI

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