Datuk Nor Shamsiah Mohd Yunus Appointed as Bank Negara Malaysia Governor from 1 July

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The Ministry of Finance has been instructed to announce that His Majesty Yang di-Pertuan Agong has on 19 June 2018 granted his royal consent to the recommendation of Prime Minister Tun Dr Mahathir Mohamad to appoint Datuk Nor Shamsiah Mohd Yunus as the new Governor of Bank Negara Malaysia (BNM).

The prime minister forwarded his recommendation on 18 June 2018 to the Yang di-Pertuan Agong that Nor Shamsiah be appointed as BNM governor for a term of five years effective from 1 July 2018 to 30 June 2023.

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, Nor Shamsiah was responsible for banking, insurance and takaful supervision, financial intelligence and enforcement, talent management, finance and the shared services of the central bank.

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.

Nor Shamsiah graduated from the University of South Australia with a Bachelor of Arts Degree in Accountancy and is a Certified Practising Accountant (CPA).

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