Governor of Central Bank of Malaysia
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Governor Central Bank of Malaysia  YBhg. Datuk Muhammad bin Ibrahim |
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Muhammad bin Ibrahim 8th Governor of BNM |
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In office 1 May 2016 – Now |
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| Preceded by | Zeti Akhtar Aziz |
| Personal details | |
| Born | 1960 |
| Nationality | Malaysia |
| Alma mater |
IIUM University of Malaya HKS, Harvard University HBS, Harvard University |
| Religion | Islam |
| Website | Bank Negara Malaysia |
The Governor of The Central Bank of Malaysia (Malay: Bank Negara Malaysia) is the highest ranked position in the financial and economics sector in Malaysia. The Governor is the head of all the financial institutions in Malaysia. He does the bank affairs based on the regulations given by the BNM BNM Board of Directors.
Section 15 (1) of the Central Bank of Malaysia Act 2009 stated that the Governor is elected by Yang di-Pertuan Agong, the Supreme Head of Malaysia whilst the Deputy Governor is elected by a Minister (that is from Financial Department).
Until now, the number of the Governors of BNM is 8 (data collected from 1 May 2016). The current Governor is Muhammad bin Ibrahim.
The First Governor of BNM, W. H. Wilcock is an Australian citizen. In September 1956, a legislative proposals and policy for the establishment of a Central Bank in Malaya was issued in "Caine Watson Reports".
At that time, W. H. Wilcock served as Deputy Governor Commonwealth Bank of Australia ( now the Reserve Bank of Australia). In 1958, he came to Malaya as the Financial Advisor to the Government of the Federation of Malaya.
In 1959, W. H. Wilcock was appointed by Yang di-Pertuan Agong as a Governor First and Chairman of the Board of the Central Bank of Malaya ( back then it was known as Bank Negara Tanah Melayu ) for 2 years. The Federation of Malaya Government renew his contract for another 6 months.
He retired from the post of Governor BNM in 1962 and returned to Australia to fill the position as General Manager at the Notes Printing Division on Reserve Bank of Australia and oversaw the introduction of the decimal currency Australia.
After that, the second Governor, Ismail Mohd Ali came in place followed by Abdul Aziz Taha as third, Jaffar Hussein as fourth, Ahmad Mohd. Don as fifth, Ali Abul Hassan Sulaiman as sixth, Zeti Akhtar Aziz as seven and the first woman Governor as Muhammad Ibrahim as eight and the current Governor of BNM.
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Wikipedia