KINIBIZ Recently, the prime minister’s brother Nazir Abdul Razak, who is also the chairperson of CIMB Group, said on Instagram that he had expected a new committee, but not with himself in it.

Tiger applauds his candid honesty and the fact that he has (unwittingly?) agreed to be part of the committee, but she is more concerned about the ‘missing persons’ from the committee than those who have actually been appointed to the committee.

The committee is chaired by Abdul Wahid Omar, who is a minister in the Prime Minister’s Department overseeing the economy; while the rest of the committee is made up of Khazanah Nasional Bhd deputy chairperson Nor Mohamed Yakcop; Khazanah managing director Azman Mokhtar; chief adviser to the China Banking Regulatory Commission Andrew Sheng; Federation of Malaysian Manufacturers Saw Choo Boon; Symphony Life Bhd executive chairperson Mohamed Azman Yahya; RAM Holdings Bhd group chief executive officer; Universiti Kebangsaan Malaysia vice-chancellor Noor Azlan; and Maybank Bhd managing director Abdul Farid Alias.

If you haven’t noticed, a number of important individuals are missing from this list, namely Bank Negara Malaysia governor Zeti Akhtar Aziz; International Trade and Industry Minister Mustapa Mohamed; Finance Ministry secretary-general of treasury Mohd Irwan Serigar Abdullah; Works Minister Fadillah Yusof; and other key decision makers.

The fact that the above individuals are missing from the committee indicates that the committee will not be able to make quick economic decisions that are needed.

In times of crisis, and if this indeed is a crisis committee like the way the National Economic Action Council (NEAC) was during the Asian financial crisis, it is imperative that its members be able to make swift decisions.

For the full story go to KINIBIZ .

This article was written by G Sharmila.