Aznan appointed Bank Negara deputy governor from April 1

Bank Negara Malaysia (BNM) said the finance minister has approved Aznan Abdul Aziz’s appointment as deputy governor for a three-year term effective April 1, 2025.

He 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,” it said.

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 chairperson; a member of Labuan Financial Services Authority’s board and board audit and risk committee.

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

According to the statement, Jessica Chew Cheng Lian was also appointed technical adviser on financial stability matters following her retirement from BNM.

BNM governor 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.

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.

- Bernama

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