Move To Make 1MDB Advisor Bank Negara’s New Governor Was Objected By Zeti, WSJ Says
The current central-bank governor, Tan Sri Zeti Akhtar Aziz, is retiring next month after 16 years in the post.
Cover image via SAYSTan Sri Irwan Serigar Abdullah is expected to succeed Tan Sri Zeti Akhtar Aziz as Bank Negara Malaysia (BNM) governor, the Wall Street Journal (WSJ) reported today
WSJ also reported that the move comes over the objection of Tan Sri Zeti.
Tan Sri Irwan is a member of 1MDB's board of advisors and Secretary-General of Treasury at the Finance Ministry.
Meanwhile, Tan Sri Zeti said to patiently await for the government's decision that will soon be announced
Zeti has been the head of Malaysia's central bank for the past 16 years. This year marks her 35th year of service with BNM.
As the first woman Governor of Malaysia's Central Bank, Zeti is widely respected, and credited for pushing reforms and sound policies, as well as protecting the independence of the central bank, Reuters wrote.
**WSJ also sang praises for Zeti, saying that her stable economic management has successfully attracted investment in the nation's stock and bond markets.**


