Bank Negara Malaysia wishes to announce the reappointment of Mr. Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC). The appointment is for a three-year term, effective 1 January 2026.

Mr. Nor Zahidi Alias has been an external member of the MPC since 1 January 2021. He was previously the Chief Economist of the Malaysian Rating Corporation Berhad (MARC). Earlier in his career, he worked at The New Straits Times Press (M) Berhad as a senior analyst before subsequently joining Kuala Lumpur City Securities as an economist. Prior to his position in MARC, he was the Head of Research and Chief Economist at Alliance Merchant Bank and Head of Research at MCIS Zurich Insurance. Mr. Nor Zahidi holds a Master’s degree in Economic Policy and a Bachelor’s degree in Economics from Boston University.

About the MPC

Under the Central Bank of Malaysia Act 2009 (CBA), the MPC is responsible for formulating monetary policy and deciding on policies for the conduct of monetary policy operations. The CBA also sets out the process for appointing members to the MPC.

Members of the MPC:

1. Governor Dato’ Seri Abdul Rasheed Ghaffour
2. Deputy Governor Dato’ Marzunisham Omar
3. Deputy Governor Adnan Zaylani Mohamad Zahid
4. Deputy Governor Aznan Abdul Aziz
5. Assistant Governor Dr. Norhana Endut
6. Assistant Governor Fraziali Ismail
7. Assistant Governor Mohamad Ali Iqbal Abdul Khalid
8. Nor Zahidi Alias (External Member)
9. Lim Chee Sing (External Member)
10. Datuk Yogeesvaran Kumaraguru (External Member)