Bank Negara Malaysia wishes to announce the reappointment of Dato' Muhammad Ibrahim as Deputy Governor for another three year tenure from 16 June 2013 to 15 June 2016.  Dato' Muhammad was appointed as Deputy Governor on 16 June 2010 for a 3-year term.  Dato' Muhammad Ibrahim will continue to oversee the international reserve management, money market and foreign exchange operations, and financial sector regulation and development including the payment system.

Bank Negara Malaysia also wishes to announce the appointment of Dr. Sukudhew (Sukhdave) Singh as Deputy Governor for a 3-year term effective 16 April 2013.  Dr. Sukhdave will be responsible for the Monetary and Economics Sector as well as the organisational development sector of the Bank.  Dr Sukhdave is currently the Assistant Governor responsible for the Monetary and Economics Sector, which also includes the international and statistical services functions of the Bank. He is a member of the Bank's Monetary Policy Committee and chairs the Monetary Policy Working Group of the Bank.  In addition, Dr. Sukhdave also has responsibility over regional integration initiatives and has chaired a number of regional taskforces on financial and monetary cooperation.  Dr. Sukhdave joined the Bank in 1986 and holds a PhD in Monetary and International Economics from Vanderbilt University, USA.

With the appointment, Bank Negara Malaysia now has three Deputy Governors, as provided for by the Central Bank of Malaysia Act 2009.

Dato' Muhammad Ibrahim

Dr. Sukhdave Singh