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Appointment of two External Members to Bank Negara Malaysia's Monetary Policy Committee

Ref No : 03/15/07 11 Mar 2015 Embargo : Not for publication or broadcast before 1800 hours on Wednesday 11 March 2015

Bank Negara Malaysia wishes to announce the appointment of Datuk Dr. Noor Azlan Ghazali and Dr. Yeah Kim Leng as external members of Bank Negara Malaysia's Monetary Policy Committee for a two-year term effective 1 April 2015. This follows from the enactment of the Central Bank of Malaysia Act 2009, which provides for the appointment of external members to the Monetary Policy Committee. The Monetary Policy Committee is responsible for formulating monetary policy and policies for the conduct of monetary policy operations. Monetary policy is autonomously formulated and implemented by Bank Negara Malaysia, as mandated in the Central Bank of Malaysia Act 2009.


Datuk Dr. Noor Azlan Ghazali
Datuk Dr. Noor Azlan is the Vice Chancellor and Professor of Economics at University Kebangsaan Malaysia, having begun his career at the University over 20 years ago as a lecturer. Datuk Dr. Noor Azlan specialises in business and financial economics. He was seconded to the Prime Minister's Department (2006- 2009), serving as amongst others, the Head of the Special Consultancy Team on Globalization for the National Economic Action Council (NEAC) and the Director of the Malaysian Development Institute (MDI) at the Economic Planning Unit (EPU). Datuk Dr. Noor Azlan holds a PhD in Economics from the University of Nebraska-Lincoln, USA and a Masters in Public Administration (MPA) from Harvard University.

Dr. Yeah Kim Leng
Dr. Yeah Kim Leng is the Dean of the School of Business at the Malaysia University of Science and Technology. He was previously the Group Chief Economist at RAM Holdings Bhd, having served the organisation for two decades (1994 - 2014). Prior to joining RAM Holdings Bhd, Dr. Yeah was a senior analyst at the Institute of Strategic and International Studies (ISIS) Malaysia. Dr. Yeah holds a PhD in Agriculture and Resource Economics and an MBA from the University of Hawaii, USA.

The appointment of Datuk Dr. Noor Azlan Ghazali and Dr. Yeah Kim Leng will further enhance the collective expertise and experience relevant to the responsibilities and functions of the Monetary Policy Committee. With their appointments, the Monetary Policy committee will have ten members in total.

Members of the Monetary Policy Committee
1.     Governor Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz, Chairman
2.     Deputy Governor Dato' Muhammad bin Ibrahim
3.     Deputy Governor Datuk Nor Shamsiah Mohd Yunus
4.     Deputy Governor Dr. Sukudhew Singh
5.     Assistant Governor Bakarudin bin Ishak
6.     Assistant Governor Norzila Abdul Aziz
7.     Assistant Governor Abu Hassan Alshari bin Yahaya
8.     Assistant Governor Marzunisham bin Omar
9.     Datuk Dr. Noor Azlan Ghazali
10.   Dr. Yeah Kim Leng

Bank Negara Malaysia
11 Mar 2015

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