Malaysian financial executive set to be executive bank governor: WSJ


KUALA LUMPUR A tip Malaysian financial method executive is set to be allocated executive bank administrator to reinstate Zeti Akhtar Aziz subsequent week, a Wall Street Journal reported, citing unclear sources.

Mohd Irwan Serigar Abdullah will reinstate Zeti, who stairs down as Bank Negara Malaysia (BNM) administrator on Apr 30 after 16 years during a helm, a journal said.

When contacted by Reuters, Mohd Irwan pronounced in a content summary he did not know if he had been shortlisted for a role.

A orator during a Prime Minister’s Office told Reuters he would not criticism on speculation. A executive bank mouthpiece pronounced a bank could not criticism on a matter.

Zeti is widely respected, and credited for pulling reforms and sound policies, as good as safeguarding a autonomy of a executive bank. There has been no executive word on her replacement.

Market participants feared domestic division in a appointment by Prime Minister Najib Razak’s supervision generally after BNM insisted that state-owned 1Malaysia Development Berhad (1MDB) be charged for mercantile mismanagement..

Mohd Irwan was one of a possibilities short-listed for a pursuit along with emissary executive bank administrator Muhammad Ibrahim, a apportion in a Prime Minister’s Department in assign of Economic Planning Abdul Wahid Omar and a envoy to a United States Awang Adek Hussin, Reuters reported in February.

A career polite servant, Mohd Irwan is Treasury secretary-general during a Finance Ministry, that is headed by Prime Minister Najib. He is also a member of a house of advisers for 1MDB.

(Reporting by Praveen Menon and Joseph Sipalan; Editing by Sam Holmes)

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