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| Source: BNM. Datuk Muhammad. |
"I'm confident that under his leadership, Bank Negara Malaysia will continue assisting the government with advice to further strengthen Malaysia's economy, as well as managing monetary policy, and regulating and developing the financial services industry," said the Prime Minister.
"On behalf of the government of Malaysia, I would like to thank Tan Seri Dato' Seri Dr Zeti Akhtar Aziz for her excellent contributions during her tenure as the 7th Governor of Bank Negara Malaysia."
"The appointment of Datuk Muhammad Ibrahim as Governor is definitely
positive for the country. Being part of our policy team at the bank will
provide continuity and the much needed certainty in this prevailing
period of great uncertainty. I have great confidence in his ability to
lead the Bank going forward into the future," added Dr Zeti.
Datuk Muhammad called his appointment "an opportunity and call to serve the nation". "I will strive to carry out the duties of Governor of Bank Negara Malaysia to the best of my ability," he said. "It is important for the central bank to maintain monetary and financial stability, remain focused on its strategic agenda and work towards contributing to a better future for all Malaysians.
Datuk Muhammad called his appointment "an opportunity and call to serve the nation". "I will strive to carry out the duties of Governor of Bank Negara Malaysia to the best of my ability," he said. "It is important for the central bank to maintain monetary and financial stability, remain focused on its strategic agenda and work towards contributing to a better future for all Malaysians.
"I would like to also thank Tan Sri Dr Zeti Akhtar Aziz for her
exemplary leadership and enormous contributions to the Bank and to the
nation."
Datuk Muhammad has been Deputy Governor of Bank Negara Malaysia since 2010. As Deputy Governor he sits on Bank Negara Malaysia's Monetary Policy and Financial Stability Committees and is responsible for the development of the financial markets and treasury operations including foreign exchange and reserve management of the Central Bank. His other responsibilities including oversseing the development of the banking including Islamic finance and insurance sector.
Datuk Muhammad has been Deputy Governor of Bank Negara Malaysia since 2010. As Deputy Governor he sits on Bank Negara Malaysia's Monetary Policy and Financial Stability Committees and is responsible for the development of the financial markets and treasury operations including foreign exchange and reserve management of the Central Bank. His other responsibilities including oversseing the development of the banking including Islamic finance and insurance sector.
Muhammad is responsible for promoting Malaysia's agenda of migration to e-payments, aimed to generate cost and operational efficiency for businesses. He is additionally involved in collaborative efforts with the regional central banks to develop a multicurrency payment settlement platform aimed to enhance linkages in cross border transactions in trade and investment. He further serves as Chairman of the Finance Accreditation Agency; Board member of the Retirement Fund; member of the Malaysian Institute of Accountants; panel member of the National Trust Fund; and Senate Chair of the International Centre for Education in Islamic Finance.;
He holds a bachelor's degree in accounting from the University of Malaya and Master’s Degree from Harvard University. He also holds a post-graduate diploma from International Islamic University of Malaysia.