Abdul Rasheed named Bank Negara deputy governor

PETALING JAYA: Bank Negara Malaysia (BNM) has appointed Shaik Abdul Rasheed Abdul Ghaffour (pix) as deputy governor for a three-year term effective July 16, 2016.
With the appointment, Bank Negara Malaysia now has three deputy governors, as provided for by the Central Bank of Malaysia Act 2009.

In a statement yesterday, the central bank said Abdul Rasheed will be responsible for the financial sector regulation and development including payment systems as well as the international reserve management and money market operations and foreign exchange administration.
He is currently the assistant governor responsible for the monetary policy and economics sector which consists of the monetary policy, economics, international and statistical services departments.
Abdul Rasheed joined BNM in 1998 and holds a bachelor degree in Economics from University of Malaya.
He has previously served at the International Monetary Fund (IMF), Washington D.C. as the alternate executive director of the Southeast Asia Voting Group on the IMF Executive Board.