BNM governor submits resignation letter

PUTRAJAYA: Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim has submitted his resignation letter, according to Prime Minister Tun Dr Mahathir Mohamad today.
He said however the government had not yet decided on his successor, as the replacement needed the approval from the Yang di-Pertuan Agong Sultan Muhammad V.
"We will not announce it today," he said at the press conference after attending the Cabinet meeting here.
Muhammad was appointed as BNM Governor on May 1, 2016, replacing Tan Sri Dr Zeti Akhtar Aziz. He was the eighth person to hold that position.
Asked whether Muhammad gave any reason for his resignation, the Prime Minister said: " He did not give any concrete reason but he expressed his desire to resign."
Asked when the government would meet the Agong, Dr Mahathir said as soon as possible. — Bernama