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Aznan Aziz is new BNM deputy governor from April 1 | Scoop
Aznan Abdul Aziz (left) and Cindy Siah Hooi Hoon (right). - BNM pic, March 14, 2025
News

Aznan Aziz is new BNM deputy governor from April 1

Central bank also announces Cindy Siah Hooi Hoon as assistant governor

Bernama
Updated
7:38 PM MYT

 

KUALA LUMPUR — Bank Negara Malaysia (BNM) has announced  Aznan Abdul Aziz’s appointment as deputy governor for a three-year term effective April 1, 2025, following approval from the Finance Minister.

Aznan will oversee the supervision and regulation sector and be a member of BNM’s board and the monetary policy committee, the central bank said in a statement.

“He will continue to serve on various BNM committees including reserve management, risk management, financial stability, joint policy, enforcement, digital and technology and crisis management.”

Aznan holds an economics and accounting degree from the United Kingdom’s University of Bristol.

He is also the International Islamic Liquidity Management Corporation’s board audit committee chairman; a member of Labuan Financial Services Authority’s board and board audit and risk committee.

Aznan is also International Association of Insurance Supervisors executive committee member and an ex-officio member of the Financial Reporting Foundation.

Another appointment is Cindy Siah Hooi Hoon as BNM assistant governor. She will be responsible for financial conglomerates supervision, banking supervision, insurance and takaful supervision, risk specialist and technology supervision as well as payment services oversight departments.

BNM also said Datuk Jessica Chew Cheng Lian has been appointed technical adviser on financial stability matters following her retirement from the central bank,

BNM governor Datuk Seri Abdul Rasheed Ghaffour said Chew has been a continuous source of wisdom and support over the last 34 years.

“I also appreciate her willingness to continue supporting BNM in the technical work relating to financial stability,” he said. – March 14, 2025

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