Malaysia’s central bank appoints new deputy governor for supervision and regulation

BNM also announced a new technical adviser and an assistant governor.

Bank Negara Malaysia (BNM) has approved the appointment of Encik Aznan bin Abdul Aziz as deputy governor for a three-year term effective 1 April 2025.

Encik Aznan will oversee the supervision and regulation sector. He will be a member of BNM’s Board of Directors and Monetary Policy Committee.

He will continue to serve on various BNM committees including Reserve Management Committee, Risk Management Committee, Financial Stability Committee, Joint Policy Committee, Enforcement Committee, Digital and Technology Committee and Crisis Management Committee.

Apart from the new deputy governor, BNM has also appointed a new technical adviser on financial stability and an assistant governor.

Datuk Jessica Chew Cheng Lian as a technical adviser on financial stability matters following her retirement from BNM.

BNM has also appointed Puan Cindy Siah Hooi Hoon as assistant governor. She will be responsible for the Financial Conglomerates Supervision, Banking Supervision, Insurance and Takaful Supervision, Risk Specialist and Technology Supervision as well as Payment Services Oversight departments.

Prior to her appointment, Puan Cindy served in the Prudential Financial Policy and Banking Supervision Departments.