Dr Sukhdave reappointed as Bank Negara Malaysia deputy governor

1
3322
| Kuala Lumpur, Malaysia | 24 March  2016 | Asia Samachar |
Dr Sukhdave Singh: Malaysia has reappointed as deputy governor of its central bank, Bank Negara Malaysia, for a second three-year term from 2016. - PHOTO / ASIA SAMACHAR
Dr Sukhdave Singh: Malaysia has reappointed as deputy governor of its central bank, Bank Negara Malaysia, for a second three-year term from 2016. – PHOTO / ASIA SAMACHAR

Dr Sukhdave Singh, one of the most senior Sikhs in financial regulation in Southeast Asia, has been reappointed for another three-year term as deputy governor of the Malaysian central bank.

With this extension, he remains one of the top four people running the Bank Negara Malaysia (BNM), a reputable and respected regulatory body in the region, which oversees the financial sector in the country.

“He will continue to oversee the Monetary and Economics Sector as well as several departments under the organisational development sector of the Bank,” BNM said in a statement released yesterday (23 March 2016).

SEE ALSO: Amar Singh makes history for Sikhs in Malaysian police force

SEE ALSO: Ranjit Ajit launches Securities Commission annual report

Another top notch Sikh in the Malaysian financial regulation space is Ranjit Ajit Singh, the executive chairman of the Securities Commission Malaysia.

Being one of the three existing deputy governors – as provided for under the Central Bank of Malaysia Act 2009 – Dr Sukhdave’s name was naturally thrown into the fray as one of the potential candidates to take over the central bank’s governor position with the imminent departure of Dr Zeti Akhtar Aziz at end-April.

The Act governing central bank states that the governor shall be appointed by the Yang di-Pertuan Agong while the deputy governors by the Minister of Finance.

“The Governor and Deputy Governors shall be persons of impeccable reputation with proven experience and recognized knowledge in monetary or financial matters,” the Acts states.

Dr. Sukhdave, whose official name is spelt as Dr. Sukudhew Singh, is a respected economist.

He joined BNM in 1986 and holds a PhD in Monetary and International Economics from Vanderbilt University, USA.

In 2013, he was made a deputy governor. He was then serving as an assistant governor responsible for the monetary and economics sector, which also included the international and statistical services functions of the central bank.

 

[ASIA SAMACHAR is an online newspaper for Sikhs in Southeast Asia and surrounding countries. We have a Facebook page, do give it a LIKE. Follow us on Twitter. Visit our website: www.asiasamachar.com]

RELATED STORIES:

Ranjit Ajit launches Securities Commission annual report (Asia Samachar, 10 March 2016)

Amar Singh makes history for Sikhs in Malaysian police force (Asia Samachar, 19 Feb 2016)

Mohan remains only Sikh counsillor in Selangor, two others dropped (Asia Samachar, 28 Jan 2016)

Harjit Sajjan: Canada’s ‘bad-ass’ defence minister (Asia Samachar, 11 Jan 2016)

4 Sikhs take up Cabinet berth in Canada (Asia Samachar, 5 Nov 2015)

Sikh banker, police officer at Malaysian banking summit (Asia Samachar, 19 June 2015)

BIMB appoints Malkit as Group CFO (Asia Samachar, 13 May 2015)

B2B: Singhs at CMO conference in KL (Asia Samachar, 23 Apr 2015)

Randhir spearheads Nepali bank push in Southeast Asia (Asia Samachar, 10 Feb 2015)

Capital Sikhs on Ground Guru (Asia Samachar, 10 Nov 2014)

1 COMMENT

  1. Congratulations to another Sikh who has made the community proud. Such people are role models for all.

LEAVE A REPLY