Bank Negara Malaysia has appointed Mohamad Ali Iqbal Abdul Khalid as its new assistant governor effective from June 1.

Bank Negara Malaysia has appointed Mohamad Ali Iqbal Abdul Khalid as its new assistant governor effective from June 1.

Iqbal, who joined the central bank in 2002, will oversee the investment operations and financial market, and foreign exchange policy departments.

"He has served in various departments in Bank Negara, including the investment operations and financial market department, the governor's office, the international department and as chief representative at both Bank Negara representative offices in New York and London," it said in a statement.

According to Bank Negara, Iqbal holds a master of business administration from the Massachusetts Institute of Technology, master of science in wealth management from Singapore Management University and a master of engineering from the University of Durham, United Kingdom. 

He is a chartered financial analyst charterholder and a chartered banker from the Asian Institute of Chartered Bankers.

Iqbal assumes the role from Adnan Zaylani Mohamad Zahid, who was appointed deputy governor on Sept 1, 2023.

Source: nst.com.my