Malaysia Names Ex-1MDB Investigator as Central Bank Governor
- Finance Minister Lim confirms Nor Shamsiah’s appointment
- Ex-governor resigned less than halfway through his 5-year term
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Malaysia named Nor Shamsiah Mohd Yunus, a former central bank official who investigated the scandal-plagued state fund 1MDB, as governor of the regulator.
Shamsiah, who was deputy governor at Bank Negara Malaysia for six years until she left in November 2016, will replace Muhammad Ibrahim, who resigned from the top job earlier this month after questions were raised about the central bank’s role in a deal linked to 1MDB.