BNM: Yeah Kim Leng, Gan Wee Beng Appointed as MPC External Members
KUALA LUMPUR (April 29): Bank Negara Malaysia (BNM) announced today Dr Yeah Kim Leng's reappointment and Datuk Dr Gan Wee Beng's appointment as external members of the central bank's monetary policy committee (MPC), effective April 1, 2019.
In a statement today, BNM said this follows the enactment of the Central Bank of Malaysia Act 2009, which provides for the appointment of external members to the MPC.
BNM said Yeah's reappointment is for one-year term while Gan's appointment is for two years. "The monetary policy committee is responsible for formulating monetary policy and policies for the conduct of monetary policy operations. Monetary policy is autonomously formulated and implemented by BNM, as mandated in the Central Bank of Malaysia Act 2009.
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