Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz is the Governor of Bank Negara Malaysia since May 2000 and is one of the two ex officio members of the Board.
At the Central Bank, Dr. Zeti had a key role in successfully managing the recovery of the ﬁnancial system and the economy in Malaysia during the Asian Financial Crisis. She also had an important role in the formulation and implementation of two consecutive 10-year plans for the development of the ﬁnancial system which has resulted in wide-ranging ﬁnancial reforms, and the successful enactment of eight new major legislations for the ﬁnancial sector.
Dr. Zeti is actively involved in strengthening regional cooperation and ﬁnancial integration in the Asian region. She chaired the Executives’ Meeting of East Asia Pacific Central Banks Taskforce on “Regional Cooperation among Central Banks in Asia” that prepared the report for future Central Bank ﬁnancial cooperation in the region which still continues today. She is a founding member of the Bank for International Settlements (BIS) Asian Consultative Group for Asia and the ﬁrst co-chair of the Financial Stability Board (FSB) Regional Consultative Group for Asia. Dr. Zeti also participates extensively in international forums. She was a member of the United Nations General Assembly Commission of Experts on Reforms of the International Monetary and Financial System in 2009, a high level task force established to examine reforms in the global financial system and is currently the chair of BIS Central Bank Governance Group, which she has been a member since 2001.
Dr. Zeti continues to be actively involved in the global development of Islamic Finance. This included being a part of the group of Governors that established the Islamic Financial Services Board (IFSB) and International Islamic Liquidity Management (IILM). She headed a task force that prepared a report on “Islamic Finance: Global Financial Stability” which identified the building blocks which would further strengthen the institutional arrangements in the Islamic ﬁnancial system. In Malaysia, the recent decade saw the transformation of the Islamic financial system including its expansion and internationalisation. Dr. Zeti also had a signiﬁcant role in the development of talent in the Islamic ﬁnancial services industry.
Dr. Zeti received her Bachelor of Economics from the University of Malaya and her PhD in Economics from the University of Pennsylvania, USA.