KUALA LUMPUR: There is set to be a restructuring in the Bank Negara following the resignation of a long-serving senior official. Deputy governor Sukudhew (Sukhdave) Singh is stepping down today, less than a year and a half until the end of his term of appointment in April 2019. Following his resignation, the central bank has only one deputy governor now – Shaik Abdul Rasheed Abdul Ghaffour. The other deputy governor post was left vacant on Nov 15 last year when Datuk Nor Shamsiah Mohd Yunus was not re-appointed after the end of her tenure. Under Section 14 of the Central Bank of Malaysia Act 2009, the central bank can have up to three deputy governors.

Source: The Star November 27, 2017 22:18 UTC