Business

Look for the best: Nor Shamsiah hopes for more female central bank governors

Current Bank Negara Malaysia head says equal merit-based approach has worked well so far

Updated 4 years ago · Published on 07 Feb 2022 3:05PM

Look for the best: Nor Shamsiah hopes for more female central bank governors
Tan Sri Nor Shamsiah Mohd Yunus says she hopes women will be appointed as governor not because of their gender, but because they are the best candidates for the job. – EPA pic, February 7, 2022

KUALA LUMPUR – Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus hopes more women will be appointed governors of central banks in the next 10 years.

Responding to a question on female leadership in central banks, Nor Shamsiah said she hopes women will be appointed to the job not because of their gender, but because they are the best candidates for the job.

“One of our core organisational values is respect for diversity. In our experience, a policy of respect for diversity, meritocracy, and transparency works best to alleviate concerns across genders.

“Men and women have different challenges, and we need to allocate necessary resources to level the playing field,” she said in an interview with Women’s World Banking.

Nor Shamsiah said BNM’s approach of giving both men and women equal opportunities to develop their career and rewarding them based on merit has worked for the bank.

“We have an equal representation of men and women, and women account for more than 40% of our senior officers,” she added. – Bernama, February 7, 2022

Related News

Malaysia / 1mth

RM1 ATM fee exemption covers 84 per cent of machines nationwide - Fahmi

Malaysia / 2mth

Malaysia’s hidden debt trap: When borrowing becomes a way of life

Business / 2mth

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Business / 3mth

BMI sees BNM holding OPR at 2.75% in July, amid contained inflation

Business / 3mth

BNM's international reserves at US$129.7b as of April 30, 2026

Business / 3mth

Bank Negara holds OPR steady at 2.75 per cent

Spotlight

Malaysia

Tuanku Muhriz urges Malaysians to uphold Rukun Negara, strengthen unity

Malaysia

PM to bring Felda forensic audit proposal to Cabinet

Malaysia

Malaysia tightens Thailand border security after wave of southern attacks

Malaysia

Mohd Amar’s three-year remark puts PAS’ Kelantan record under spotlight

Malaysia

KPF’s Al-Rawda exposure raises fresh questions over RM119.38 million

By Alfian Z.M. Tahir

Trump’s North Korea gamble deepens Asia’s doubts over US alliances

Malaysia

Rayer denies involvement in 'Maha Kali Red Rally', claims name and photo misused

Business

Nation’s economic outlook strengthens as leading index signals continued growth

You may be interested

Business

Matrix Concepts records RM416.7m in 1Q27 sales as geographic diversification gains traction

Business

Nation’s economic outlook strengthens as leading index signals continued growth

Business

Oil prices hold near US$85 as US-Iran tensions keep hormuz risks in focus

Business

Oil prices pull back after rally as markets brace for tougher Iran sanctions

Business

K8 cargo: Businessman seeks clarification from MOF, Customs, Petronas